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Forest City Realty Trust Inc (NYSE:FCE.A)
Total Current Assets
$1,017 Mil (As of Sep. 2015)

Total current assets includes Cash and Cash Equivalents, Accounts Receivable, Inventory, and Other Current Assets. Forest City Realty Trust Inc's total current assets for the quarter that ended in Sep. 2015 was $1,017 Mil.


Definition

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Forest City Realty Trust Inc's Total Current Assets for the fiscal year that ended in Dec. 2014 is calculated as

Forest City Realty Trust Inc's Total Current Assets for the quarter that ended in Sep. 2015 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.


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.

Forest City Realty Trust Inc's Liquidation Value for the quarter that ended in Sep. 2015 is

Liquidation value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=331.449-6982.795+0.75 * 444.136+0.5 * 0
=-6,318

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Cash and Cash Equivalents, Accounts Receivable, Inventory, Other Current Assets


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Forest City Realty Trust Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Dec14
Total Current Assets 0009229861,0681,3171,1661,1701,012

Forest City Realty Trust Inc Quarterly Data

Apr13Jul13Oct13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
Total Current Assets 1,1281,2471,0731,0471,2048661,0128781,0261,017
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