Foresight 2 VCT (LSE:FTNI) Total Current Assets : £3.31 Mil (As of Mar. 2015)

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What is Foresight 2 VCT Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Foresight 2 VCT's total current assets for the quarter that ended in Mar. 2015 was £3.31 Mil.

Foresight 2 VCT Total Current Assets Historical Data

The historical data trend for Foresight 2 VCT'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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Foresight 2 VCT Total Current Assets Chart

Foresight 2 VCT Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Total Current Assets

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2.27

1.19

3.55

2.97

2.15

Foresight 2 VCT Semi-Annual Data
	Mar06	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15
Total Current Assets	Get a 7-Day Free Trial														5.36	2.97	2.30	2.15	3.31

Foresight 2 VCT 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.

Foresight 2 VCT's Total Current Assets for the fiscal year that ended in Sep. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.69	+	1.459	+	0	+	0
	=	2.15

Foresight 2 VCT's Total Current Assets for the quarter that ended in Mar. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.583	+	0.727	+	0	+	0
	=	3.31

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.

Foresight 2 VCT (LSE:FTNI) 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.

Foresight 2 VCT's Liquidation Value for the quarter that ended in Mar. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.583	-	0.561	+	0.75 * 0	+	0.5 * 0
=	2.02

Foresight 2 VCT Total Current Assets Related Terms

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Foresight 2 VCT (LSE:FTNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight 2 VCT PLC (LSE:FTNI) » Definitions » Total Current Assets

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Traded in Other Exchanges

N/A

Address

The Shard 32, 32 London Bridge Street, London, Kent, GBR, SE1 9SG

Website

http://www.foresightgroup.eu

Foresight 2 VCT PLC is a venture capital company. The Company's investment objective is to provide private investors with attractive returns by investing in range of securities including ordinary and preference shares, loan stock as well as cash. Foresight Group is the manager of the Company and provides investment management and other administrative services.

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