Velesto Energy Bhd (XKLS:5243) Total Current Assets : RM676 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Velesto Energy Bhd Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Velesto Energy Bhd's total current assets for the quarter that ended in Dec. 2023 was RM676 Mil.

Velesto Energy Bhd Total Current Assets Historical Data

The historical data trend for Velesto Energy Bhd'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.

Velesto Energy Bhd Total Current Assets Chart

Velesto Energy Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

839.55

721.60

701.71

672.03

676.30

Velesto Energy Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															672.03	742.98	749.48	695.92	676.30

Velesto Energy Bhd 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.

Velesto Energy Bhd'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
	=	126.449	+	336.242	+	178.709	+	34.899
	=	676

Velesto Energy Bhd's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	126.449	+	336.242	+	178.709	+	34.899
	=	676

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.

Velesto Energy Bhd (XKLS:5243) 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.

Velesto Energy Bhd'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)
=	126.449	-	632.237	+	0.75 * 95.203	+	0.5 * 178.709
=	-345

Velesto Energy Bhd Total Current Assets Related Terms

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

Velesto Energy Bhd (XKLS:5243) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velesto Energy Bhd (XKLS:5243) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Stesen Sentral 5, Level 18, Block 3A, Plaza Sentral, Kuala Lumpur, MYS, 50470

Website

https://www.velesto.com

Velesto Energy Bhd is a Malaysia-based company that provides services to the oil and gas industry. It is engaged in the provision of drilling services for exploration, development, and production wells and workover services to the upstream sector of the oil and gas industry. It is also engaged in the provision of threading, inspection, and repair services for Oil Country Tubular Goods in Malaysia and overseas. The company has four operating segments namely drilling services; Integrated services; oilfield services; and others. The company has a geographical presence in Malaysia, Indonesia, and Singapore.

Velesto Energy Bhd (XKLS:5243) Headlines

No Headlines