Working Asset

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Working Asset

A highly liquid, current asset. Working assets are taken in and distributed over relatively brief periods of time. Examples of working assets include cash, works in process and inventory. A working asset is also called a floating asset or a circulating asset.
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The Philippine Coast Guard (PCG) on Tuesday said that two ships and six floating assets have been deployed to patrol the beaches of Boracay during the island's six-month closure starting April 26.
They will incorporate medical teams on board their floating assets and deploy Special Operations Group (SOG) divers and anti-terrorism teams.
Rodriguez said one couple have just chartered the 777 for their anniversary, along with "one of our floating assets." A yacht?
"In 2017, expenditure is forecast to total nearly $81bn for the world's global offshore platform population of approximately 8700 fixed and floating assets.
The MoU will further strengthen the position of N-KOM which is a joint-venture between Qatar Gas Transport Company (Nakilat) and Keppel Offshore and Marine in the areas of LNG-fuelled vessel conversions and construction of related floating assets. N-KOM will capitalize on DNV GL's deep competence and long-standing experience in LNG working with shipyards shipowners and other key stakeholders on a global basis to develop synergies related to the promotion of LNG as fuel within the maritime and offshore industry.
The MoU will further build up the position of N-Kom, which is a joint venture between Qatar Gas Transport Company (Nakilat) and Keppel Offshore and Marine, in the areas of LNG-fuelled vessel conversions and construction of related floating assets.
87% of the assets were floating assets (40bln AMD).
It was reported that meanwhile, BYD saw its net profit decrease 85 percent, while the discrepancy between its floating liabilities, at 31.02 billion yuan ($4.89b), and floating assets, at 19.84 billion yuan ($3.13b), continues to remain significantly large.
The President was saddened to know that the Navy has only 31 floating assets in its inventory and all are World War II vintage.
Industry analysts say that in the liner trade there are several ways to keep floating assets on an even keel.
Since in most transactions, the percent of fixed and floating assets may vary over time, Standard & Poor's stresses cash flows assuming the minimum and maximum amount of fixed and floating assets.
'This is part of the phase-in/phase-out of Philippine Navy floating assets. In preparation for our more capable and modern platforms, we also have to decommission older platforms,' Philippine Fleet commander Rear Adm.