AMXX (Maxx Sports TV) Total Current Assets: $5.18 Mil (As of Jun. 2003)


What is Maxx Sports TV Total Current Assets?

Maxx Sports TV AMXX -99.50% Total Current Assets is $5.18 Mil as of Jun. 2003.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Maxx Sports TV's total current assets for the quarter that ended in Jun. 2003 was $5.18 Mil.

Maxx Sports TV  (OTCPK:AMXX) 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.

Maxx Sports TV's Liquidation Value for the quarter that ended in Jun. 2003 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.223-2.273+0.75 * 1.483+0.5 * 1.985
=1.05

* 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.

Maxx Sports TV Total Current Assets Related Terms

Maxx Sports TV Total Current Assets Historical Data

* Premium members only.

The historical data trend for Maxx Sports TV'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.

Maxx Sports TV Total Current Assets Chart

Maxx Sports TV Annual Data
Trend Mar93 Mar94 Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 3.76 4.22 4.75 4.11

Maxx Sports TV Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03
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 4.51 4.22 4.40 4.35 5.18

Maxx Sports TV 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.

Maxx Sports TV's Total Current Assets for the fiscal year that ended in Mar. 2002 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.377+0.775+1.408+0.551
=4.11

Maxx Sports TV's Total Current Assets for the quarter that ended in Jun. 2003 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.223+1.633+1.985+0.34
=5.18

* 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 $5.18 Mil mean?
Maxx Sports TV (AMXX) has a Total Current Assets of $5.18 Mil as of Jun. 2003. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Maxx Sports TV and its competitors.
Is Maxx Sports TV's Total Current Assets too high?
Maxx Sports TV's current Total Current Assets is $5.18 Mil.
How does Maxx Sports TV's Total Current Assets compare to BOXS and VEND?
Maxx Sports TV's Total Current Assets of $5.18 Mil can be compared against companies in the Media - Diversified 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 a Media - Diversified company?
A good Total Current Assets depends on the Media - Diversified 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 Maxx Sports TV and its competitors. Maxx Sports TV's current Total Current Assets is $5.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxx Sports TV stock overvalued right now?
Maxx Sports TV (AMXX) has a current Total Current Assets of $5.18 Mil. The current Total Current Assets is $5.18 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 Maxx Sports TV (AMXX), the current Total Current Assets is $5.18 Mil as of Jun. 2003. 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.

Maxx Sports TV Business Description

Address 3500 Elgin Street, Houston, TX, USA, 77004
Maxx Sports TV Inc is a technology development and content creation company. It has created automated broadcast hardware and software that have been used by amateur, semi-professional, and professional sports teams and leagues to produce and stream multi-camera television-quality content.