ESNR (Electronic Sensor Technology) Total Current Assets: $1.01 Mil (As of Sep. 2009)


What is Electronic Sensor Technology Total Current Assets?

Electronic Sensor Technology ESNR -99.00% Total Current Assets is $1.01 Mil as of Sep. 2009.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Electronic Sensor Technology's total current assets for the quarter that ended in Sep. 2009 was $1.01 Mil.

Electronic Sensor Technology  (OTCPK:ESNR) 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.

Electronic Sensor Technology's Liquidation Value for the quarter that ended in Sep. 2009 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.28-3.472+0.75 * 0.198+0.5 * 0.442
=-2.82

* 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.

Electronic Sensor Technology Total Current Assets Related Terms

Electronic Sensor Technology Total Current Assets Historical Data

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The historical data trend for Electronic Sensor Technology'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.

Electronic Sensor Technology Total Current Assets Chart

Electronic Sensor Technology Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08
Total Current Assets
0.00 6.61 3.71 1.44 1.40

Electronic Sensor Technology Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 1.86 1.40 1.06 1.59 1.01

Electronic Sensor Technology 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.

Electronic Sensor Technology's Total Current Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.5+0.285+0.557+0.059
=1.40

Electronic Sensor Technology's Total Current Assets for the quarter that ended in Sep. 2009 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.28+0.198+0.442+0.089
=1.01

* 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 $1.01 Mil mean?
Electronic Sensor Technology (ESNR) has a Total Current Assets of $1.01 Mil as of Sep. 2009. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Electronic Sensor Technology and its competitors.
Is Electronic Sensor Technology's Total Current Assets too high?
Electronic Sensor Technology's current Total Current Assets is $1.01 Mil.
How does Electronic Sensor Technology's Total Current Assets compare to TRWRF and UCLE?
Electronic Sensor Technology's Total Current Assets of $1.01 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Current Assets depends on the Hardware 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 Electronic Sensor Technology and its competitors. Electronic Sensor Technology's current Total Current Assets is $1.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Sensor Technology stock overvalued right now?
Electronic Sensor Technology (ESNR) has a current Total Current Assets of $1.01 Mil. The current Total Current Assets is $1.01 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 Electronic Sensor Technology (ESNR), the current Total Current Assets is $1.01 Mil as of Sep. 2009. 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.

Electronic Sensor Technology Business Description

Address 1125-B Business Center Circle, Newbury Park, CA, USA, 91320
Electronic Sensor Technology Inc has developed and patented a breakthrough chemical vapor analysis process. This process applies gas chromatography calculations and technology toward a wide variety of industries, including Homeland Security, Life Sciences, Chemical and Petrochemical, Food & Beverage and Environmental.