Tethys Oil AB (OSTO:TETY) Total Current Assets : kr380 Mil (As of Mar. 2024)

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What is Tethys Oil AB Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tethys Oil AB's total current assets for the quarter that ended in Mar. 2024 was kr380 Mil.

Tethys Oil AB Total Current Assets Historical Data

The historical data trend for Tethys Oil AB's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tethys Oil AB Total Current Assets Chart

Tethys Oil AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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829.11

541.09

713.53

717.12

470.82

Tethys Oil AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															683.06	586.92	552.02	470.82	380.01

Tethys Oil AB Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Tethys Oil AB's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	264.646	+	204.126	+	0	+	2.052
	=	471

Tethys Oil AB's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	155.128	+	219.678	+	0	+	5.206
	=	380

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Tethys Oil AB (OSTO:TETY) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Tethys Oil AB's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	155.128	-	286.311	+	0.75 * 114.524	+	0.5 * 0
=	-45

Tethys Oil AB Total Current Assets Related Terms

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Tethys Oil AB (OSTO:TETY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tethys Oil AB (OSTO:TETY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

TZB0:Germany

Address

Hovslagargatan 5B, 1 tr, Stockholm, SWE, SE-111 48

Website

https://www.tethysoil.com

Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.

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