Foodfest International 2000 (Foodfest International 2000) Total Current Assets : $3.55 Mil (As of Sep. 2011)

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What is Foodfest International 2000 Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Foodfest International 2000's total current assets for the quarter that ended in Sep. 2011 was $3.55 Mil.

Foodfest International 2000 Total Current Assets Historical Data

The historical data trend for Foodfest International 2000'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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Foodfest International 2000 Total Current Assets Chart

Foodfest International 2000 Annual Data

Trend

Oct06

Oct07

Oct08

Oct09

Total Current Assets

0.03

0.36

0.55

Foodfest International 2000 Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Dec10	Mar11	Jun11	Sep11
Total Current Assets	Get a 7-Day Free Trial														-	3.91	5.04	3.88	3.55

Foodfest International 2000 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.

Foodfest International 2000's Total Current Assets for the fiscal year that ended in Oct. 2009 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0
	=	0.00

Foodfest International 2000's Total Current Assets for the quarter that ended in Sep. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	1.242	+	2.06	+	0.245
	=	3.55

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.

Foodfest International 2000 (OTCPK:FDFT) 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.

Foodfest International 2000's Liquidation Value for the quarter that ended in Sep. 2011 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	5.834	+	0.75 * 1.242	+	0.5 * 2.06
=	-3.87

Foodfest International 2000 Total Current Assets Related Terms

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Foodfest International 2000 (Foodfest International 2000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Foodfest International 2000 Inc (OTCPK:FDFT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1016 9th Street, Coronado, CA, USA, 92118

Website

http://www.foodfestinternational2000.com

Foodfest International 2000 Inc currently has no operations.

Foodfest International 2000 (Foodfest International 2000) Headlines

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