China Finance (China Finance) Total Current Assets : $29.98 Mil (As of Mar. 2007)

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What is China Finance Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. China Finance's total current assets for the quarter that ended in Mar. 2007 was $29.98 Mil.

China Finance Total Current Assets Historical Data

The historical data trend for China Finance'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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China Finance Total Current Assets Chart

China Finance Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Total Current Assets

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0.02

15.53

12.83

16.58

China Finance Quarterly Data
	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07
Total Current Assets	Get a 7-Day Free Trial															6.48	15.34	7.45	16.58	29.98

China Finance 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.

China Finance's Total Current Assets for the fiscal year that ended in Dec. 2006 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	16.134	+	0.396	+	0	+	0.052999999999997
	=	16.58

China Finance's Total Current Assets for the quarter that ended in Mar. 2007 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	29.964	+	0	+	0	+	0.016000000000002
	=	29.98

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.

China Finance (OTCPK:CHFI) 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.

China Finance's Liquidation Value for the quarter that ended in Mar. 2007 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	29.964	-	0.092	+	0.75 * 0	+	0.5 * 0
=	29.87

China Finance Total Current Assets Related Terms

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China Finance (China Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » China Finance Inc (OTCPK:CHFI) » Definitions » Total Current Assets

Comparable Companies

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Address

Shennan Road, 22 nd Floor, Tower 1, China Phoenix Building, Shenzhen, CHN

Website

China Finance Inc through its subsidiary provides financial support and services, mainly in the form of surety guarantees or short-term loans to privately owned small and medium sized enterprises in China.

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