Western Bulk Chartering AS (Western Bulk Chartering AS) Total Current Assets : $119 Mil (As of Dec. 2023)

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What is Western Bulk Chartering AS Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Western Bulk Chartering AS's total current assets for the quarter that ended in Dec. 2023 was $119 Mil.

Western Bulk Chartering AS Total Current Assets Historical Data

The historical data trend for Western Bulk Chartering 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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Western Bulk Chartering AS Total Current Assets Chart

Western Bulk Chartering AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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116.26

77.45

194.74

161.91

119.17

Western Bulk Chartering AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial					194.74	223.83	161.91	150.16	119.17

Western Bulk Chartering 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.

Western Bulk Chartering 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
	=	40.421	+	26.154	+	52.599	+	0
	=	119

Western Bulk Chartering AS'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
	=	40.421	+	26.154	+	52.599	+	0
	=	119

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.

Western Bulk Chartering AS (OTCPK:WSSTF) 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.

Western Bulk Chartering AS'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)
=	40.421	-	67.353	+	0.75 * 24.369	+	0.5 * 52.599
=	18

Western Bulk Chartering AS Total Current Assets Related Terms

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Western Bulk Chartering AS (Western Bulk Chartering AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Western Bulk Chartering AS (OTCPK:WSSTF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

WEST:Norway 7EJ:Germany

Address

Henrik Ibsensgate 100, PO Box 2868, Solli, Oslo, NOR, 0230

Website

https://www.westernbulk.com

Western Bulk Chartering AS is a transporter of dry bulk commodities. Its commodity includes coal, minerals, steel products, cement, agriculture or grains, ferrous ores, and fertilizers, among others. It operates in dry bulk vessels in the Panamax to Handysize segment. Geographic diversification is the Far East, Europe, India, North America, Africa, South America, and the Middle East.

Western Bulk Chartering AS (Western Bulk Chartering AS) Headlines

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