GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Infrax Systems Inc (OTCPK:IFXY) » Definitions » Total Current Assets

Infrax Systems (Infrax Systems) Total Current Assets : $0.01 Mil (As of Jun. 2017)


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

What is Infrax Systems Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Infrax Systems's total current assets for the quarter that ended in Jun. 2017 was $0.01 Mil.


Infrax Systems Total Current Assets Historical Data

The historical data trend for Infrax Systems'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.

Infrax Systems Total Current Assets Chart

Infrax Systems Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.02 0.01 0.01 0.01

Infrax Systems Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Infrax Systems 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.

Infrax Systems's Total Current Assets for the fiscal year that ended in Jun. 2017 is calculated as

Infrax Systems's Total Current Assets for the quarter that ended in Jun. 2017 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.


Infrax Systems  (OTCPK:IFXY) 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.

Infrax Systems's Liquidation Value for the quarter that ended in Jun. 2017 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-0.876+0.75 * 0+0.5 * 0.006
=-0.87

* 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.


Infrax Systems Total Current Assets Related Terms

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


Infrax Systems (Infrax Systems) Business Description

Traded in Other Exchanges
N/A
Address
9595 Six Pines Dr Unit 8, FL 2, Spring, Houston, TX, USA, 77380
Infrax Systems Inc is a United states based company. The company's strategy is to develop and implement effective solutions that cater to the specific needs of this demographic sector. The company caters to the specific needs of the Latin American demographic sector. It strive to address the various challenges faced by these immigrants, such as nostalgic products and the distribution of familiar foods from their home countries, easy access to legal services, insurance solutions, non-traditional remittances management, peer-to-peer financing, and other technology-driven solutions.

Infrax Systems (Infrax Systems) Headlines