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Golden Energy Offshore Services ASA (OSL:GEOS) Total Current Assets : kr144.0 Mil (As of Dec. 2023)


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What is Golden Energy Offshore Services ASA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Golden Energy Offshore Services ASA's total current assets for the quarter that ended in Dec. 2023 was kr144.0 Mil.


Golden Energy Offshore Services ASA Total Current Assets Historical Data

The historical data trend for Golden Energy Offshore Services ASA'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.

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Golden Energy Offshore Services ASA Total Current Assets Chart

Golden Energy Offshore Services ASA 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 41.00 54.73 70.64 37.35 143.97

Golden Energy Offshore Services ASA Quarterly Data
Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 37.35 40.26 49.57 133.93 143.97

Golden Energy Offshore Services ASA 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.

Golden Energy Offshore Services ASA's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Golden Energy Offshore Services ASA'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.


Golden Energy Offshore Services ASA  (OSL:GEOS) 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.

Golden Energy Offshore Services ASA'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)
=37.592-1029.388+0.75 * 59.612+0.5 * 13.599
=-940.3

* 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.


Golden Energy Offshore Services ASA Total Current Assets Related Terms

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Golden Energy Offshore Services ASA (OSL:GEOS) Business Description

Traded in Other Exchanges
Address
St Olavs Plass 1, Alesund, NOR, 6002
Golden Energy Offshore Services AS is a shipowner and operator of modern and high-spec offshore service vessels for the oil and gas service industry. The company's fleet includes Energy Empress, Larissa, and many more. Geographically, it derives a majority of its revenue from Europe.