Petrochina Company Limited Stock Current Asset

PC6 Stock  EUR 0.73  0.01  1.39%   
PetroChina Company Limited fundamentals help investors to digest information that contributes to PetroChina Company's financial success or failures. It also enables traders to predict the movement of PetroChina Stock. The fundamental analysis module provides a way to measure PetroChina Company's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PetroChina Company stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

PetroChina Company Limited Company Current Asset Analysis

PetroChina Company's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

Current Asset

 = 

Cash

+

Deposits

+

Liquid Assets

More About Current Asset | All Equity Analysis

Current PetroChina Company Current Asset

    
  349.34 B  
Most of PetroChina Company's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PetroChina Company Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition
In accordance with the recently published financial statements, PetroChina Company Limited has a Current Asset of 349.34 B. This is much higher than that of the sector and significantly higher than that of the Current Asset industry. The current asset for all Germany stocks is significantly lower than that of the firm.

Did you try this?

Run Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Module

PetroChina Fundamentals

About PetroChina Company Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PetroChina Company Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PetroChina Company using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PetroChina Company Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in PetroChina Stock

PetroChina Company financial ratios help investors to determine whether PetroChina Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PetroChina with respect to the benefits of owning PetroChina Company security.