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Tourmaline Oil (TSX:TOU) Total Current Assets : C$1,136 Mil (As of Mar. 2025)


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What is Tourmaline Oil Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tourmaline Oil's total current assets for the quarter that ended in Mar. 2025 was C$1,136 Mil.


Tourmaline Oil Total Current Assets Historical Data

The historical data trend for Tourmaline Oil'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.

Tourmaline Oil Total Current Assets Chart

Tourmaline Oil Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 629.47 689.72 2,245.06 1,295.41 1,352.76

Tourmaline Oil Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,151.94 1,093.82 1,163.71 1,352.76 1,136.36

Tourmaline Oil 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.

Tourmaline Oil's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Tourmaline Oil's Total Current Assets for the quarter that ended in Mar. 2025 is calculated as

* 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.


Tourmaline Oil  (TSX:TOU) 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.

Tourmaline Oil's Liquidation Value for the quarter that ended in Mar. 2025 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-6914.986+0.75 * 784.196+0.5 * 0
=-6,327

* 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.


Tourmaline Oil Total Current Assets Related Terms

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Tourmaline Oil Business Description

Traded in Other Exchanges
Address
250 - 6th Avenue SW, Suite 2900, Calgary, AB, CAN, T2P 3H7
Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. The company's project includes operations in Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.
Executives
Mike Rose Senior Officer
Travis Toews Director
Jill Terilee Angevine Director
William Scott Kirker Senior Officer
Christopher Lee Director
Janet Weiss Director
Sherra Aspin Senior Officer
Brian Robinson Senior Officer
Drew E. Tumbach Senior Officer
Lucille Miller Director
Earl Henry Mckinnon Senior Officer
Lee Allan Baker Director
John William Elick Director
Ron Wigham Director
Colin Joel Frostad Senior Officer

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