FBEC (FBEC Worldwide) Total Current Assets : $0.04 Mil (As of Sep. 2017)

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What is FBEC Worldwide Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. FBEC Worldwide's total current assets for the quarter that ended in Sep. 2017 was $0.04 Mil.

FBEC Worldwide Total Current Assets Historical Data

The historical data trend for FBEC Worldwide'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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FBEC Worldwide Total Current Assets Chart

FBEC Worldwide Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Current Assets

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0.06

FBEC Worldwide Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Total Current Assets	Get a 7-Day Free Trial															0.03	0.06	0.09	0.04	0.04

FBEC Worldwide 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.

FBEC Worldwide's Total Current Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.063	+	0	+	0	+	0
	=	0.06

FBEC Worldwide's Total Current Assets for the quarter that ended in Sep. 2017 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0	+	0.034	+	0
	=	0.04

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.

FBEC Worldwide (OTCPK:FBEC) 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.

FBEC Worldwide's Liquidation Value for the quarter that ended in Sep. 2017 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.001	-	1.82	+	0.75 * 0	+	0.5 * 0.034
=	-1.80

FBEC Worldwide Total Current Assets Related Terms

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FBEC Worldwide Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » FBEC Worldwide Inc (OTCPK:FBEC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

2245 Texas Drive, Suite 300, Sugar Land, TX, USA, 77479

Website

http://www.fbecinc.com

FBEC Worldwide Inc operates in the energy drink market. It operates a sales, distribution, and marketing business for the promotion and sale of hemp-based energy drinks. It also entered into two joint venture agreements to market, distribute and promote two additional lines of hemp-based energy drink products. The firm purchased the formula for its first hemp-based energy shot Wolf Shot.

FBEC Worldwide Headlines

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