LEAS (Strategic Asset Leasing) Total Current Assets : $0.80 Mil (As of Dec. 2092)

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What is Strategic Asset Leasing Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Strategic Asset Leasing's total current assets for the quarter that ended in Dec. 2092 was $0.80 Mil.

Strategic Asset Leasing Total Current Assets Historical Data

The historical data trend for Strategic Asset Leasing'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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Strategic Asset Leasing Total Current Assets Chart

Strategic Asset Leasing Annual Data

Trend

Dec89

Dec90

Dec91

Dec92

Total Current Assets

0.40

0.10

0.40

0.80

Strategic Asset Leasing Quarterly Data
	Mar89	Jun89	Sep89	Dec89	Mar90	Jun90	Sep90	Dec90	Mar91	Jun91	Sep91	Dec91	Mar92	Jun92	Sep92	Dec92
Total Current Assets	Get a 7-Day Free Trial											0.40	-	-	-	0.80

Strategic Asset Leasing 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.

Strategic Asset Leasing's Total Current Assets for the fiscal year that ended in Dec. 2092 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.3	+	0.1	+	0.1	+	0.3
	=	0.80

Strategic Asset Leasing's Total Current Assets for the quarter that ended in Dec. 2092 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.3	+	0.1	+	0.1	+	0.3
	=	0.80

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.

Strategic Asset Leasing (OTCPK:LEAS) 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.

Strategic Asset Leasing's Liquidation Value for the quarter that ended in Dec. 2092 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.3	-	1.3	+	0.75 * 0	+	0.5 * 0.1
=	-0.95

Strategic Asset Leasing Total Current Assets Related Terms

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Strategic Asset Leasing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Strategic Asset Leasing Inc (OTCPK:LEAS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

13576 Walnut Street, Suite A, Omaha, NE, USA, 68144

Website

https://www.anewmeds.com

Strategic Asset Leasing Inc is a United States-based development stage company. It is principally focused on the business activities to engage in the leasing and rental of general and miscellaneous business equipment.