US Residential Fund (ASX:USR) Total Current Assets: A$11.94 Mil (As of Dec. 2018)


What is US Residential Fund Total Current Assets?

US Residential Fund ASX:USR Total Current Assets is A$11.94 Mil as of Dec. 2018.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. US Residential Fund's total current assets for the quarter that ended in Dec. 2018 was A$11.94 Mil.

US Residential Fund  (ASX:USR) 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.

US Residential Fund's Liquidation Value for the quarter that ended in Dec. 2018 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=11.016-0.673+0.75 * 0.079+0.5 * 0
=10.40

* 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.

US Residential Fund Total Current Assets Related Terms

US Residential Fund Total Current Assets Historical Data

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The historical data trend for US Residential Fund'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.

US Residential Fund Total Current Assets Chart

US Residential Fund Annual Data
Trend Dec15 Dec16 Dec18
Total Current Assets
1.56 18.40 11.94

US Residential Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Total Current Assets Get a 7-Day Free Trial 18.40 15.69 2.94 14.27 11.94

US Residential Fund 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.

US Residential Fund's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=11.016+0.079+0+0.847
=11.94

US Residential Fund's Total Current Assets for the quarter that ended in Dec. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=11.016+0.079+0+0.847
=11.94

* 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$11.94 Mil mean?
US Residential Fund (ASX:USR) has a Total Current Assets of A$11.94 Mil as of Dec. 2018. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for US Residential Fund and its competitors.
Is US Residential Fund's Total Current Assets too high?
US Residential Fund's current Total Current Assets is A$11.94 Mil.
How does US Residential Fund's Total Current Assets compare to RVEN and SACH?
US Residential Fund's Total Current Assets of A$11.94 Mil can be compared against companies in the REITs 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 REITs company?
A good Total Current Assets depends on the REITs 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 US Residential Fund and its competitors. US Residential Fund's current Total Current Assets is A$11.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Residential Fund stock overvalued right now?
US Residential Fund (ASX:USR) has a current Total Current Assets of A$11.94 Mil. The current Total Current Assets is A$11.94 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 US Residential Fund (ASX:USR), the current Total Current Assets is A$11.94 Mil as of Dec. 2018. 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.

US Residential Fund Business Description

Industry Real EstateREITs
Address 201 Sussex Street, Level 20, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
US Residential Fund is a real estate investment trust. The group operates in the United States residential property market. The investment objectives of the fund are expanding and diversifying in the United States residential market through direct and indirect property investments, utilizing both debt and equity instruments to facilitate the transactions.