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Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) Total Current Assets : R$165 Mil (As of Dec. 2011)


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What is Fundo de Recuperacao Economica do Estado do Espiritonto Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fundo de Recuperacao Economica do Estado do Espiritonto's total current assets for the quarter that ended in Dec. 2011 was R$165 Mil.

Fundo de Recuperacao Economica do Estado do Espiritonto Total Current Assets Historical Data

The historical data trend for Fundo de Recuperacao Economica do Estado do Espiritonto'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.

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Fundo de Recuperacao Economica do Estado do Espiritonto Total Current Assets Chart

Fundo de Recuperacao Economica do Estado do Espiritonto Annual Data
Trend Dec09 Dec10 Dec11
Total Current Assets
148.90 153.96 164.72

Fundo de Recuperacao Economica do Estado do Espiritonto Semi-Annual Data
Dec09 Dec10 Dec11
Total Current Assets 148.90 153.96 164.72

Fundo de Recuperacao Economica do Estado do Espiritonto 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.

Fundo de Recuperacao Economica do Estado do Espiritonto's Total Current Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=126.675+38.04+0+0
=165

Fundo de Recuperacao Economica do Estado do Espiritonto's Total Current Assets for the quarter that ended in Dec. 2011 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=126.675+38.04+0+0
=165

* 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.

Fundo de Recuperacao Economica do Estado do Espiritonto  (BSP:FRES11) 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.

Fundo de Recuperacao Economica do Estado do Espiritonto's Liquidation Value for the quarter that ended in Dec. 2011 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=126.675-0.259+0.75 * 0+0.5 * 0
=126

* 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.

Fundo de Recuperacao Economica do Estado do Espiritonto Total Current Assets Related Terms

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Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fundo de Recuperacao Economica do Estado do Espirito Santo (BSP:FRES11) » Definitions » Total Current Assets
Comparable Companies
HAM:KMLK BOM:531568 TSXV:XBT.P BOM:531515 BOM:532164 BOM:530469 WAR:WIS WAR:VCP TSXV:DDD.P TSXV:JHC.H BOM:531067 BOM:538351 TSXV:SCH.P TSXV:BROC.P TSXV:RBZ.P TSXV:EH.P TSXV:MGX.P TSXV:NIS.P TSXV:BAQ.P BOM:511169
Traded in Other Exchanges
N/A
Address
R. Alberto Oliveira Santos, 42 - Sala 1.506, Vitoria, ES, BRA, 29010901
Website
http://www.geres.gov.br
Fundo de Recuperacao Economica do Estado do Espirito Santo is an open-end pension fund that collect GST and income tax based on taxable income.

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