Mogul Energy International (Mogul Energy International) Total Current Assets : $0.87 Mil (As of Jun. 2012)

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What is Mogul Energy International Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mogul Energy International's total current assets for the quarter that ended in Jun. 2012 was $0.87 Mil.

Mogul Energy International Total Current Assets Historical Data

The historical data trend for Mogul Energy International'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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Mogul Energy International Total Current Assets Chart

Mogul Energy International Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Total Current Assets

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0.72

1.48

0.70

0.34

0.86

Mogul Energy International Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12
Total Current Assets	Get a 7-Day Free Trial															0.41	0.78	0.86	0.54	0.87

Mogul Energy International 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.

Mogul Energy International's Total Current Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.044	+	0.053	+	0	+	0.762
	=	0.86

Mogul Energy International's Total Current Assets for the quarter that ended in Jun. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.019	+	0.782	+	0	+	0.072
	=	0.87

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.

Mogul Energy International (OTCPK:MGUY) 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.

Mogul Energy International's Liquidation Value for the quarter that ended in Jun. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.019	-	2.356	+	0.75 * 0	+	0.5 * 0
=	-2.34

Mogul Energy International Total Current Assets Related Terms

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Mogul Energy International (Mogul Energy International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mogul Energy International Inc (OTCPK:MGUY) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

3400 NW 74th Avenue, Miami, FL, USA, 33122

Website

https://www.mogulenergy.com

Mogul Energy International Inc through its subsidiary is engaged in providing refrigerated trucking and logistics services to companies in floral, plant, food, and other industries that require specialization in time-sensitive, temperature control segments of the supply chain.

Mogul Energy International (Mogul Energy International) Headlines

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