SPRN (Supernova Energy) Total Current Assets: $0.00 Mil (As of Sep. 2015)


What is Supernova Energy Total Current Assets?

Supernova Energy SPRN Total Current Assets is $0.00 Mil as of Sep. 2015.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Supernova Energy's total current assets for the quarter that ended in Sep. 2015 was $0.00 Mil.

Supernova Energy  (OTCPK:SPRN) 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.

Supernova Energy's Liquidation Value for the quarter that ended in Sep. 2015 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.002-0.886+0.75 * 0+0.5 * 0
=-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.

Supernova Energy Total Current Assets Related Terms

Supernova Energy Total Current Assets Historical Data

* Premium members only.

The historical data trend for Supernova Energy'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.

Supernova Energy Total Current Assets Chart

Supernova Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Total Current Assets
0.00 0.09 0.00 0.01 0.00

Supernova Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.00 0.00 0.02 0.02 0.00

Supernova Energy 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.

Supernova Energy's Total Current Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0.001+0+0.001
=0.00

Supernova Energy's Total Current Assets for the quarter that ended in Sep. 2015 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.002+0.001+0+0.001
=0.00

* 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 $0.00 Mil mean?
Supernova Energy (SPRN) has a Total Current Assets of $0.00 Mil as of Sep. 2015. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Supernova Energy and its competitors.
Is Supernova Energy's Total Current Assets too high?
Supernova Energy's current Total Current Assets is $0.00 Mil.
How does Supernova Energy's Total Current Assets compare to HDYNQ and OOIL?
Supernova Energy's Total Current Assets of $0.00 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 Supernova Energy and its competitors. Supernova Energy's current Total Current Assets is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supernova Energy stock overvalued right now?
Supernova Energy (SPRN) has a current Total Current Assets of $0.00 Mil. The current Total Current Assets is $0.00 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 Supernova Energy (SPRN), the current Total Current Assets is $0.00 Mil as of Sep. 2015. 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.

Supernova Energy Business Description

Industry EnergyOil & Gas
Address 265 Sunrise Highway, Suite 1-276, Rockville Centre, NY, USA, 11570
Supernova Energy Inc is a United States-based oil and gas exploration and production company. The company provides wellbore completion and re-completion services for small, independent operators with existing oil and gas production. Its consulting services include completion, recompletion, workover, well engineering services, project management, and turnkey solutions.