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Diamond Discoveries International (Diamond Discoveries International) Total Current Assets : $0.01 Mil (As of Sep. 2011)


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What is Diamond Discoveries International Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Diamond Discoveries International's total current assets for the quarter that ended in Sep. 2011 was $0.01 Mil.


Diamond Discoveries International Total Current Assets Historical Data

The historical data trend for Diamond Discoveries International'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.

Diamond Discoveries International Total Current Assets Chart

Diamond Discoveries International Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.04 0.03 0.01 0.01

Diamond Discoveries International Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 - 0.01 0.02 0.02 0.01

Diamond Discoveries International 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.

Diamond Discoveries International's Total Current Assets for the fiscal year that ended in Dec. 2010 is calculated as

Diamond Discoveries International's Total Current Assets for the quarter that ended in Sep. 2011 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.


Diamond Discoveries International  (OTCPK:DMDD) 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.

Diamond Discoveries International's Liquidation Value for the quarter that ended in Sep. 2011 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.011-2.088+0.75 * 0+0.5 * 0
=-2.08

* 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.


Diamond Discoveries International Total Current Assets Related Terms

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Diamond Discoveries International (Diamond Discoveries International) Business Description

Traded in Other Exchanges
N/A
Address
45 Rockefeller Plaza, Suite 2000, New York, NY, USA, 10111
Diamond Discoveries International Corp is a mineral exploration company. It is engaged in activities related to the exploration of mineral resources in Canada.

Diamond Discoveries International (Diamond Discoveries International) Headlines

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