Nordic Aqua Partners AS (OSL:NOAP) Total Current Assets : kr381.78 Mil (As of Mar. 2024)

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What is Nordic Aqua Partners AS Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nordic Aqua Partners AS's total current assets for the quarter that ended in Mar. 2024 was kr381.78 Mil.

Nordic Aqua Partners AS Total Current Assets Historical Data

The historical data trend for Nordic Aqua Partners AS'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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Nordic Aqua Partners AS Total Current Assets Chart

Nordic Aqua Partners AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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12.63

569.69

386.47

144.43

436.67

Nordic Aqua Partners AS Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial														378.77	443.45	379.65	436.67	381.78

Nordic Aqua Partners AS 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.

Nordic Aqua Partners AS'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
	=	267.359	+	43.118	+	110.843	+	15.347
	=	436.67

Nordic Aqua Partners AS's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	152.907	+	36.035	+	192.84	+	-5.6843418860808E-14
	=	381.78

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.

Nordic Aqua Partners AS (OSL:NOAP) 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.

Nordic Aqua Partners AS's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	152.907	-	456.805	+	0.75 * 0	+	0.5 * 192.84
=	-207.48

Nordic Aqua Partners AS Total Current Assets Related Terms

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Nordic Aqua Partners AS (OSL:NOAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nordic Aqua Partners AS (OSL:NOAP) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

22L:Germany

Address

Hundegade 1, Ribe, DNK, 6760

Website

https://www.nordicaquapartners.com

Nordic Aqua Partners AS operates in the seafood industry. The company focuses on delivering live and locally farmed Atlantic salmon direct to the Chinese consumer. The company's main activity is investments in breeding systems for fish and shellfish as well as installing and operating these systems.

Nordic Aqua Partners AS (OSL:NOAP) Headlines

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