Continental Coal (ASX:CCC) Total Current Assets: A$9.31 Mil (As of Jun. 2014)


What is Continental Coal Total Current Assets?

Continental Coal ASX:CCC Total Current Assets is A$9.31 Mil as of Jun. 2014. The stock has 4 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Continental Coal's total current assets for the quarter that ended in Jun. 2014 was A$9.31 Mil.

Continental Coal  (ASX:CCC) 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.

Continental Coal's Liquidation Value for the quarter that ended in Jun. 2014 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.619-157.003+0.75 * 2.996+0.5 * 1.166
=-150.55

* 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.

Continental Coal Total Current Assets Related Terms

Continental Coal Total Current Assets Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Total Current Assets Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Total Current Assets
35.05 36.47 17.10 9.31

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Total Current Assets Get a 7-Day Free Trial 36.47 23.51 17.10 13.38 9.31

Continental Coal 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.

Continental Coal's Total Current Assets for the fiscal year that ended in Jun. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=3.619+4.056+1.166+0.471
=9.31

Continental Coal's Total Current Assets for the quarter that ended in Jun. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=3.619+4.056+1.166+0.471
=9.31

* 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 A$9.31 Mil mean?
Continental Coal (ASX:CCC) has a Total Current Assets of A$9.31 Mil as of Jun. 2014. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Continental Coal and its competitors.
Is Continental Coal's Total Current Assets too high?
Continental Coal's current Total Current Assets is A$9.31 Mil.
How does Continental Coal's Total Current Assets compare to competitors?
Continental Coal's Total Current Assets of A$9.31 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Current Assets depends on the Steel 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 Continental Coal and its competitors. Continental Coal's current Total Current Assets is A$9.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Total Current Assets of A$9.31 Mil. The current Total Current Assets is A$9.31 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 Continental Coal (ASX:CCC), the current Total Current Assets is A$9.31 Mil as of Jun. 2014. 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.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.