BANI (Banneker) Total Current Assets : $4.35 Mil (As of Dec. 2000)

View and export this data going back to 1998. Start your Free Trial

What is Banneker Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Banneker's total current assets for the quarter that ended in Dec. 2000 was $4.35 Mil.

Banneker Total Current Assets Historical Data

The historical data trend for Banneker'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.

* Premium members only.

Banneker Total Current Assets Chart

Banneker Annual Data

Trend

Mar98

Total Current Assets

10.50

Banneker Quarterly Data
	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00
Total Current Assets	Get a 7-Day Free Trial									7.89	6.95	5.48	4.85	4.35

Banneker 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.

Banneker's Total Current Assets for the fiscal year that ended in Mar. 2098 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.4	+	3.9	+	2	+	0.2
	=	10.50

Banneker's Total Current Assets for the quarter that ended in Dec. 2000 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.395	+	1.533	+	0.381	+	0.042
	=	4.35

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.

Banneker (OTCPK:BANI) 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.

Banneker's Liquidation Value for the quarter that ended in Dec. 2000 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.395	-	2.782	+	0.75 * 0	+	0.5 * 0.381
=	-0.20

Banneker Total Current Assets Related Terms

Thank you for viewing the detailed overview of Banneker's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Banneker Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Banneker Inc (OTCPK:BANI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1660 South Albion Street, Suite 318, Denver, CO, USA, 80222

Website

https://www.bannekerstore.com

Banneker Inc is designing and manufacturing different types of clocks and watches. The company is engaged in watch making and wholesale jewelry company founded on the basis of fashion, elegance, and watch design can all converge together to create a work of art.

Banneker Headlines

No Headlines