GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » First Ship Lease Trust (OTCPK:FSLUF) » Definitions » Total Current Assets

First Ship Lease Trust (First Ship Lease Trust) Total Current Assets : $33.74 Mil (As of Dec. 2023)


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

What is First Ship Lease Trust Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. First Ship Lease Trust's total current assets for the quarter that ended in Dec. 2023 was $33.74 Mil.


First Ship Lease Trust Total Current Assets Historical Data

The historical data trend for First Ship Lease Trust'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.

First Ship Lease Trust Total Current Assets Chart

First Ship Lease Trust 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 94.49 25.73 17.50 31.55 33.74

First Ship Lease Trust Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 36.51 25.62 31.55 32.75 33.74

First Ship Lease Trust 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.

First Ship Lease Trust's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

First Ship Lease Trust's Total Current Assets for the quarter that ended in Dec. 2023 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.


First Ship Lease Trust  (OTCPK:FSLUF) 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.

First Ship Lease Trust's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=32.174-10.922+0.75 * 0.343+0.5 * 0
=21.51

* 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.


First Ship Lease Trust Total Current Assets Related Terms

Thank you for viewing the detailed overview of First Ship Lease Trust's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


First Ship Lease Trust (First Ship Lease Trust) Business Description

Traded in Other Exchanges
Address
7 Temasek Boulevard, No.12-10 Suntec Tower One, Singapore, SGP, 038987
First Ship Lease Trust or FSL is a Singapore-based firm engaged in the shipping business. The Group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. Bareboat Charter's lease income relates to lease income derived from operating leases which accounts for the majority of its revenues through its operations in Europe and Asia. Geographically, it operates in Asia, Europe, and North America, the majority is from North America.

First Ship Lease Trust (First Ship Lease Trust) Headlines

From GuruFocus

Q4 2023 First Ship Lease Trust Earnings Call Transcript

By GuruFocus Research 03-05-2024

Q2 2023 First Ship Lease Trust Earnings Call Transcript

By GuruFocus Research 03-05-2024