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Prairie Provident Resources (TSX:PPR) Total Current Assets : C$20.19 Mil (As of Sep. 2024)


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What is Prairie Provident Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Prairie Provident Resources's total current assets for the quarter that ended in Sep. 2024 was C$20.19 Mil.

Prairie Provident Resources Total Current Assets Historical Data

The historical data trend for Prairie Provident Resources'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.

Prairie Provident Resources Total Current Assets Chart

Prairie Provident Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.71 20.81 19.60 25.59 66.39

Prairie Provident Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 18.61 66.39 13.29 13.44 20.19

Prairie Provident Resources 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.

Prairie Provident Resources'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
=1.835+6.593+0+57.958
=66.39

Prairie Provident Resources's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=8.634+3.56+0+7.992
=20.19

* 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.

Prairie Provident Resources  (TSX:PPR) 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.

Prairie Provident Resources's Liquidation Value for the quarter that ended in Sep. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8.634-154.128+0.75 * 3.56+0.5 * 0
=-142.82

* 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.

Prairie Provident Resources Total Current Assets Related Terms

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Prairie Provident Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prairie Provident Resources Inc (TSX:PPR) » Definitions » Total Current Assets
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Traded in Other Exchanges
PRPRF:USA 09N:Germany 09N:Germany
Address
1100, 640 - 5th Avenue SW, Calgary, AB, CAN, T2P 3G4
Website
https://www.ppr.ca
Prairie Provident Resources Inc is an independent oil and natural gas exploration, development, and production company generating revenue from Oil and natural gas. The company's operations are primarily focused on the Princess and Michichi areas in Southern Alberta targeting the Ellerslie, Lithic Glauconite and Banff formations, along with an established and proven waterflood project at its Evi property located in the Peace River Arch area of Northern Alberta.
Executives
Glenn A. Hamilton Director
Kathy Turgeon Director
David Stobbe Senior Officer
Matthew Shyba Director
Remi Anthony Berthelet Director, Senior Officer
Mimi Lai Director, Senior Officer
Patrick Mcdonald Director
Derek Petrie Director
Gjoa Taylor Senior Officer
Anthony Robert Van Winkoop Senior Officer
William Roach Director
Timothy S. Granger Director, Senior Officer
Brad Likuski Senior Officer

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