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Neptune Technologies & Bioressources Inc (NAS:NEPT)
Total Current Assets
$63.26 Mil (As of Aug. 2014)

Total current assets includes Cash and Cash Equivalents, Accounts Receivable, Inventory, and Other Current Assets. Neptune Technologies & Bioressources Inc's total current assets for the quarter that ended in Aug. 2014 was $63.26 Mil.


Definition

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

Neptune Technologies & Bioressources Inc's Total Current Assets for the fiscal year that ended in Feb. 2014 is calculated as

Total Current Assets=Cash and Cash Equivalents+Accounts Receivable+Inventory+Other Current Assets
=26.595859586+4.43834383438+12.2385238524+13.7137713771
=56.99

Neptune Technologies & Bioressources Inc's Total Current Assets for the quarter that ended in Aug. 2014 is calculated as

Total Current Assets=Cash and Cash Equivalents+Accounts Receivable+Inventory+Other Current Assets
=40.2942779292+5.8782924614+16.5286103542+0.554950045413
=63.26

* 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.

Neptune Technologies & Bioressources Inc's Liquidation Value for the quarter that ended in Aug. 2014 is

Liquidation value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=40.2942779292-45.7347865577+0.75 * 5.8782924614+0.5 * 16.5286103542
=7.23

* 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.

Neptune Technologies & Bioressources Inc Annual Data

May04May05May06May07May08Feb10Feb11Feb12Feb13Feb14
Total Current Assets 1.461.833.608.218.968.6015.6633.7849.3256.99

Neptune Technologies & Bioressources Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Total Current Assets 32.2431.5057.4849.3246.1342.5131.8456.9974.9063.26
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