IMC (International Market Centers) Total Current Assets: $68.75 Mil (As of Dec. 2014)


What is International Market Centers Total Current Assets?

International Market Centers IMC Total Current Assets is $68.75 Mil as of Dec. 2014.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. International Market Centers's total current assets for the quarter that ended in Dec. 2014 was $68.75 Mil.

International Market Centers  (NYSE:IMC) 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.

International Market Centers's Liquidation Value for the quarter that ended in Dec. 2014 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=24.177-599.279+0.75 * 27.593+0.5 * 0
=-554.41

* 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.

International Market Centers Total Current Assets Related Terms

International Market Centers Total Current Assets Historical Data

* Premium members only.

The historical data trend for International Market Centers'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.

International Market Centers Total Current Assets Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Total Current Assets
95.05 97.62 68.75

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Total Current Assets 95.05 97.62 68.75

International Market Centers 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.

International Market Centers's Total Current Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=24.177+32.321+0+12.247
=68.75

International Market Centers's Total Current Assets for the quarter that ended in Dec. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=24.177+32.321+0+12.247
=68.75

* 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 $68.75 Mil mean?
International Market Centers (IMC) has a Total Current Assets of $68.75 Mil as of Dec. 2014. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for International Market Centers and its competitors.
Is International Market Centers' Total Current Assets too high?
International Market Centers' current Total Current Assets is $68.75 Mil.
How does International Market Centers' Total Current Assets compare to HMG and AIII?
International Market Centers' Total Current Assets of $68.75 Mil can be compared against companies in the REITs 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 REITs company?
A good Total Current Assets depends on the REITs 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 International Market Centers and its competitors. International Market Centers's current Total Current Assets is $68.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Market Centers stock overvalued right now?
International Market Centers (IMC) has a current Total Current Assets of $68.75 Mil. The current Total Current Assets is $68.75 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 International Market Centers (IMC), the current Total Current Assets is $68.75 Mil as of Dec. 2014. 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.

International Market Centers Business Description

Industry Real EstateREITs
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.