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Happy Town Holdings (Happy Town Holdings) Total Current Assets : $0.24 Mil (As of Mar. 2013)


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What is Happy Town Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Happy Town Holdings's total current assets for the quarter that ended in Mar. 2013 was $0.24 Mil.


Happy Town Holdings Total Current Assets Historical Data

The historical data trend for Happy Town Holdings'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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Happy Town Holdings Total Current Assets Chart

Happy Town Holdings Annual Data
Trend Feb12
Total Current Assets
-

Happy Town Holdings Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Mar13
Total Current Assets Get a 7-Day Free Trial - - - 0.35 0.24

Happy Town Holdings 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.

Happy Town Holdings's Total Current Assets for the fiscal year that ended in Feb. 2012 is calculated as

Happy Town Holdings's Total Current Assets for the quarter that ended in Mar. 2013 is calculated as

* 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.


Happy Town Holdings  (OTCPK:HPTN) 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.

Happy Town Holdings's Liquidation Value for the quarter that ended in Mar. 2013 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.067-15.308+0.75 * 0+0.5 * 0
=-15.24

* 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.


Happy Town Holdings Total Current Assets Related Terms

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Happy Town Holdings (Happy Town Holdings) Business Description

Traded in Other Exchanges
N/A
Address
42 Broadway, New York, NY, USA, 10004
Happy Town Holdings Inc is a health and wellness company. The company is focused on developing or acquiring natural-based solutions to promote better health. It is engaged in researching new investment opportunities in the health and wellness sector.