ITNS (Itonis) Total Current Assets: $0.29 Mil (As of Feb. 2008)


What is Itonis Total Current Assets?

Itonis ITNS Total Current Assets is $0.29 Mil as of Feb. 2008.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Itonis's total current assets for the quarter that ended in Feb. 2008 was $0.29 Mil.

Itonis  (OTCPK:ITNS) 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.

Itonis's Liquidation Value for the quarter that ended in Feb. 2008 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.132-1.177+0.75 * 0.003+0.5 * 0
=-1.04

* 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.

Itonis Total Current Assets Related Terms

Itonis Total Current Assets Historical Data

* Premium members only.

The historical data trend for Itonis'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.

Itonis Total Current Assets Chart

Itonis Annual Data
Trend Nov05 Nov06 Nov07
Total Current Assets
0.17 0.03 0.01

Itonis Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.26 0.14 0.01 0.29

Itonis 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.

Itonis's Total Current Assets for the fiscal year that ended in Nov. 2007 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.004+0+0+0.001
=0.01

Itonis's Total Current Assets for the quarter that ended in Feb. 2008 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.132+0.003+0+0.15
=0.29

* 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 $0.29 Mil mean?
Itonis (ITNS) has a Total Current Assets of $0.29 Mil as of Feb. 2008. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Itonis and its competitors.
Is Itonis' Total Current Assets too high?
Itonis' current Total Current Assets is $0.29 Mil.
How does Itonis' Total Current Assets compare to FZMD and SNYR?
Itonis' Total Current Assets of $0.29 Mil can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Total Current Assets depends on the Medical Distribution 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 Itonis and its competitors. Itonis's current Total Current Assets is $0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itonis stock overvalued right now?
Itonis (ITNS) has a current Total Current Assets of $0.29 Mil. The current Total Current Assets is $0.29 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 Itonis (ITNS), the current Total Current Assets is $0.29 Mil as of Feb. 2008. 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.

Itonis Business Description

Address 25422 Trabuco Road, Suite 105-297, Lake Forest, CA, USA, 92630
Itonis Inc is a development-stage company. It operates as a holding company, which engages in the development and distribution of products to the medical and pharmaceutical industry. It is presently focused on marketing its Emesyl homeopathic anti-nausea product for retail sale. It produces and markets over-the-counter and prescription homeopathic preparations to treat both common ailments and chronic diseases.