Verecloud (Verecloud) Total Current Assets : $0.27 Mil (As of Sep. 2011)

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What is Verecloud Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Verecloud's total current assets for the quarter that ended in Sep. 2011 was $0.27 Mil.

Verecloud Total Current Assets Historical Data

The historical data trend for Verecloud'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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Verecloud Total Current Assets Chart

Verecloud Annual Data

Trend

Jul08

Jul09

Jun10

Jun11

Total Current Assets

0.02

0.86

0.39

Verecloud Quarterly Data
	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Total Current Assets	Get a 7-Day Free Trial											1.44	1.16	0.62	0.39	0.27

Verecloud 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.

Verecloud's Total Current Assets for the fiscal year that ended in Jun. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.202	+	0.128	+	0	+	0.063
	=	0.39

Verecloud's Total Current Assets for the quarter that ended in Sep. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.074	+	0.123	+	0	+	0.072
	=	0.27

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.

Verecloud (OTCPK:VCLD) 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.

Verecloud's Liquidation Value for the quarter that ended in Sep. 2011 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.074	-	4.08	+	0.75 * 0.123	+	0.5 * 0
=	-3.91

Verecloud Total Current Assets Related Terms

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Verecloud (Verecloud) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Verecloud Inc (OTCPK:VCLD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6560 South Greenwood Plaza Boulevard, Suite 400, Englewood, CO, USA, 80111

Website

http://www.verecloud.com

Verecloud Inc is a United States based technology company. The company created Nimbus CSB, is a cloud service brokerage platform, which connects and integrates cloud service suppliers to small and medium-size businesses (SMBs) through multiple distribution channels.

Executives

Gary A Agron

10 percent owner

5445 DTC PARKWAY, SUITE 520, ENGLEWOOD CO 80111

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