China Zhong Qi Holdings (China Zhong Qi Holdings) Total Current Assets : $0.02 Mil (As of Jun. 2017)

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What is China Zhong Qi Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. China Zhong Qi Holdings's total current assets for the quarter that ended in Jun. 2017 was $0.02 Mil.

China Zhong Qi Holdings Total Current Assets Historical Data

The historical data trend for China Zhong Qi Holdings'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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China Zhong Qi Holdings Total Current Assets Chart

China Zhong Qi Holdings Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Current Assets

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0.18

0.13

0.11

0.15

0.80

China Zhong Qi Holdings Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Total Current Assets	Get a 7-Day Free Trial															0.06	0.07	0.80	0.02	0.02

China Zhong Qi Holdings 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.

China Zhong Qi Holdings's Total Current Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.15	+	0.502	+	0	+	0.145
	=	0.80

China Zhong Qi Holdings's Total Current Assets for the quarter that ended in Jun. 2017 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.007	+	0.015	+	0	+	0
	=	0.02

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.

China Zhong Qi Holdings (OTCPK:CHZQ) 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.

China Zhong Qi Holdings's Liquidation Value for the quarter that ended in Jun. 2017 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.007	-	0.011	+	0.75 * 0	+	0.5 * 0
=	-0.00

China Zhong Qi Holdings Total Current Assets Related Terms

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China Zhong Qi Holdings (China Zhong Qi Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Zhong Qi Holdings Ltd (OTCPK:CHZQ) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

1602 , Phase A, Science and Technology Innovation Plaza, Tian’an Science and Technology Park, Futian District, Shenzhen, CHN

Website

https://www.shanxiindustrial.com

China Zhong Qi Holdings Ltd is engaged in mining of fluorite. The company is also engaged in equity investment and financial services sector.

Executives

Jerome R Mahoney	director, 10 percent owner, officer: President and CEO	C/O VOICE INC, 750 HIGHWAY 34, MATAWAN NJ 07747
Mark Meller	director, 10 percent owner, officer: President and CEO	C/O TREY RESOURCES, INC., 293 EISENHOWER PARKWAY, SUITE 250, LIVINGSTON NJ 07039

China Zhong Qi Holdings (China Zhong Qi Holdings) Headlines

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