GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Initio Inc (OTCPK:INTO) » Definitions » Total Current Assets

Initio (Initio) Total Current Assets : $1.02 Mil (As of Jan. 2003)


View and export this data going back to 2003. Start your Free Trial

What is Initio Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Initio's total current assets for the quarter that ended in Jan. 2003 was $1.02 Mil.


Initio Total Current Assets Historical Data

The historical data trend for Initio'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.

Initio Total Current Assets Chart

Initio Annual Data
Trend Apr94 Apr95 Apr96 Apr97 Apr98 Apr99 Apr00 Apr01
Total Current Assets
Get a 7-Day Free Trial 5.60 3.30 2.40 2.94 2.33

Initio Quarterly Data
Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03
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 0.99 1.01 1.00 1.09 1.02

Initio 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.

Initio's Total Current Assets for the fiscal year that ended in Apr. 2001 is calculated as

Initio's Total Current Assets for the quarter that ended in Jan. 2003 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.


Initio  (OTCPK:INTO) 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.

Initio's Liquidation Value for the quarter that ended in Jan. 2003 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.022-0.717+0.75 * 0+0.5 * 0
=0.31

* 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.


Initio Total Current Assets Related Terms

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


Initio (Initio) Business Description

Traded in Other Exchanges
N/A
Address
350 West Passaic Street, Suite No. 2, Rochelle Park, NJ, USA, 07662
Initio Inc provides business and financial consulting. It is also engaged in investing and trading shares of publicly owned securities.

Initio (Initio) Headlines

No Headlines