Location Based Technologies (Location Based Technologies) Total Current Assets : $1.13 Mil (As of May. 2015)

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What is Location Based Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Location Based Technologies's total current assets for the quarter that ended in May. 2015 was $1.13 Mil.

Location Based Technologies Total Current Assets Historical Data

The historical data trend for Location Based Technologies'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.

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Location Based Technologies Total Current Assets Chart

Location Based Technologies Annual Data

Trend

Aug06

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Total Current Assets

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0.01

7.95

2.74

1.62

1.07

Location Based Technologies Quarterly Data
	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
Total Current Assets	Get a 7-Day Free Trial															1.01	1.07	1.56	1.11	1.13

Location Based Technologies 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.

Location Based Technologies's Total Current Assets for the fiscal year that ended in Aug. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.146	+	0.078	+	0.793	+	0.052
	=	1.07

Location Based Technologies's Total Current Assets for the quarter that ended in May. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.237	+	0.188	+	0.685	+	0.019
	=	1.13

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.

Location Based Technologies (OTCPK:LBAS) 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.

Location Based Technologies's Liquidation Value for the quarter that ended in May. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.237	-	14.333	+	0.75 * 0.188	+	0.5 * 0.685
=	-13.61

Location Based Technologies Total Current Assets Related Terms

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Location Based Technologies (Location Based Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Location Based Technologies Inc (OTCPK:LBAS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618

Website

https://www.locationbasedtech.com

Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

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