GME Innotainment (GME Innotainment) Total Current Assets : $6.74 Mil (As of Sep. 2015)

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What is GME Innotainment Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. GME Innotainment's total current assets for the quarter that ended in Sep. 2015 was $6.74 Mil.

GME Innotainment Total Current Assets Historical Data

The historical data trend for GME Innotainment'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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GME Innotainment Total Current Assets Chart

GME Innotainment Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Total Current Assets

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0.98

0.93

0.89

1.72

0.96

GME Innotainment Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Total Current Assets	Get a 7-Day Free Trial															1.14	0.96	1.59	6.02	6.74

GME Innotainment 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.

GME Innotainment's Total Current Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.657	+	0.191	+	0	+	0.107
	=	0.96

GME Innotainment's Total Current Assets for the quarter that ended in Sep. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.266	+	0.42	+	0	+	5.05
	=	6.74

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.

GME Innotainment (OTCPK:GMEV) 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.

GME Innotainment's Liquidation Value for the quarter that ended in Sep. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.266	-	8.07	+	0.75 * 0.371	+	0.5 * 0
=	-6.53

GME Innotainment Total Current Assets Related Terms

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GME Innotainment (GME Innotainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GME Innotainment Inc (OTCPK:GMEV) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

208 East 51st Street, Suite 170, New York, NY, USA, 10022

Website

https://www.srcorpgroup.com

GME Innotainment Inc is engaged in marketing, selling, and maintaining a patented water purification and filtration system. The company's target markets include agriculture, aquaculture, disaster response and relief, emergency preparedness, laundry services, energy, food and beverage, healthcare, industrial, marine, mining municipal and government, non-government organizations, correctional facilities, hotels and resorts, institutions of higher learning, public and private water authorities.