Hertz Energy (FRA:A34) Total Current Assets : €0.21 Mil (As of Jan. 2025)

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What is Hertz Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hertz Energy's total current assets for the quarter that ended in Jan. 2025 was €0.21 Mil.

Hertz Energy Total Current Assets Historical Data

The historical data trend for Hertz 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.

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Hertz Energy Total Current Assets Chart

Hertz Energy Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Total Current Assets

0.10

0.46

0.94

Hertz Energy Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Current Assets	Get a 7-Day Free Trial										-	1.26	0.94	0.80	0.21

Hertz 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.

Hertz Energy's Total Current Assets for the fiscal year that ended in Jul. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.844	+	0.069	+	0	+	0.029
	=	0.94

Hertz Energy's Total Current Assets for the quarter that ended in Jan. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.073	+	0.116	+	0	+	0.02
	=	0.21

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.

Hertz Energy (FRA:A34) 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.

Hertz Energy's Liquidation Value for the quarter that ended in Jan. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.073	-	0.795	+	0.75 * 0	+	0.5 * 0
=	-0.72

Hertz Energy Total Current Assets Related Terms

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Hertz Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hertz Energy Inc (FRA:A34) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HZLIF:USA A34:Germany HZ:Canada

Address

1500-1055 West Georgia Street, Royal Centre, Vancouver, BC, CAN, V6E4N7

Website

https://www.hertz-energy.com

Hertz Energy Inc is engaged in the exploration and development of mineral resources, currently focusing on projects in Arizona, USA. The company's sole mineral property is the Lucky Mica Project located in the Maricopa County of Arizona, USA and and the Patriota Lithium Project, located along the Eastern Brazilian Pegmatite Province, in Brazil and Snake Lithium Project and both located in James Bay, Quebec.

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