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American Education Center (American Education Center) Total Current Assets : $0.78 Mil (As of Jun. 2021)


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What is American Education Center Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. American Education Center's total current assets for the quarter that ended in Jun. 2021 was $0.78 Mil.

American Education Center Total Current Assets Historical Data

The historical data trend for American Education Center'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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American Education Center Total Current Assets Chart

American Education Center Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Current Assets
Get a 7-Day Free Trial 5.24 9.51 6.11 4.16 1.27

American Education Center Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 2.88 1.60 1.27 1.22 0.78

American Education Center 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 Education Center's Total Current Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.912+0.142+0+0.212
=1.27

American Education Center's Total Current Assets for the quarter that ended in Jun. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.542+0.073+0+0.168
=0.78

* 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.

American Education Center  (OTCPK:AMCT) 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 Education Center's Liquidation Value for the quarter that ended in Jun. 2021 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.542-4.206+0.75 * 0.073+0.5 * 0
=-3.61

* 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 Education Center Total Current Assets Related Terms

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American Education Center (American Education Center) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » American Education Center Inc (OTCPK:AMCT) » Definitions » Total Current Assets
Comparable Companies
MSYN HKSE:08341 BOM:541735 QPRC AMMJ WAR:TLT WAR:DGA HKSE:08455 WSCO WAR:ERH
Traded in Other Exchanges
N/A
Address
1 Rockefeller Plaza, 10th Floor, New York, NY, USA, 10020
Website
https://www.aec100.com
American Education Center Inc is a United States-based company engaged in the providing of consulting services. Its Consulting services include Placement Advisory Services, Career Advisory Services, Student & Family Advisory Services, and Other Advisory Services. The company operates in two segments namely AEC New York segment and AEC BVI segment. The majority of the revenue is generated from the AEC New York segment which capitalizes middle-class families in China for quality education and works experiences in the United States( US) and delivers customized high school and college placement and career advisory services to Chinese students wishing to study in the US.