Blue Water Ventures International (Blue Water Ventures International) Total Current Assets : $1.46 Mil (As of Mar. 2012)

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What is Blue Water Ventures International Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Blue Water Ventures International's total current assets for the quarter that ended in Mar. 2012 was $1.46 Mil.

Blue Water Ventures International Total Current Assets Historical Data

The historical data trend for Blue Water Ventures International'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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Blue Water Ventures International Total Current Assets Chart

Blue Water Ventures International Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Total Current Assets

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1.08

0.94

1.01

1.26

Blue Water Ventures International Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Total Current Assets	Get a 7-Day Free Trial															1.04	1.12	1.08	1.26	1.46

Blue Water Ventures International 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.

Blue Water Ventures International'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
	=	0.866	+	0.339	+	0.004	+	0.055
	=	1.26

Blue Water Ventures International's Total Current Assets for the quarter that ended in Mar. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.99	+	0.387	+	0.003	+	0.077
	=	1.46

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.

Blue Water Ventures International (OTCPK:BWVI) 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.

Blue Water Ventures International's Liquidation Value for the quarter that ended in Mar. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.99	-	1.516	+	0.75 * 0.387	+	0.5 * 0.003
=	-0.23

Blue Water Ventures International Total Current Assets Related Terms

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Blue Water Ventures International (Blue Water Ventures International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Blue Water Ventures International Inc (OTCPK:BWVI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 E. Las Olas Boulevard, Suite 120, Fort Lauderdale, FL, USA, 33301

Website

https://www.bwvint.com

Blue Water Ventures International Inc, through its subsidiary, is engaged in the archaeologically sensitive exploration, discovery and recovery of historical cultural artifacts, intrinsically valuable cargo and treasure from ocean shipwrecks. The company designs treasure and nautical-themed jewelry and re-creations with the part of treasure and artifacts that it has recovered in it. It also leases its crew and vessels to other entities involved in discovery and recovery from ocean shipwrecks. The firm markets its treasure and artifacts through auction houses, websites, retail and distribution outlets, and directly to the public.