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Octopus Eclipse VCT 2 (LSE:OEC2) Total Current Assets : £3.58 Mil (As of Jul. 2012)


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What is Octopus Eclipse VCT 2 Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Octopus Eclipse VCT 2's total current assets for the quarter that ended in Jul. 2012 was £3.58 Mil.


Octopus Eclipse VCT 2 Total Current Assets Historical Data

The historical data trend for Octopus Eclipse VCT 2'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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Octopus Eclipse VCT 2 Total Current Assets Chart

Octopus Eclipse VCT 2 Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12
Total Current Assets
Get a 7-Day Free Trial 7.30 3.47 4.28 3.02 3.33

Octopus Eclipse VCT 2 Semi-Annual Data
Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.53 3.02 2.61 3.33 3.58

Octopus Eclipse VCT 2 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.

Octopus Eclipse VCT 2's Total Current Assets for the fiscal year that ended in Jan. 2012 is calculated as

Octopus Eclipse VCT 2's Total Current Assets for the quarter that ended in Jul. 2012 is calculated as

* 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.


Octopus Eclipse VCT 2  (LSE:OEC2) 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.

Octopus Eclipse VCT 2's Liquidation Value for the quarter that ended in Jul. 2012 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.566-0.194+0.75 * 0+0.5 * 0
=3.37

* 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.


Octopus Eclipse VCT 2 Total Current Assets Related Terms

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Octopus Eclipse VCT 2 (LSE:OEC2) Business Description

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Octopus Eclipse VCT 2 PLC is a venture capital trust which aims to provide shareholders with attractive tax-free dividends and long-term capital growth, by investing in a diverse portfolio of unquoted and AIM-quoted companies.

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