Independent Film Development (Independent Film Development) Total Current Assets : $0.03 Mil (As of Jun. 2016)

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What is Independent Film Development Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Independent Film Development's total current assets for the quarter that ended in Jun. 2016 was $0.03 Mil.

Independent Film Development Total Current Assets Historical Data

The historical data trend for Independent Film Development'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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Independent Film Development Total Current Assets Chart

Independent Film Development Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Total Current Assets

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0.01

0.12

Independent Film Development Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Total Current Assets	Get a 7-Day Free Trial															-	-	-	0.12	0.03

Independent Film Development 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.

Independent Film Development's Total Current Assets for the fiscal year that ended in Sep. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0
	=	0.00

Independent Film Development's Total Current Assets for the quarter that ended in Jun. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.025	+	0	+	0.005	+	-3.4694469519536E-18
	=	0.03

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.

Independent Film Development (OTCPK:IFLM) 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.

Independent Film Development's Liquidation Value for the quarter that ended in Jun. 2016 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.025	-	2.415	+	0.75 * 0	+	0.5 * 0.005
=	-2.39

Independent Film Development Total Current Assets Related Terms

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Independent Film Development (Independent Film Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Independent Film Development Corp (OTCPK:IFLM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614

Website

http://www.independentfilmdevelopment.com

Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.

Executives

Rachel Boulds Cpa, Pllc

officer: CFO

6371 S. GLENOAKS STREET, MURRAY UT 84107

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