FRPC (First Republic of America) Total Current Assets: $15.70 Mil (As of Mar. 2004)


What is First Republic of America Total Current Assets?

First Republic of America FRPC Total Current Assets is $15.70 Mil as of Mar. 2004.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. First Republic of America's total current assets for the quarter that ended in Mar. 2004 was $15.70 Mil.

First Republic of America  (OTCPK:FRPC) 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.

First Republic of America's Liquidation Value for the quarter that ended in Mar. 2004 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.669-36.7+0.75 * 4.553+0.5 * 3.673
=-29.78

* 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.

First Republic of America Total Current Assets Related Terms

First Republic of America Total Current Assets Historical Data

* Premium members only.

The historical data trend for First Republic of America'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.

First Republic of America Total Current Assets Chart

First Republic of America Annual Data
Trend Jun01 Jun02 Jun03
Total Current Assets
27.11 22.25 21.71

First Republic of America Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.68 21.71 21.89 16.87 15.70

First Republic of America 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.

First Republic of America's Total Current Assets for the fiscal year that ended in Jun. 2003 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.179+9.811+7.489+2.229
=21.71

First Republic of America's Total Current Assets for the quarter that ended in Mar. 2004 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.669+4.553+3.673+5.802
=15.70

* 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 $15.70 Mil mean?
First Republic of America (FRPC) has a Total Current Assets of $15.70 Mil as of Mar. 2004. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for First Republic of America and its competitors.
Is First Republic of America's Total Current Assets too high?
First Republic of America's current Total Current Assets is $15.70 Mil.
How does First Republic of America's Total Current Assets compare to competitors?
First Republic of America's Total Current Assets of $15.70 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Total Current Assets depends on the Business Services 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 First Republic of America and its competitors. First Republic of America's current Total Current Assets is $15.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Republic of America stock overvalued right now?
First Republic of America (FRPC) has a current Total Current Assets of $15.70 Mil. The current Total Current Assets is $15.70 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 First Republic of America (FRPC), the current Total Current Assets is $15.70 Mil as of Mar. 2004. 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.