Gerova Financial Group (Gerova Financial Group) Total Current Assets : $0.28 Mil (As of Jun. 2009)

View and export this data going back to 2008. Start your Free Trial

What is Gerova Financial Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gerova Financial Group's total current assets for the quarter that ended in Jun. 2009 was $0.28 Mil.

Gerova Financial Group Total Current Assets Historical Data

The historical data trend for Gerova Financial Group'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.

* Premium members only.

Gerova Financial Group Total Current Assets Chart

Gerova Financial Group Annual Data

Trend

Dec07

Dec08

Dec09

Total Current Assets

0.44

0.22

1.09

Gerova Financial Group Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Dec09
Total Current Assets	Get a 7-Day Free Trial				0.31	0.22	0.46	0.28	1.09

Gerova Financial Group 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.

Gerova Financial Group's Total Current Assets for the fiscal year that ended in Dec. 2009 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.973	+	0.047	+	0	+	0.068
	=	1.09

Gerova Financial Group's Total Current Assets for the quarter that ended in Jun. 2009 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.031	+	0.008	+	0	+	0.241
	=	0.28

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.

Gerova Financial Group (OTCPK:GVFG) 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.

Gerova Financial Group's Liquidation Value for the quarter that ended in Jun. 2009 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.031	-	45.987	+	0.75 * 0	+	0.5 * 0
=	-45.96

Gerova Financial Group Total Current Assets Related Terms

Thank you for viewing the detailed overview of Gerova Financial Group's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Gerova Financial Group (Gerova Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gerova Financial Group Ltd (OTCPK:GVFG) » Definitions » Total Current Assets

Comparable Companies

TIL OXBR BCRH WMIH MHLD TPRE AHL VR RNR PRE SCRYY RGA RE ACGL HVRRY SSREY MURGY

Traded in Other Exchanges

N/A

Address

Cumberland House, 5th Floor, 1 Victoria Street, Hamilton, BMU, HM 11

Website

Gerova Financial Group Ltd is an international reinsurance company focused on the life and annuity reinsurance markets, in addition to a niche property and causality business.

Gerova Financial Group (Gerova Financial Group) Headlines

No Headlines