Central Gold-Trust (Central Gold-Trust) Total Current Assets : $789.31 Mil (As of Sep. 2015)

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What is Central Gold-Trust Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Central Gold-Trust's total current assets for the quarter that ended in Sep. 2015 was $789.31 Mil.

Central Gold-Trust Total Current Assets Historical Data

The historical data trend for Central Gold-Trust'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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Central Gold-Trust Total Current Assets Chart

Central Gold-Trust Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Total Current Assets

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16.48

22.03

17.69

13.97

11.18

Central Gold-Trust 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															11.74	11.18	9.81	832.37	789.31

Central Gold-Trust 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.

Central Gold-Trust'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
	=	11.065	+	0.114	+	0	+	0
	=	11.18

Central Gold-Trust'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
	=	4.19	+	0.133	+	784.982	+	-1.1368683772162E-13
	=	789.31

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.

Central Gold-Trust (AMEX:GTU) 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.

Central Gold-Trust'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)
=	4.19	-	1.5559999999999	+	0.75 * 0	+	0.5 * 784.982
=	395.13

Central Gold-Trust Total Current Assets Related Terms

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Central Gold-Trust (Central Gold-Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Central Gold-Trust (AMEX:GTU) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.gold-trust.com

Central Gold-Trust was established on April 28, 2003 in Canada. It is a passive, self-governing, single purpose, closed-end trust. It was established to buy and hold substantially all of its assets in gold bullion. The objective of the Company is to provide a secure, convenient, low-cost, exchange-tradeable investment alternative for investors interested in holding gold bullion.

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