Jade Art Group (Jade Art Group) Total Current Assets : $22.44 Mil (As of Sep. 2010)

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What is Jade Art Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Jade Art Group's total current assets for the quarter that ended in Sep. 2010 was $22.44 Mil.

Jade Art Group Total Current Assets Historical Data

The historical data trend for Jade Art Group'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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Jade Art Group Total Current Assets Chart

Jade Art Group Annual Data

Trend

Jul06

Jul07

Dec08

Dec09

Total Current Assets

0.03

1.57

7.65

Jade Art Group Quarterly Data
	Oct06	Jan07	Apr07	Jul07	Oct07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Total Current Assets	Get a 7-Day Free Trial											12.74	7.65	11.76	12.36	22.44

Jade Art Group 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.

Jade Art Group's Total Current Assets for the fiscal year that ended in Dec. 2009 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.147	+	7.502	+	0	+	0
	=	7.65

Jade Art Group's Total Current Assets for the quarter that ended in Sep. 2010 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	16.271	+	5.914	+	0	+	0.254
	=	22.44

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.

Jade Art Group (OTCPK:JADA) 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.

Jade Art Group's Liquidation Value for the quarter that ended in Sep. 2010 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	16.271	-	1.937	+	0.75 * 0	+	0.5 * 0
=	14.33

Jade Art Group Total Current Assets Related Terms

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Jade Art Group (Jade Art Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jade Art Group Inc (OTCPK:JADA) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

1028 Highland Lakes Trace, Birmingham, AL, USA, 35242

Website

http://jadagrp.com

Jade Art Group Inc is a development stage company.

Executives

Hui Ping Cheng

director, officer: President

C/O MY QUOTE ZONE, 6130 ELTON AVENUE, LAS VEGAS NV 89107

Jade Art Group (Jade Art Group) Headlines

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