AACS (American Commerce Solutions) Total Current Assets: $2.31 Mil (As of Feb. 2016)


What is American Commerce Solutions Total Current Assets?

American Commerce Solutions AACS -99.00% Total Current Assets is $2.31 Mil as of Feb. 2016.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. American Commerce Solutions's total current assets for the quarter that ended in Feb. 2016 was $2.31 Mil.

American Commerce Solutions  (OTCPK:AACS) 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.

American Commerce Solutions's Liquidation Value for the quarter that ended in Feb. 2016 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.036-3.278+0.75 * 0.165+0.5 * 0.191
=-3.02

* 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.

American Commerce Solutions Total Current Assets Related Terms

American Commerce Solutions Total Current Assets Historical Data

* Premium members only.

The historical data trend for American Commerce Solutions'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.

American Commerce Solutions Total Current Assets Chart

American Commerce Solutions Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 2.22 2.20 2.27 2.31

American Commerce Solutions Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
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 2.27 2.31 2.29 2.27 2.31

American Commerce Solutions 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.

American Commerce Solutions's Total Current Assets for the fiscal year that ended in Feb. 2016 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.036+2.076+0.191+0.01
=2.31

American Commerce Solutions's Total Current Assets for the quarter that ended in Feb. 2016 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.036+2.076+0.191+0.01
=2.31

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $2.31 Mil mean?
American Commerce Solutions (AACS) has a Total Current Assets of $2.31 Mil as of Feb. 2016. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for American Commerce Solutions and its competitors.
Is American Commerce Solutions' Total Current Assets too high?
American Commerce Solutions' current Total Current Assets is $2.31 Mil.
How does American Commerce Solutions' Total Current Assets compare to TGTMF and EVTN?
American Commerce Solutions' Total Current Assets of $2.31 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for an Industrial Products company?
A good Total Current Assets depends on the Industrial Products industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for American Commerce Solutions and its competitors. American Commerce Solutions's current Total Current Assets is $2.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Commerce Solutions stock overvalued right now?
American Commerce Solutions (AACS) has a current Total Current Assets of $2.31 Mil. The current Total Current Assets is $2.31 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For American Commerce Solutions (AACS), the current Total Current Assets is $2.31 Mil as of Feb. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Commerce Solutions Business Description

Address 1502 North Taylor Road, Brandon, FL, USA, 33510
American Commerce Solutions Inc is a multi-industry holding company with a wholly owned subsidiary. The company is engaged in the machining and fabrication of parts used in heavy industry, and parts sales and service for heavy construction equipment.