EFLO Energy (EFLO Energy) Total Current Assets : $0.61 Mil (As of May. 2015)

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What is EFLO Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. EFLO Energy's total current assets for the quarter that ended in May. 2015 was $0.61 Mil.

EFLO Energy Total Current Assets Historical Data

The historical data trend for EFLO Energy'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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EFLO Energy Total Current Assets Chart

EFLO Energy Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Total Current Assets

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0.01

0.51

2.73

1.45

2.32

EFLO Energy Quarterly Data
	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
Total Current Assets	Get a 7-Day Free Trial															1.76	2.32	2.01	1.58	0.61

EFLO Energy 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.

EFLO Energy's Total Current Assets for the fiscal year that ended in Aug. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.651	+	1.59	+	0	+	0.078
	=	2.32

EFLO Energy's Total Current Assets for the quarter that ended in May. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.012	+	0.426	+	0	+	0.17
	=	0.61

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.

EFLO Energy (OTCPK:EFLO) 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.

EFLO Energy's Liquidation Value for the quarter that ended in May. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.012	-	24.285	+	0.75 * 0.426	+	0.5 * 0
=	-23.95

EFLO Energy Total Current Assets Related Terms

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EFLO Energy (EFLO Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EFLO Energy Inc (OTCPK:EFLO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.efloenergy.com

EFLO Energy Inc was incorporated in the State of Nevada on July 22, 2008. The Company is a development stage company. It is engaged in the acquisition, exploration and development of oil and gas properties in the United States and Canada.

Executives

Matthew J Anderson	officer: CFO & Secretary	880 - 580 HORNBY STREET, VANCOUVER A1 V6C 3B6
Carlo Civelli	10 percent owner	111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164
Herbert T Schmidt	director, officer: Chief Financial and Accounting	22840 DOLOROSA ST. WOODLANDS HILLS, CA 91367

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