Affinity Beverage Group (Affinity Beverage Group) Total Current Assets : $0.00 Mil (As of Sep. 2006)

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What is Affinity Beverage Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Affinity Beverage Group's total current assets for the quarter that ended in Sep. 2006 was $0.00 Mil.

Affinity Beverage Group Total Current Assets Historical Data

The historical data trend for Affinity Beverage Group'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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Affinity Beverage Group Total Current Assets Chart

Affinity Beverage Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Total Current Assets

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0.40

1.75

1.05

Affinity Beverage Group Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Total Current Assets	Get a 7-Day Free Trial															1.32	1.05	1.01	1.00	-

Affinity Beverage Group 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.

Affinity Beverage Group's Total Current Assets for the fiscal year that ended in Dec. 2005 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.013	+	0.157	+	0.089	+	0.792
	=	1.05

Affinity Beverage Group's Total Current Assets for the quarter that ended in Sep. 2006 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0
	=	0.00

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.

Affinity Beverage Group (GREY:ABVG) 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.

Affinity Beverage Group's Liquidation Value for the quarter that ended in Sep. 2006 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	1.74	+	0.75 * 0	+	0.5 * 0
=	-1.74

Affinity Beverage Group Total Current Assets Related Terms

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Affinity Beverage Group (Affinity Beverage Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Affinity Beverage Group Inc (GREY:ABVG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2360 Corporate Circle, Suite 400, Henderson, NV, USA, 89074

Website

http://www.affinitybeverage.com

Affinity Beverage Group Inc is focused on branded consumer product acquisition opportunities in the health and wellness sector. The company primarily targets lifestyle brands, companies, and exclusive brand distribution rights focusing on traditional and non-traditional, healthy beverage options. It will also seek opportunities in young brands specializing in all natural/organic foods, bio-food, supplements and personal care products for strategic partnerships, distribution agreements, and potential acquisition.

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