Shin Shin Natural Gas Co (TPE:9918) Total Current Assets : NT$2,840 Mil (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Shin Shin Natural Gas Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shin Shin Natural Gas Co's total current assets for the quarter that ended in Mar. 2024 was NT$2,840 Mil.

Shin Shin Natural Gas Co Total Current Assets Historical Data

The historical data trend for Shin Shin Natural 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.

* Premium members only.

Shin Shin Natural Gas Co Total Current Assets Chart

Shin Shin Natural Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

2,365.51

2,360.09

2,491.97

2,307.01

2,755.56

Shin Shin Natural Gas Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															2,482.90	2,714.11	2,556.61	2,755.56	2,839.51

Shin Shin Natural 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.

Shin Shin Natural 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
	=	2490.767	+	213.777	+	42.313	+	8.7060000000001
	=	2,756

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2548.262	+	260.451	+	28.566	+	2.2330000000002
	=	2,840

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.

Shin Shin Natural Gas Co (TPE:9918) 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.

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

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2548.262	-	2764.173	+	0.75 * 244.951	+	0.5 * 28.566
=	-18

Shin Shin Natural Gas Co Total Current Assets Related Terms

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

Shin Shin Natural Gas Co (TPE:9918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shin Shin Natural Gas Co Ltd (TPE:9918) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN

Website

https://www.shinshingas.com.tw

Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.

Shin Shin Natural Gas Co (TPE:9918) Headlines

No Headlines