Industria Automotriz de CV (MEX:IASASA) Total Current Assets: MXN17.82 Mil (As of Jun. 2011)


What is Industria Automotriz de CV Total Current Assets?

Industria Automotriz de CV MEX:IASASA Total Current Assets is MXN17.82 Mil as of Jun. 2011.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Industria Automotriz de CV's total current assets for the quarter that ended in Jun. 2011 was MXN17.82 Mil.

Industria Automotriz de CV  (MEX:IASASA) 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.

Industria Automotriz de CV's Liquidation Value for the quarter that ended in Jun. 2011 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.839-938.048+0.75 * 11.684+0.5 * 1.501
=-925.70

* 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.

Industria Automotriz de CV Total Current Assets Related Terms

Industria Automotriz de CV Total Current Assets Historical Data

* Premium members only.

The historical data trend for Industria Automotriz de CV'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.

Industria Automotriz de CV Total Current Assets Chart

Industria Automotriz de CV Annual Data
Trend Dec07 Dec08 Dec09
Total Current Assets
0.00 0.00 0.00

Industria Automotriz de CV Quarterly Data
Dec07 Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11
Total Current Assets Get a 7-Day Free Trial Premium Member Only 0.00 0.00 24.54 24.35 17.82

Industria Automotriz de CV 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.

Industria Automotriz de CV's Total Current Assets for the fiscal year that ended in Dec. 2009 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0+0+0
=0.00

Industria Automotriz de CV's Total Current Assets for the quarter that ended in Jun. 2011 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.839+11.684+1.501+1.797
=17.82

* 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 MXN17.82 Mil mean?
Industria Automotriz de CV (MEX:IASASA) has a Total Current Assets of MXN17.82 Mil as of Jun. 2011. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Industria Automotriz de CV and its competitors.
Is Industria Automotriz de CV's Total Current Assets too high?
Industria Automotriz de CV's current Total Current Assets is MXN17.82 Mil.
How does Industria Automotriz de CV's Total Current Assets compare to CSHEF and AMTY?
Industria Automotriz de CV's Total Current Assets of MXN17.82 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Current Assets depends on the Vehicles & Parts 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 Industria Automotriz de CV and its competitors. Industria Automotriz de CV's current Total Current Assets is MXN17.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industria Automotriz de CV stock overvalued right now?
Industria Automotriz de CV (MEX:IASASA) has a current Total Current Assets of MXN17.82 Mil. The current Total Current Assets is MXN17.82 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 Industria Automotriz de CV (MEX:IASASA), the current Total Current Assets is MXN17.82 Mil as of Jun. 2011. 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.

Industria Automotriz de CV Business Description

Address Avenida Universidad 1011, San Nicolas de los Garza, NL, MEX, 66400
Industria Automotriz SA de CV is engaged in manufacturing of stamping, assemblies and subassemblies for the automotive industry. The company also manufactures dies and tool, assembly attachments and attachments to check the produced pieces.