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


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

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

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  (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

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

* Premium members only.

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.

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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of R$165 Mil mean?
Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) has a Total Current Assets of R$165 Mil as of Dec. 2011. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Fundo de Recuperacao Economica do Estado do Espiritonto and its competitors.
Is Fundo de Recuperacao Economica do Estado do Espiritonto's Total Current Assets too high?
Fundo de Recuperacao Economica do Estado do Espiritonto's current Total Current Assets is R$165 Mil.
How does Fundo de Recuperacao Economica do Estado do Espiritonto's Total Current Assets compare to competitors?
Fundo de Recuperacao Economica do Estado do Espiritonto's Total Current Assets of R$165 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Total Current Assets depends on the Asset Management 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 Fundo de Recuperacao Economica do Estado do Espiritonto and its competitors. Fundo de Recuperacao Economica do Estado do Espiritonto's current Total Current Assets is R$165 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo de Recuperacao Economica do Estado do Espiritonto stock overvalued right now?
Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) has a current Total Current Assets of R$165 Mil. The current Total Current Assets is R$165 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 Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11), the current Total Current Assets is R$165 Mil as of Dec. 2011. 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.

Fundo de Recuperacao Economica do Estado do Espiritonto Business Description

Address R. Alberto Oliveira Santos, 42 - Sala 1.506, Vitoria, ES, BRA, 29010901
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.