Devin Energy (TSXV:DVC.H) Total Current Assets : C$0.01 Mil (As of Sep. 2019)

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What is Devin Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Devin Energy's total current assets for the quarter that ended in Sep. 2019 was C$0.01 Mil.

Devin Energy Total Current Assets Historical Data

The historical data trend for Devin 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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Devin Energy Total Current Assets Chart

Devin Energy Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Current Assets

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0.16

0.12

0.09

0.06

0.04

Devin Energy Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Total Current Assets	Get a 7-Day Free Trial															0.04	0.04	0.04	0.03	0.01

Devin 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.

Devin Energy's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.036	+	0	+	0	+	0
	=	0.04

Devin Energy's Total Current Assets for the quarter that ended in Sep. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.01	+	0	+	0	+	0
	=	0.01

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.

Devin Energy (TSXV:DVC.H) 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.

Devin Energy's Liquidation Value for the quarter that ended in Sep. 2019 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.01	-	0.632	+	0.75 * 0	+	0.5 * 0
=	-0.62

Devin Energy Total Current Assets Related Terms

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Devin Energy (TSXV:DVC.H) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Devin Energy Corp (TSXV:DVC.H) » Definitions » Total Current Assets

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Address

201 South Christy, Sumner, IL, USA, 62466

Website

http://www.devonenergy.com

Devin Energy Corp is a Canada based company focused on the acquisition, exploration, and development of oil and gas properties located in the United States. The company has an interest in the Siggins Oil Mining Project-1 located in Cumberland County, Illinois, USA.

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