HQGE (HQ Global Education) Total Current Assets: $28.68 Mil (As of Nov. 2011)

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What is HQ Global Education Total Current Assets?

HQ Global Education HQGE Total Current Assets is $28.68 Mil as of Nov. 2011.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. HQ Global Education's total current assets for the quarter that ended in Nov. 2011 was $28.68 Mil.

HQ Global Education  (OTCPK:HQGE) 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.

HQ Global Education's Liquidation Value for the quarter that ended in Nov. 2011 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=10.522-13.442+0.75 * 12.001+0.5 * 0.355
=6.26

* 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.

HQ Global Education Total Current Assets Related Terms

HQ Global Education Total Current Assets Historical Data

* Premium members only.

The historical data trend for HQ Global Education'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.

HQ Global Education Total Current Assets Chart

HQ Global Education Annual Data
Trend Feb08 Feb09 Aug10
Total Current Assets
0.02 0.02 15.52

HQ Global Education Quarterly Data
Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.00 28.85 28.11 23.01 28.68

HQ Global Education 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.

HQ Global Education's Total Current Assets for the fiscal year that ended in Aug. 2010 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=5.226+9.065+0.674+0.552
=15.52

HQ Global Education's Total Current Assets for the quarter that ended in Nov. 2011 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=10.522+12.243+0.355+5.557
=28.68

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $28.68 Mil mean?
HQ Global Education (HQGE) has a Total Current Assets of $28.68 Mil as of Nov. 2011. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for HQ Global Education and its competitors.
Is HQ Global Education's Total Current Assets too high?
HQ Global Education's current Total Current Assets is $28.68 Mil.
How does HQ Global Education's Total Current Assets compare to BKIT and BIEI?
HQ Global Education's Total Current Assets of $28.68 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Media - Diversified company?
A good Total Current Assets depends on the Media - Diversified industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for HQ Global Education and its competitors. HQ Global Education's current Total Current Assets is $28.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HQ Global Education stock overvalued right now?
HQ Global Education (HQGE) has a current Total Current Assets of $28.68 Mil. The current Total Current Assets is $28.68 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For HQ Global Education (HQGE), the current Total Current Assets is $28.68 Mil as of Nov. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HQ Global Education Business Description

Address 333 City Boulevard West, Suite 1700, Orange, CA, USA, 92868
HQ Global Education Inc is a provider of comprehensive film and TV production services. The company offers a wide array of film and TV production resources for small Indie productions through to full theatrical projects. Its products and services include film and television; producing; financing; and optioning.