PTRC (Petro River Oil) Total Current Assets: $0.88 Mil (As of Oct. 2019)


PTRC Petro River Oil Corp PTRC
12 GF Score
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What is Petro River Oil Total Current Assets?

Petro River Oil PTRC -95.00% 12 Total Current Assets is $0.88 Mil as of Oct. 2019. GuruFocus rates PTRC with a GF Score™ of 12/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Petro River Oil's total current assets for the quarter that ended in Oct. 2019 was $0.88 Mil.

Petro River Oil  (OTCPK:PTRC) 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.

Petro River Oil's Liquidation Value for the quarter that ended in Oct. 2019 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.754-2.731+0.75 * 0.094+0.5 * 0
=-1.91

* 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.

Petro River Oil Total Current Assets Related Terms

Petro River Oil Total Current Assets Historical Data

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The historical data trend for Petro River Oil'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.

Petro River Oil Total Current Assets Chart

Petro River Oil Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 9.55 29.48 0.36 1.61

Petro River Oil Quarterly Data
Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19
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 0.39 2.32 1.61 1.22 0.88
PTRC
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Petro River Oil Corp PTRC
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Petro River Oil 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.

Petro River Oil's Total Current Assets for the fiscal year that ended in Apr. 2019 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.215+0.129+0+0.261
=1.61

Petro River Oil's Total Current Assets for the quarter that ended in Oct. 2019 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.754+0.094+0+0.03
=0.88

* 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 $0.88 Mil mean?
Petro River Oil (PTRC) has a Total Current Assets of $0.88 Mil as of Oct. 2019. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Petro River Oil and its competitors.
Is Petro River Oil's Total Current Assets too high?
Petro River Oil's current Total Current Assets is $0.88 Mil. Overall, Petro River Oil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Petro River Oil's Total Current Assets compare to LRDC and COIL?
Petro River Oil's Total Current Assets of $0.88 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 Petro River Oil and its competitors. Petro River Oil's current Total Current Assets is $0.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petro River Oil stock overvalued right now?
Petro River Oil (PTRC) has a current Total Current Assets of $0.88 Mil. The current Total Current Assets is $0.88 Mil. Petro River Oil's overall GF Score™ is 12/100. 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 Petro River Oil (PTRC), the current Total Current Assets is $0.88 Mil as of Oct. 2019. 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.

Petro River Oil Business Description

Industry EnergyOil & Gas
Address 55 5th Avenue, Suite 1702, New York, NY, USA, 10003
Petro River Oil Corp is an independent energy company focused on the exploration and development of conventional oil and gas assets. It has diversification across multiple projects, each with low initial capital expenditures and strong risk-reward characteristics. The company's strategy is to identify, acquire and develop conventional oil and gas assets. The company's activities are focused on the North American and European continents.
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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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