CBMDF (CBM Asia Development) Total Current Assets: $1.58 Mil (As of Sep. 2013)

What is CBM Asia Development Total Current Assets?

CBM Asia Development CBMDF -90.00% Total Current Assets is $1.58 Mil as of Sep. 2013.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. CBM Asia Development's total current assets for the quarter that ended in Sep. 2013 was $1.58 Mil.

CBM Asia Development (OTCPK:CBMDF) 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.

CBM Asia Development's Liquidation Value for the quarter that ended in Sep. 2013 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.336	-	2.025	+	0.75 * 0.16	+	0.5 * 0
=	-1.57

* 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.

CBM Asia Development Total Current Assets Related Terms

CBM Asia Development Total Current Assets Historical Data

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The historical data trend for CBM Asia Development's Total Current Assets can be seen below:

CBM Asia Development Total Current Assets Chart

CBM Asia Development Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Total Current Assets

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3.13

3.90

1.62

1.88

3.34

CBM Asia Development Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Total Current Assets	Get a 7-Day Free Trial															6.74	3.34	2.17	1.44	1.58

CBM Asia Development 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.

CBM Asia Development's Total Current Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.894	+	0.03	+	0	+	1.412
	=	3.34

CBM Asia Development's Total Current Assets for the quarter that ended in Sep. 2013 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.336	+	0.16	+	0	+	1.087
	=	1.58

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 $1.58 Mil mean?

CBM Asia Development (CBMDF) has a Total Current Assets of $1.58 Mil as of Sep. 2013. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for CBM Asia Development and its competitors.

Is CBM Asia Development's Total Current Assets too high?

CBM Asia Development's current Total Current Assets is $1.58 Mil.

How does CBM Asia Development's Total Current Assets compare to IFNY and EXNT?

CBM Asia Development's Total Current Assets of $1.58 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good Total Current Assets depends on the Oil & Gas 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 CBM Asia Development and its competitors. CBM Asia Development's current Total Current Assets is $1.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CBM Asia Development stock overvalued right now?

CBM Asia Development (CBMDF) has a current Total Current Assets of $1.58 Mil. The current Total Current Assets is $1.58 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 CBM Asia Development (CBMDF), the current Total Current Assets is $1.58 Mil as of Sep. 2013. 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.

CBM Asia Development Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:RHC ASX:BNL TSXV:CDA LSE:CAB IFNY ASX:MMR XCNQ:BDR TSXV:ARH TSXV:OEC TSXV:PEI TSXV:SCD TSXV:SMB EXNT TSXV:SPK ASX:PGY ASX:DOR TSXV:MCM.A LSE:SRO ASX:JPR TSXV:KFG

Address 5626 Larch Street, Vancouver, BC, CAN, V6M 4E1

Website http://www.cbmasia.ca

CBM Asia Development Corp is engaged in the exploration and development of its interests in gas properties in Indonesia.