Imperial Resources (Imperial Resources) Total Current Assets : $0.08 Mil (As of Dec. 2012)

View and export this data going back to 2009. Start your Free Trial

What is Imperial Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Imperial Resources's total current assets for the quarter that ended in Dec. 2012 was $0.08 Mil.

Imperial Resources Total Current Assets Historical Data

The historical data trend for Imperial Resources'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.

Imperial Resources Total Current Assets Chart

Imperial Resources Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Total Current Assets

0.03

0.39

0.11

Imperial Resources Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
Total Current Assets	Get a 7-Day Free Trial														0.05	0.11	0.09	0.03	0.08

Imperial Resources 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.

Imperial Resources's Total Current Assets for the fiscal year that ended in Mar. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.092	+	0.017	+	0	+	0
	=	0.11

Imperial Resources's Total Current Assets for the quarter that ended in Dec. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.044	+	0.038	+	0	+	1.3877787807814E-17
	=	0.08

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.

Imperial Resources (OTCPK:IPRC) 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.

Imperial Resources's Liquidation Value for the quarter that ended in Dec. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.044	-	2.395	+	0.75 * 0.038	+	0.5 * 0
=	-2.32

Imperial Resources Total Current Assets Related Terms

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

Imperial Resources (Imperial Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Imperial Resources Inc (OTCPK:IPRC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 East 6th Street, Suite 900, Austin, TX, USA, 78701

Website

http://www.imperialresourcesinc.com

Imperial Resources Inc has decided to focus its core activities on development and exploration of oil and gas assets in the United States through its wholly-owned subsidiary. It is an exploration stage company. It explores for asphalt, gold, and other precious metals.

Imperial Resources (Imperial Resources) Headlines

No Headlines