TXLZF (Tesla Exploration) Total Current Assets: $20.51 Mil (As of Mar. 2016)


What is Tesla Exploration Total Current Assets?

Tesla Exploration TXLZF -90.00% Total Current Assets is $20.51 Mil as of Mar. 2016.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tesla Exploration's total current assets for the quarter that ended in Mar. 2016 was $20.51 Mil.

Tesla Exploration  (OTCPK:TXLZF) 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.

Tesla Exploration's Liquidation Value for the quarter that ended in Mar. 2016 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.404-55.962+0.75 * 8.339+0.5 * 0
=-48.30

* 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.

Tesla Exploration Total Current Assets Related Terms

Tesla Exploration Total Current Assets Historical Data

* Premium members only.

The historical data trend for Tesla Exploration'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.

Tesla Exploration Total Current Assets Chart

Tesla Exploration Annual Data
Trend Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.46 45.53 50.93 24.96 20.47

Tesla Exploration Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 28.79 22.88 20.20 20.47 20.51

Tesla Exploration 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.

Tesla Exploration's Total Current Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.721+16.856+0+1.891
=20.47

Tesla Exploration's Total Current Assets for the quarter that ended in Mar. 2016 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.404+17.706+0+1.403
=20.51

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $20.51 Mil mean?
Tesla Exploration (TXLZF) has a Total Current Assets of $20.51 Mil as of Mar. 2016. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Tesla Exploration and its competitors.
Is Tesla Exploration's Total Current Assets too high?
Tesla Exploration's current Total Current Assets is $20.51 Mil.
How does Tesla Exploration's Total Current Assets compare to SES and DPDW?
Tesla Exploration's Total Current Assets of $20.51 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 Tesla Exploration and its competitors. Tesla Exploration's current Total Current Assets is $20.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla Exploration stock overvalued right now?
Tesla Exploration (TXLZF) has a current Total Current Assets of $20.51 Mil. The current Total Current Assets is $20.51 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 Tesla Exploration (TXLZF), the current Total Current Assets is $20.51 Mil as of Mar. 2016. 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.

Tesla Exploration Business Description

Industry EnergyOil & Gas
Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7
Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.