Drug Free Solution (Drug Free Solution) Total Current Assets : $0.01 Mil (As of Feb. 2014)

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What is Drug Free Solution Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Drug Free Solution's total current assets for the quarter that ended in Feb. 2014 was $0.01 Mil.

Drug Free Solution Total Current Assets Historical Data

The historical data trend for Drug Free Solution's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Drug Free Solution Total Current Assets Chart

Drug Free Solution Annual Data

Trend

May12

May13

Total Current Assets

0.02

0.01

Drug Free Solution Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14
Total Current Assets	Get a 7-Day Free Trial						0.03	0.01	-	-	0.01

Drug Free Solution Total Current Assets Calculation

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

Drug Free Solution's Total Current Assets for the fiscal year that ended in May. 2013 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.008	+	0	+	0	+	0
	=	0.01

Drug Free Solution's Total Current Assets for the quarter that ended in Feb. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.007	+	0	+	0	+	0
	=	0.01

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.

Drug Free Solution (OTCPK:DSOL) Total Current Assets 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.

Drug Free Solution's Liquidation Value for the quarter that ended in Feb. 2014 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.007	-	0.391	+	0.75 * 0	+	0.5 * 0
=	-0.38

Drug Free Solution Total Current Assets Related Terms

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Drug Free Solution (Drug Free Solution) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Drug Free Solution Inc (OTCPK:DSOL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

47 West Division Street, No. 113, Chicago, IL, USA, 60610

Website

https://www.getyourfeelzon.com

Drug Free Solution Inc is a United States based proprietary services, education, and holding company of the Living Breath Series and Protocols. It is engaged in delivering proprietary emotional wellness technology such as Living Breath Process. The company's signature product, the Daily Feelz, is a three-step process that combines self-analysis, breath, and proprietary language sequences. The Get Your Feelz On offers consumers, through a proprietary digital platform. These products primarily serve the Mental Health and Emotional Wellness markets along with their sub-markets which include Fitness and Mind-Body; Preventative and Personalized Medicine and Public Health; as well as Workplace Wellness.

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