Diversified Energy Co (LSE:DEC) Total Current Assets : £240.6 Mil (As of Dec. 2023)

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What is Diversified Energy Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Diversified Energy Co's total current assets for the quarter that ended in Dec. 2023 was £240.6 Mil.

Diversified Energy Co Total Current Assets Historical Data

The historical data trend for Diversified 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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Diversified Energy Co Total Current Assets Chart

Diversified Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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122.36

70.29

253.53

290.82

240.63

Diversified Energy Co Semi-Annual Data
	Dec13	Dec14	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														253.53	500.63	290.82	268.26	240.63

Diversified 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.

Diversified Energy Co'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
	=	2.965	+	150.264	+	6.185	+	81.218
	=	240.6

Diversified 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
	=	2.965	+	150.264	+	6.185	+	81.218
	=	240.6

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.

Diversified Energy Co (LSE:DEC) 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.

Diversified 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)
=	2.965	-	2271.733	+	0.75 * 150.264	+	0.5 * 6.185
=	-2,153.0

Diversified Energy Co Total Current Assets Related Terms

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Diversified Energy Co (LSE:DEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diversified Energy Co PLC (LSE:DEC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

DEC:USA DECl:UK DG20:Germany DG20:Germany

Address

1600 Corporate Drive, Birmingham, AL, USA, 35242

Website

https://www.div.energy

Diversified Energy Co PLC is an independent owner and operator of producing natural gas and oil wells concentrated in the Appalachian Basin. The company acquires and manages gas and oil properties and certain associated midstream assets. Its operations are located throughout the neighboring states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana.