Foodbase Group (Foodbase Group) Total Current Assets : $47.71 Mil (As of Sep. 2012)

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What is Foodbase Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Foodbase Group's total current assets for the quarter that ended in Sep. 2012 was $47.71 Mil.

Foodbase Group Total Current Assets Historical Data

The historical data trend for Foodbase Group'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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Foodbase Group Total Current Assets Chart

Foodbase Group Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Total Current Assets

21.08

33.67

29.66

Foodbase Group Quarterly Data
	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Total Current Assets	Get a 7-Day Free Trial												33.90	29.66	36.71	40.83	47.71

Foodbase Group 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.

Foodbase Group's Total Current Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.699	+	18.085	+	2.974	+	5.904
	=	29.66

Foodbase Group's Total Current Assets for the quarter that ended in Sep. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.019	+	22.099	+	4.672	+	18.92
	=	47.71

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.

Foodbase Group (OTCPK:FBGI) 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.

Foodbase Group's Liquidation Value for the quarter that ended in Sep. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.019	-	53.812	+	0.75 * 8.223	+	0.5 * 4.672
=	-43.29

Foodbase Group Total Current Assets Related Terms

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Foodbase Group (Foodbase Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Foodbase Group Inc (OTCPK:FBGI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4030 Wake Forest Road, Suite 349, Raleigh, NC, USA, 27609

Website

https://www.foodbase.ai

Foodbase Group Inc is engaged in the operation of restaurants. The Company is an international enterprise specializing in research and development, production, sales, and service of dairy products.

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