Energy Resources of Australia (ASX:ERA) Total Current Assets : A$338.22 Mil (As of Jun. 2023)

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What is Energy Resources of Australia Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Energy Resources of Australia's total current assets for the quarter that ended in Jun. 2023 was A$338.22 Mil.

Energy Resources of Australia Total Current Assets Historical Data

The historical data trend for Energy Resources of Australia'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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Energy Resources of Australia Total Current Assets Chart

Energy Resources of Australia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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368.06

482.61

296.54

102.78

229.28

Energy Resources of Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															296.54	209.26	102.78	338.22	229.28

Energy Resources of Australia 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.

Energy Resources of Australia'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
	=	216.951	+	4.229	+	7.315	+	0.785
	=	229.28

Energy Resources of Australia's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	326.537	+	3.255	+	7.687	+	0.74000000000001
	=	338.22

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.

Energy Resources of Australia (ASX:ERA) 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.

Energy Resources of Australia's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	326.537	-	1495.461	+	0.75 * 3.255	+	0.5 * 7.687
=	-1,162.64

Energy Resources of Australia Total Current Assets Related Terms

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Energy Resources of Australia (ASX:ERA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Energy Resources of Australia Ltd (ASX:ERA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

EGRAY:USA EGRAF:USA EJ7:Germany

Address

18-20 Cavenagh Street, GPO Box 2394, Level 3, Energy House, Darwin, NT, AUS, 0801

Website

http://www.energyres.com.au

Energy Resources of Australia Ltd (ERA) is engaged in mining, processing, and sale of uranium oxide. It operates the Ranger uranium mine. The Ranger mine's operational infrastructure lies within the 79-square kilometer Ranger Project Area, which is located eight kilometers east of Jabiru and 260 kilometers east of Darwin, in the Northern Territory of Australia.