DRNG (Drone Guarder) Total Current Assets: $0.42 Mil (As of Oct. 2018)


What is Drone Guarder Total Current Assets?

Drone Guarder DRNG -99.00% Total Current Assets is $0.42 Mil as of Oct. 2018.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Drone Guarder's total current assets for the quarter that ended in Oct. 2018 was $0.42 Mil.

Drone Guarder  (OTCPK:DRNG) 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.

Drone Guarder's Liquidation Value for the quarter that ended in Oct. 2018 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.032-2.174+0.75 * 0+0.5 * 0
=-2.14

* 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.

Drone Guarder Total Current Assets Related Terms

Drone Guarder Total Current Assets Historical Data

* Premium members only.

The historical data trend for Drone Guarder'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.

Drone Guarder Total Current Assets Chart

Drone Guarder Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Total Current Assets
Get a 7-Day Free Trial 0.01 0.00 0.01 0.00 0.02

Drone Guarder Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 0.12 0.02 0.21 0.30 0.42

Drone Guarder 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.

Drone Guarder's Total Current Assets for the fiscal year that ended in Jan. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.02+0+0+0
=0.02

Drone Guarder's Total Current Assets for the quarter that ended in Oct. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.032+0+0+0.388
=0.42

* 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 $0.42 Mil mean?
Drone Guarder (DRNG) has a Total Current Assets of $0.42 Mil as of Oct. 2018. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Drone Guarder and its competitors.
Is Drone Guarder's Total Current Assets too high?
Drone Guarder's current Total Current Assets is $0.42 Mil.
How does Drone Guarder's Total Current Assets compare to BLPG and VII?
Drone Guarder's Total Current Assets of $0.42 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Total Current Assets depends on the Business Services 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 Drone Guarder and its competitors. Drone Guarder's current Total Current Assets is $0.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drone Guarder stock overvalued right now?
Drone Guarder (DRNG) has a current Total Current Assets of $0.42 Mil. The current Total Current Assets is $0.42 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 Drone Guarder (DRNG), the current Total Current Assets is $0.42 Mil as of Oct. 2018. 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.

Drone Guarder Business Description

Address 370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Drone Guarder Inc is a security and surveillance products provider. The company focused on commercializing a drone enhanced home security system as a turnkey solution. The solution is app-based and includes a drone, infrared camera, and Android mobile app component: once an alarm has been triggered, the Drone Guarder will immediately take off from a wireless charging pad. The camera within the drone will record a video for a few seconds, process it and then send an alert if a threat is found. The targeted markets include the USA, Canada, Europe, South Africa and the Asia-Pacific region.