SOCGM.PFD (Southern California Gas Co) Total Current Assets : $1,956.00 Mil (As of Jun. 2024)

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What is Southern California Gas Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Southern California Gas Co's total current assets for the quarter that ended in Jun. 2024 was $1,956.00 Mil.

Southern California Gas Co Total Current Assets Historical Data

The historical data trend for Southern California Gas 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.

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Southern California Gas Co Total Current Assets Chart

Southern California Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,218.00

1,482.00

1,599.00

2,129.00

2,642.00

Southern California Gas Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial															1,338.00	1,391.00	2,642.00	2,517.00	1,956.00

Southern California Gas 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.

Southern California Gas 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
	=	2	+	1109	+	277	+	1254
	=	2,642.00

Southern California Gas 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
	=	10	+	655	+	260	+	1031
	=	1,956.00

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.

Southern California Gas Co (OTCPK:SOCGM.PFD) 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.

Southern California Gas 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)
=	10	-	16833	+	0.75 * 583	+	0.5 * 260
=	-16,255.75

Southern California Gas Co Total Current Assets Related Terms

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Southern California Gas Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Southern California Gas Co (OTCPK:SOCGM.PFD) » Definitions » Total Current Assets

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Traded in Other Exchanges

SOCGP.PFD:USA

Address

555 West Fifth Street, Los Angeles, CA, USA, 90013

Website

http://www.socalgas.com

Southern California Gas Co is a utility service company. The company is engaged in natural gas distribution, refining and other processes.

Executives

Kevin C. Sagara	director	488 8TH AVENUE, SAN DIEGO CA 92101
Jeffrey W Martin	director	101 ASH STREET, SAN DIEGO CA 92101
Trevor I Mihalik	director	101 ASH STREET, SAN DIEGO CA 92101
Patricia K Wagner	director, officer: Chief Executive Officer	1720 NORTH FIRST STREET, SAN JOSE CA 95020
G Joyce Rowland	director	101 ASH STREET, SAN DIEGO CA 92101
Knight Jessie J Jr	director	4329 FOX BROOK LANE, CHARLOTTE NC 28211
Martha B Wyrsch	director
Dennis V Arriola	officer: President and COO	162 CANCO ROAD, PORTLAND ME 04103
Steven D Davis	director
Joseph A Householder	director	101 ASH STREET HQ18, SAN DIEGO CA 92101
Mark A Snell	director	488 8TH AVENUE, SAN DIEGO CA 92101
Javade Chaudhri	director	C/O SEMPRA ENERGY, 101 ASH STREET, SAN DIEGO CA 92101
Michael R Niggli	officer: Chief Operating Officer	101 ASH STREET HQ18, SAN DIEGO CA 92101
Anne S Smith	officer: Senior V.P.	77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177

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