Linc Energy (ASX:LNC) Total Current Assets : A$24.34 Mil (As of Dec. 2015)

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What is Linc Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Linc Energy's total current assets for the quarter that ended in Dec. 2015 was A$24.34 Mil.

Linc Energy Total Current Assets Historical Data

The historical data trend for Linc Energy'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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Linc Energy Total Current Assets Chart

Linc Energy Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Total Current Assets

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338.78

46.17

178.43

81.55

69.94

Linc Energy Quarterly Data
	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Total Current Assets	Get a 7-Day Free Trial															246.93	164.82	69.94	70.01	24.34

Linc Energy 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.

Linc Energy's Total Current Assets for the fiscal year that ended in Jun. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	52.164	+	0	+	3.585	+	14.186
	=	69.94

Linc Energy's Total Current Assets for the quarter that ended in Dec. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	11.109	+	0	+	4.113	+	9.12
	=	24.34

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.

Linc Energy (ASX:LNC) 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.

Linc Energy's Liquidation Value for the quarter that ended in Dec. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.109	-	855.343	+	0.75 * 0	+	0.5 * 4.113
=	-842.18

Linc Energy Total Current Assets Related Terms

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Linc Energy (ASX:LNC) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linc Energy Ltd. (ASX:LNC) » Definitions » Total Current Assets

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Address

32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000

Website

http://www.lincenergy.com

Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.