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Covista Communications (Covista Communications) Total Current Assets : $15.78 Mil (As of Apr. 2005)


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What is Covista Communications Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Covista Communications's total current assets for the quarter that ended in Apr. 2005 was $15.78 Mil.


Covista Communications Total Current Assets Historical Data

The historical data trend for Covista Communications'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.

Covista Communications Total Current Assets Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.98 13.95 19.79 15.20 18.25

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
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 Premium Member Only 14.69 13.50 19.61 18.25 15.78

Covista Communications 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.

Covista Communications's Total Current Assets for the fiscal year that ended in Jan. 2005 is calculated as

Covista Communications's Total Current Assets for the quarter that ended in Apr. 2005 is calculated as

* 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.


Covista Communications  (OTCPK:CVST) 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.

Covista Communications's Liquidation Value for the quarter that ended in Apr. 2005 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.509-10.83+0.75 * 8.468+0.5 * 0
=2.03

* 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.


Covista Communications Total Current Assets Related Terms

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Covista Communications (Covista Communications) Business Description

Traded in Other Exchanges
N/A
Address
735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.
Executives
W Thorpe Mckenzie director 735 BROAD ST, STE 1105, CHATTANOOGA TN 37402
Jay J Miller director 430 EAST 57TH STREET SUITE 5 D, NEW YORK NY 10022

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