Imperial Petroleum (Imperial Petroleum) Total Current Assets : $131.4 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Imperial Petroleum Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Imperial Petroleum's total current assets for the quarter that ended in Mar. 2024 was $131.4 Mil.

Imperial Petroleum Total Current Assets Historical Data

The historical data trend for Imperial Petroleum'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.

Imperial Petroleum Total Current Assets Chart

Imperial Petroleum Annual Data

Trend

Jul07

Jul08

Jul09

Jul10

Jul11

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

9.20

9.43

6.01

133.87

183.19

Imperial Petroleum Quarterly Data
	Jul11	Oct11	Jan12	Apr12	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															141.47	117.18	184.47	183.19	131.40

Imperial Petroleum 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.

Imperial Petroleum'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
	=	124.027	+	51.406	+	7.291	+	0.465
	=	183.2

Imperial Petroleum's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	66.959	+	55.534	+	7.865	+	1.044
	=	131.4

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.

Imperial Petroleum (NAS:IMPP) 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.

Imperial Petroleum's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	66.959	-	16.325	+	0.75 * 16.748	+	0.5 * 7.865
=	67.1

Imperial Petroleum Total Current Assets Related Terms

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

Imperial Petroleum (Imperial Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Imperial Petroleum Inc (NAS:IMPP) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

331 Kifissias Avenue, Erithrea, Athens, GRC, 14561

Website

https://www.imperialpetro.com

Imperial Petroleum Inc is a provider of international seaborne transportation services to oil producers, refineries, and commodities traders. It owns and operates a fleet of three medium-range product tankers that carry refined petroleum products such as gasoline, diesel, fuel oil and jet fuel, as well as edible oils and chemical.