Commerce Energy Group (Commerce Energy Group) Total Current Assets : $0.0 Mil (As of Apr. 2009)

View and export this data going back to 2004. Start your Free Trial

What is Commerce Energy Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Commerce Energy Group's total current assets for the quarter that ended in Apr. 2009 was $0.0 Mil.

Commerce Energy Group Total Current Assets Historical Data

The historical data trend for Commerce Energy Group'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.

* Premium members only.

Commerce Energy Group Total Current Assets Chart

Commerce Energy Group Annual Data

Trend

Jul00

Jul01

Jul02

Jul03

Jul04

Jul05

Jul06

Jul07

Jul08

Total Current Assets

Get a 7-Day Free Trial

94.82

69.29

65.00

84.92

108.44

Commerce Energy Group Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Total Current Assets	Get a 7-Day Free Trial															79.67	108.44	-	-	-

Commerce Energy Group 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.

Commerce Energy Group's Total Current Assets for the fiscal year that ended in Jul. 2008 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.042	+	82.416	+	7.717	+	13.269
	=	108.4

Commerce Energy Group's Total Current Assets for the quarter that ended in Apr. 2009 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0
	=	0.0

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.

Commerce Energy Group (OTCPK:CMNR) 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.

Commerce Energy Group's Liquidation Value for the quarter that ended in Apr. 2009 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0	+	0.75 * 0	+	0.5 * 0
=	0.0

Commerce Energy Group Total Current Assets Related Terms

Thank you for viewing the detailed overview of Commerce Energy Group's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Commerce Energy Group (Commerce Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Commerce Energy Group Inc (OTCPK:CMNR) » Definitions » Total Current Assets

Comparable Companies

BLSP LOKCF PWCO PRHL CWPWF UTL JE SUUIF OTTR CZZ ELP MGEE AVA NWE CIG BKH HRASF ACLLF AES EMRAF

Traded in Other Exchanges

N/A

Address

600 Anton Boulevard, Suite 2000, Costa Mesa, CA, USA, 92626

Website

http://www.commerceenergy.com

Commerce Energy Group Inc provides electricity and natural gas supply to residential and commercial customers across North America.

Executives

C Douglas Mitchell	officer: Chief Financial Officer	600 WILSHIRE BOULEVARD, SUITE 1500, LOS ANGELES CA 90017
Spectrum Galaxy Fund Ltd.	10 percent owner	50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Daniel Zeff	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Capital Partners I, L.p.	10 percent owner	C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020

Commerce Energy Group (Commerce Energy Group) Headlines

No Headlines