CBTC (XTRA Bitcoin) Total Current Assets: $0.09 Mil (As of Dec. 2011)


What is XTRA Bitcoin Total Current Assets?

XTRA Bitcoin CBTC +13.75% Total Current Assets is $0.09 Mil as of Dec. 2011.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. XTRA Bitcoin's total current assets for the quarter that ended in Dec. 2011 was $0.09 Mil.

XTRA Bitcoin  (OTCPK:CBTC) 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.

XTRA Bitcoin'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)
=0-0.383+0.75 * 0.057+0.5 * 0
=-0.34

* 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.

XTRA Bitcoin Total Current Assets Related Terms

XTRA Bitcoin Total Current Assets Historical Data

* Premium members only.

The historical data trend for XTRA Bitcoin'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.

XTRA Bitcoin Total Current Assets Chart

XTRA Bitcoin Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Current Assets
Get a 7-Day Free Trial 2.08 0.00 0.00 0.06 0.09

XTRA Bitcoin Quarterly Data
Dec06 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.09 0.09

XTRA Bitcoin 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.

XTRA Bitcoin'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+0.057+0+0.034
=0.09

XTRA Bitcoin'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
=0+0.057+0+0.034
=0.09

* 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 $0.09 Mil mean?
XTRA Bitcoin (CBTC) has a Total Current Assets of $0.09 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 XTRA Bitcoin and its competitors.
Is XTRA Bitcoin's Total Current Assets too high?
XTRA Bitcoin's current Total Current Assets is $0.09 Mil.
How does XTRA Bitcoin's Total Current Assets compare to RGNP and CTHR?
XTRA Bitcoin's Total Current Assets of $0.09 Mil can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good Total Current Assets depends on the Capital Markets 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 XTRA Bitcoin and its competitors. XTRA Bitcoin's current Total Current Assets is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTRA Bitcoin stock overvalued right now?
XTRA Bitcoin (CBTC) has a current Total Current Assets of $0.09 Mil. The current Total Current Assets is $0.09 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 XTRA Bitcoin (CBTC), the current Total Current Assets is $0.09 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.

XTRA Bitcoin Business Description

Address 912 Bobwhite Street, Fruitland, ID, USA, 83619
XTRA Bitcoin Inc is a United States-based company engaged in the business of Bitcoin mining.