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Vestin Realty Mortgage II (Vestin Realty Mortgage II) Total Current Assets : $6.10 Mil (As of Sep. 2016)


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What is Vestin Realty Mortgage II Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vestin Realty Mortgage II's total current assets for the quarter that ended in Sep. 2016 was $6.10 Mil.


Vestin Realty Mortgage II Total Current Assets Historical Data

The historical data trend for Vestin Realty Mortgage II'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.

Vestin Realty Mortgage II Total Current Assets Chart

Vestin Realty Mortgage II Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.94 11.05 15.50 8.30 4.86

Vestin Realty Mortgage II Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.72 4.86 6.80 8.86 6.10

Vestin Realty Mortgage II 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.

Vestin Realty Mortgage II's Total Current Assets for the fiscal year that ended in Dec. 2015 is calculated as

Vestin Realty Mortgage II's Total Current Assets for the quarter that ended in Sep. 2016 is calculated as

* 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.

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.


Vestin Realty Mortgage II  (OTCPK:VRTB) 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.

Vestin Realty Mortgage II's Liquidation Value for the quarter that ended in Sep. 2016 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.618-8.954+0.75 * 0+0.5 * 0
=-3.34

* 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.


Vestin Realty Mortgage II Total Current Assets Related Terms

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Vestin Realty Mortgage II (Vestin Realty Mortgage II) Business Description

Traded in Other Exchanges
N/A
Address
9130 W. Post Road, Suite 130, Las Vegas, NV, USA, 89148
Vestin Realty Mortgage II Inc is active in the financial services domain. The company invests in loans secured by real estate through deeds of trust or mortgages. It also invests in, acquires, manages and sells the real property and acquires entities involved in the ownership or management of the real property. Vestin functions through two segments; Investments in Real Estate Loans, and Investments in equity securities of publicly traded companies.