Forte Energy NL (ASX:FTE) Total Current Assets: A$0.58 Mil (As of Dec. 2016)


What is Forte Energy NL Total Current Assets?

Forte Energy NL ASX:FTE Total Current Assets is A$0.58 Mil as of Dec. 2016. The stock has 6 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Forte Energy NL's total current assets for the quarter that ended in Dec. 2016 was A$0.58 Mil.

Forte Energy NL  (ASX:FTE) 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.

Forte Energy NL's Liquidation Value for the quarter that ended in Dec. 2016 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.303-0.268+0.75 * 0.211+0.5 * 0
=0.19

* 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.

Forte Energy NL Total Current Assets Related Terms

Forte Energy NL Total Current Assets Historical Data

* Premium members only.

The historical data trend for Forte Energy NL'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.

Forte Energy NL Total Current Assets Chart

Forte Energy NL Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 0.74 1.14 0.61 0.04

Forte Energy NL Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.32 0.61 0.20 0.04 0.58

Forte Energy NL 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.

Forte Energy NL's Total Current Assets for the fiscal year that ended in Jun. 2016 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.037+0.002+0+0.001
=0.04

Forte Energy NL's Total Current Assets for the quarter that ended in Dec. 2016 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.303+0.211+0+0.061
=0.58

* 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$0.58 Mil mean?
Forte Energy NL (ASX:FTE) has a Total Current Assets of A$0.58 Mil as of Dec. 2016. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Forte Energy NL and its competitors.
Is Forte Energy NL's Total Current Assets too high?
Forte Energy NL's current Total Current Assets is A$0.58 Mil.
How does Forte Energy NL's Total Current Assets compare to ZIMCF and MCCX?
Forte Energy NL's Total Current Assets of A$0.58 Mil can be compared against companies in the Software 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 Software company?
A good Total Current Assets depends on the Software 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 Forte Energy NL and its competitors. Forte Energy NL's current Total Current Assets is A$0.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Energy NL stock overvalued right now?
Forte Energy NL (ASX:FTE) has a current Total Current Assets of A$0.58 Mil. The current Total Current Assets is A$0.58 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 Forte Energy NL (ASX:FTE), the current Total Current Assets is A$0.58 Mil as of Dec. 2016. 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.

Forte Energy NL Business Description

BOS Global Holdings Ltd is an Australian software company which focuses on creating enterprise productivity solutions for the global workforce market. Its products include BOS360 Work Patterns, BOSMeet, BOSTime, and BOSAutomate. The BOS360 Work Patterns captures a digital footprint of worker's activity and presents it in a visual and powerful format that offers awareness driving efficiency and productive behavior; the BOSMeet is meeting management software; the BOSTime is automatic time an activity tracker; and the BOSAutomate is a complete document and records management suite which offers document management and electronic records management. The company serves its customer in Australia, Asia, UK, Europe and North America.