AEDC (American Energy Development) Total Current Assets: $0.02 Mil (As of Sep. 2013)


What is American Energy Development Total Current Assets?

American Energy Development AEDC -99.95% Total Current Assets is $0.02 Mil as of Sep. 2013.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. American Energy Development's total current assets for the quarter that ended in Sep. 2013 was $0.02 Mil.

American Energy Development  (OTCPK:AEDC) 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 Energy Development's Liquidation Value for the quarter that ended in Sep. 2013 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.009-0.254+0.75 * 0.015+0.5 * 0
=-0.23

* 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 Energy Development Total Current Assets Related Terms

American Energy Development Total Current Assets Historical Data

* Premium members only.

The historical data trend for American Energy Development'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 Energy Development Total Current Assets Chart

American Energy Development Annual Data
Trend Jun11 Jun12 Jun13
Total Current Assets
0.21 0.09 0.02

American Energy Development Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.04 0.02 0.02

American Energy Development 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 Energy Development's Total Current Assets for the fiscal year that ended in Jun. 2013 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.01+0.013+0+0
=0.02

American Energy Development's Total Current Assets for the quarter that ended in Sep. 2013 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.009+0.015+0+-0.001
=0.02

* 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.

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 $0.02 Mil mean?
American Energy Development (AEDC) has a Total Current Assets of $0.02 Mil as of Sep. 2013. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for American Energy Development and its competitors.
Is American Energy Development's Total Current Assets too high?
American Energy Development's current Total Current Assets is $0.02 Mil.
How does American Energy Development's Total Current Assets compare to BRZV and CWLXF?
American Energy Development's Total Current Assets of $0.02 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Total Current Assets depends on the Oil & Gas 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 Energy Development and its competitors. American Energy Development's current Total Current Assets is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Energy Development stock overvalued right now?
American Energy Development (AEDC) has a current Total Current Assets of $0.02 Mil. The current Total Current Assets is $0.02 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 Energy Development (AEDC), the current Total Current Assets is $0.02 Mil as of Sep. 2013. 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 Energy Development Business Description

Industry EnergyOil & Gas
Address 1230 Avenue of the Americas, 7th Floor, New York, NY, USA, 10020
American Energy Development Corp is an independent USA energy company. It intends to locate, drill, and produce oil and gas in the USA and secure regions. The company is focused on the development of Niagaran oil reefs in Michigan and the underexplored onshore basins in the UK.