TTNN (Titan NRG) Total Current Assets: $14.69 Mil (As of Dec. 2011)

What is Titan NRG Total Current Assets?

Titan NRG TTNN -0.76% Total Current Assets is $14.69 Mil as of Dec. 2011.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Titan NRG's total current assets for the quarter that ended in Dec. 2011 was $14.69 Mil.

Titan NRG (OTCPK:TTNN) 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.

Titan NRG's Liquidation Value for the quarter that ended in Dec. 2011 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.467	-	10.881	+	0.75 * 11.334	+	0.5 * 2.278
=	-0.77

* 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.

Titan NRG Total Current Assets Related Terms

Titan NRG Total Current Assets Historical Data

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The historical data trend for Titan NRG's Total Current Assets can be seen below:

Titan NRG Total Current Assets Chart

Titan NRG Annual Data

Trend

Sep07

Sep08

Sep09

Mar10

Mar11

Total Current Assets

1.11

0.90

0.18

3.53

9.76

Titan NRG Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Total Current Assets	Get a 7-Day Free Trial															8.91	9.76	14.28	13.32	14.69

Titan NRG 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.

Titan NRG's Total Current Assets for the fiscal year that ended in Mar. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.242	+	7.565	+	0.716	+	0.238
	=	9.76

Titan NRG's Total Current Assets for the quarter that ended in Dec. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.467	+	11.334	+	2.278	+	0.614
	=	14.69

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 $14.69 Mil mean?

Titan NRG (TTNN) has a Total Current Assets of $14.69 Mil as of Dec. 2011. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Titan NRG and its competitors.

Is Titan NRG's Total Current Assets too high?

Titan NRG's current Total Current Assets is $14.69 Mil.

How does Titan NRG's Total Current Assets compare to SSOL and ABCE?

Titan NRG's Total Current Assets of $14.69 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 Titan NRG and its competitors. Titan NRG's current Total Current Assets is $14.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Titan NRG stock overvalued right now?

Titan NRG (TTNN) has a current Total Current Assets of $14.69 Mil. The current Total Current Assets is $14.69 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 Titan NRG (TTNN), the current Total Current Assets is $14.69 Mil as of Dec. 2011. 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.

Titan NRG Business Description

Industry Energy Oil & Gas

Comparable Companies NSE:XLENERGY BOM:533109 SSOL BOM:517403 WAR:RSP ABCE BOM:541228 BSRC WAR:01C BOM:511447 NSE:SMSOLEX NSE:ZODIACSMN WAR:NVV TSXV:ACU BOM:533298 WAR:SNX HYSR TSXV:UGE MIL:GGP OHEL:VALOE

Address 4255 North Sullinger Avenue, Tucson, AZ, USA, 85705

Website https://www.titannrg.com

Titan NRG operates as a downstream energy and transportation company through its subsidiaries. The products of the company include Propane, Butane, Asphalt, Emulsion, and Specialty Chemicals.