GelStat (GelStat) Total Current Assets : $0.02 Mil (As of Dec. 2008)

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What is GelStat Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. GelStat's total current assets for the quarter that ended in Dec. 2008 was $0.02 Mil.

GelStat Total Current Assets Historical Data

The historical data trend for GelStat'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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GelStat Total Current Assets Chart

GelStat Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Total Current Assets

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2.07

0.42

0.15

0.08

0.02

GelStat Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Total Current Assets	Get a 7-Day Free Trial															0.08	0.08	0.07	0.03	0.02

GelStat 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.

GelStat's Total Current Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0	+	0	+	0.02
	=	0.02

GelStat's Total Current Assets for the quarter that ended in Dec. 2008 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0	+	0	+	0.02
	=	0.02

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.

GelStat (OTCPK:GSAC) 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.

GelStat's Liquidation Value for the quarter that ended in Dec. 2008 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.001	-	2.232	+	0.75 * 0	+	0.5 * 0
=	-2.23

GelStat Total Current Assets Related Terms

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GelStat (GelStat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GelStat Corp (OTCPK:GSAC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 SE 2nd Avenue, Suite 2000, Miami, FL, USA, 33131

Website

https://www.gelstat.com

GelStat Corp is a consumer healthcare company operating in the US. It is engaged in the development and marketing of over-the-counter (OTC) and other non-prescription consumer healthcare products. The company's lead product is Gelstat Migraine, which is a patented OTC homeopathic drug for use as a first-line, acute treatment for migraine and migraine-like headaches. The Gelstat Migraine is developed to provide acute relief from headache pain as well as other symptoms associated with a migraine. The other products of the company include CHEWS 2 LOSE, which is a diet aide in the form of an all-natural appetite suppressant gum; All Natural Speed which targets specific quick-fix energy user groups; and GelStat Sleep, which provides relief from sleep disorders and their associated symptoms.

Executives

Adrian Graham Goldfarb	director	7660 CENTURION PARKWAY, SUITE 100, JACKSONVILLE FL 32256
Donald Miller	director, officer: Chief Financial Officer
Garry N Lowenthal	officer: Chief Financial Officer	2551 38TH AVENUE NE, STE 135, MINNEAPOLIS MN 55421

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