ISHAQ.PFD (International Shipholding) Total Current Assets : $59.40 Mil (As of Mar. 2016)

View and export this data going back to 2013. Start your Free Trial

What is International Shipholding Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. International Shipholding's total current assets for the quarter that ended in Mar. 2016 was $59.40 Mil.

International Shipholding Total Current Assets Historical Data

The historical data trend for International Shipholding'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.

International Shipholding Total Current Assets Chart

International Shipholding Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Total Current Assets

Get a 7-Day Free Trial

85.13

89.24

86.84

85.49

106.78

International Shipholding Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Total Current Assets	Get a 7-Day Free Trial															76.57	72.78	59.17	106.78	59.40

International Shipholding 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 Shipholding's Total Current Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	9.56	+	27.415	+	7.035	+	62.768
	=	106.78

International Shipholding's Total Current Assets for the quarter that ended in Mar. 2016 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.989	+	26.38	+	6.839	+	20.191
	=	59.40

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.

International Shipholding (OTCPK:ISHAQ.PFD) 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 Shipholding's Liquidation Value for the quarter that ended in Mar. 2016 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.989	-	226.833	+	0.75 * 23.352	+	0.5 * 6.839
=	-199.91

International Shipholding Total Current Assets Related Terms

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

International Shipholding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » International Shipholding Corp (OTCPK:ISHAQ.PFD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.intship.com

International Shipholding Corp was originally founded as Central Gulf Steamship Corporation in 1947. Central Gulf was privately held until 1971 when it merged with Trans Union Corporation ("Trans Union"). In 1978, International Shipholding Corporation was formed to act as a holding company for Central Gulf, LCI, and certain other affiliated companies in connection with the 1979 spin off by Trans Union of its common stock to Trans Union's stockholders. Through its subsidiaries, it operates a fleet of U.S. and International Flag vessels that provide international and domestic maritime transportation services to commercial and governmental customers under medium to long-term time charters or contracts of affreightment. As of December 31, 2014 it owned or operated 54 ocean-going vessels. Its segments include Jones Act, Pure Car Truck Carriers, Dry Bulk Carriers, Rail-Ferry, Specialty Contracts, and Other. Its Rail-Ferry segment faces competition from companies who transport cargo over land rather than water including railroads and trucking companies that cross land borders. The Company's operations between the United States and foreign countries are subject to the Shipping Act of 1984, which is administered by the Federal Maritime Commission, and certain provisions of the Federal Water Pollution Control Act, the Oil Pollution Act of 1990, the Act to Prevent Pollution from Ships, and the Comprehensive Environmental Response Compensation and Liability Act, all of which are administered by the U.S. Coast Guard and other federal agencies, and certain other international, federal, state, and local laws and regulations, including international conventions and laws and regulations of the flag nations of its vessels.