White Energy Co (ASX:WEC) Total Current Assets : A$6.18 Mil (As of Dec. 2023)

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What is White Energy Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. White Energy Co's total current assets for the quarter that ended in Dec. 2023 was A$6.18 Mil.

White Energy Co Total Current Assets Historical Data

The historical data trend for White Energy Co'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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White Energy Co Total Current Assets Chart

White Energy Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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18.79

25.11

5.47

2.95

2.25

White Energy Co 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															3.74	2.95	4.69	2.25	6.18

White Energy Co 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.

White Energy Co's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.772	+	1.132	+	0	+	0.343
	=	2.25

White Energy Co'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
	=	2.561	+	1.29	+	0	+	2.324
	=	6.18

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.

White Energy Co (ASX:WEC) 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.

White Energy Co'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)
=	2.561	-	54.658	+	0.75 * 1.29	+	0.5 * 0
=	-51.13

White Energy Co Total Current Assets Related Terms

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White Energy Co (ASX:WEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » White Energy Co Ltd (ASX:WEC) » Definitions » Total Current Assets

Traded in Other Exchanges

WECFF:USA XPK:Germany

Address

167 Eagle Street, Level 7, Brisbane, QLD, AUS, 4000

Website

https://www.whiteenergyco.com

White Energy Co Ltd engages in the development and exploitation of binderless coal briquetting technology. It operates through the following segments: Coal Technology in Australia; Asia, South Africa, Coal Mining in the USA, UK and Mining Exploration in Australia. The company generates maximum revenue from Coal Technology in Australia segment. The Projects of the company involve: River Energy Joint Venture, Mountainside Coal Company Inc, Buckskin Project, Peabody Project Cessnock Research and Development and South Australian Coal.