Natural Gas Distribution Co (SAU:9516) Total Current Assets : ﷼34.10 Mil (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Natural Gas Distribution Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Natural Gas Distribution Co's total current assets for the quarter that ended in Jun. 2024 was ﷼34.10 Mil.

Natural Gas Distribution Co Total Current Assets Historical Data

The historical data trend for Natural Gas Distribution Co'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.

* Premium members only.

Natural Gas Distribution Co Total Current Assets Chart

Natural Gas Distribution Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

17.10

19.31

22.71

28.97

Natural Gas Distribution Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial			23.61	22.71	33.02	28.97	34.10

Natural Gas Distribution Co 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.

Natural Gas Distribution Co'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
	=	14.683	+	0	+	0	+	14.288
	=	28.97

Natural Gas Distribution Co's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	15.404	+	16.475	+	0.275	+	1.943
	=	34.10

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.

Natural Gas Distribution Co (SAU:9516) 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.

Natural Gas Distribution Co's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	15.404	-	33.786	+	0.75 * 12.428	+	0.5 * 0.275
=	-8.92

Natural Gas Distribution Co Total Current Assets Related Terms

Thank you for viewing the detailed overview of Natural Gas Distribution Co's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Natural Gas Distribution Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Natural Gas Distribution Co (SAU:9516) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Kharj Road, P.O. 000512, Second Industrial City, Riyadh, SAU, 11382

Website

http://www.ngdc.com.sa

Natural Gas Distribution Co owns and maintains natural gas networks. The company.s activity is the distribution of gaseous fuels through pipes and gas pipelines, their maintenance and repair, the wholesale sale of gaseous fuels, and the transportation of natural gas through pipelines. Its core business is to supply the factories located in the second industrial city of Riyadh. The company is supplied with natural gas from Saudi Aramco through the main pipeline. Its services include the operation and maintenance of natural gas networks.

Natural Gas Distribution Co Headlines

No Headlines