Soundvest Split Trust (TSX:BSD.PR.A.PFD) Total Current Assets : C$1.00 Mil (As of Dec. 2018)

View and export this data going back to 2005. Start your Free Trial

What is Soundvest Split Trust Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Soundvest Split Trust's total current assets for the quarter that ended in Dec. 2018 was C$1.00 Mil.

Soundvest Split Trust Total Current Assets Historical Data

The historical data trend for Soundvest Split Trust'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.

* Premium members only.

Soundvest Split Trust Total Current Assets Chart

Soundvest Split Trust Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Current Assets

Get a 7-Day Free Trial

0.13

0.68

0.39

0.96

1.00

Soundvest Split Trust Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Total Current Assets	Get a 7-Day Free Trial															0.39	8.29	0.96	0.42	1.00

Soundvest Split Trust 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.

Soundvest Split Trust's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.805	+	0.075	+	0	+	0.122
	=	1.00

Soundvest Split Trust's Total Current Assets for the quarter that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.805	+	0.075	+	0	+	0.122
	=	1.00

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.

Soundvest Split Trust (TSX:BSD.PR.A.PFD) 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.

Soundvest Split Trust's Liquidation Value for the quarter that ended in Dec. 2018 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.805	-	15.137	+	0.75 * 0	+	0.5 * 0
=	-14.33

Soundvest Split Trust Total Current Assets Related Terms

Thank you for viewing the detailed overview of Soundvest Split Trust's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Soundvest Split Trust (TSX:BSD.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Soundvest Split Trust (TSX:BSD.PR.A.PFD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Sparks Street, 9th Floor, Ottawa, ON, CAN, K1P 5B7

Website

http://www.soundvestcapital.com

Soundvest Split Trust is a Canada based fund. It invests in a diversified portfolio consisting of common and preferred shares of Canadian issuers, income securities, bonds and debentures, income trusts, real estate investment trusts (REITs), Canadian mortgage-backed securities, and cash and cash equivalents. The fund's investment objectives are to provide unitholders with a stable stream of quarterly distributions and maximize long-term total return to unitholders. Geographically, the company operates in Canada region.

Soundvest Split Trust (TSX:BSD.PR.A.PFD) Headlines

No Headlines