POGS (Pioneer Oil & Gas) Total Current Assets: $7.08 Mil (As of Jun. 2005)


What is Pioneer Oil & Gas Total Current Assets?

Pioneer Oil & Gas POGS Total Current Assets is $7.08 Mil as of Jun. 2005.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Pioneer Oil & Gas's total current assets for the quarter that ended in Jun. 2005 was $7.08 Mil.

Pioneer Oil & Gas  (OTCPK:POGS) 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.

Pioneer Oil & Gas's Liquidation Value for the quarter that ended in Jun. 2005 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.11-2.583+0.75 * 0.213+0.5 * 0
=1.69

* 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.

Pioneer Oil & Gas Total Current Assets Related Terms

Pioneer Oil & Gas Total Current Assets Historical Data

* Premium members only.

The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas Total Current Assets Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
Total Current Assets
0.47 0.51 0.74 0.74 1.85

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.10 1.85 2.23 3.78 7.08

Pioneer Oil & Gas 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.

Pioneer Oil & Gas's Total Current Assets for the fiscal year that ended in Sep. 2004 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.491+0.301+0+1.053
=1.85

Pioneer Oil & Gas's Total Current Assets for the quarter that ended in Jun. 2005 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.11+0.213+0+2.754
=7.08

* 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.

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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $7.08 Mil mean?
Pioneer Oil & Gas (POGS) has a Total Current Assets of $7.08 Mil as of Jun. 2005. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Pioneer Oil & Gas and its competitors.
Is Pioneer Oil & Gas' Total Current Assets too high?
Pioneer Oil & Gas' current Total Current Assets is $7.08 Mil.
How does Pioneer Oil & Gas' Total Current Assets compare to ECT and TRNX?
Pioneer Oil & Gas' Total Current Assets of $7.08 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for an Oil & Gas company?
A good Total Current Assets depends on the Oil & Gas industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Pioneer Oil & Gas and its competitors. Pioneer Oil & Gas's current Total Current Assets is $7.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Oil & Gas stock overvalued right now?
Pioneer Oil & Gas (POGS) has a current Total Current Assets of $7.08 Mil. The current Total Current Assets is $7.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Pioneer Oil & Gas (POGS), the current Total Current Assets is $7.08 Mil as of Jun. 2005. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pioneer Oil & Gas Business Description

Industry EnergyOil & Gas
Address 1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The majority of the company's revenue is derived from royalty income.