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Symantec Corp (NAS:SYMC)
Total Current Assets
\$6,469 Mil (As of Sep. 2016)

Total current assets includes Cash and Cash Equivalents, Accounts Receivable, Inventory, and Other Current Assets. Symantec Corp's total current assets for the quarter that ended in Sep. 2016 was \$6,469 Mil.

Definition

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

Symantec Corp's Total Current Assets for the fiscal year that ended in Mar. 2016 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 6025 + 556 + 0 + 378 = 6,959

Symantec Corp's Total Current Assets for the quarter that ended in Sep. 2016 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 5619 + 459 + 0 + 391 = 6,469

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Symantec Corp's Liquidation Value for the quarter that ended in Sep. 2016 is

 Liquidation value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 5619 - 13002 + 0.75 * 459 + 0.5 * 0 = -7,039

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Symantec Corp Annual Data

 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Total Current Assets 4,071 3,730 3,297 4,351 4,486 4,633 6,416 5,652 5,422 6,959

Symantec Corp Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Total Current Assets 5,288 5,038 5,255 5,422 5,022 4,664 7,173 6,959 6,799 6,469
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