MOBO (Mobile Lads) Total Current Assets: $0.02 Mil (As of Jul. 2016)


What is Mobile Lads Total Current Assets?

Mobile Lads MOBO Total Current Assets is $0.02 Mil as of Jul. 2016.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mobile Lads's total current assets for the quarter that ended in Jul. 2016 was $0.02 Mil.

Mobile Lads  (OTCPK:MOBO) 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.

Mobile Lads's Liquidation Value for the quarter that ended in Jul. 2016 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.005-0.492+0.75 * 0+0.5 * 0
=-0.49

* 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.

Mobile Lads Total Current Assets Related Terms

Mobile Lads Total Current Assets Historical Data

* Premium members only.

The historical data trend for Mobile Lads'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.

Mobile Lads Total Current Assets Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Total Current Assets
0.01 0.00 0.00

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 0.00 0.05 0.00 0.11 0.02

Mobile Lads 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.

Mobile Lads's Total Current Assets for the fiscal year that ended in Apr. 2015 is calculated as

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

Mobile Lads's Total Current Assets for the quarter that ended in Jul. 2016 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.005+0+0+0.017
=0.02

* 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 $0.02 Mil mean?
Mobile Lads (MOBO) has a Total Current Assets of $0.02 Mil as of Jul. 2016. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Mobile Lads and its competitors.
Is Mobile Lads' Total Current Assets too high?
Mobile Lads' current Total Current Assets is $0.02 Mil.
How does Mobile Lads' Total Current Assets compare to DLOC and KNIT?
Mobile Lads' Total Current Assets of $0.02 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Current Assets depends on the Hardware 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 Mobile Lads and its competitors. Mobile Lads's current Total Current Assets is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobile Lads stock overvalued right now?
Mobile Lads (MOBO) has a current Total Current Assets of $0.02 Mil. The current Total Current Assets is $0.02 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 Mobile Lads (MOBO), the current Total Current Assets is $0.02 Mil as of Jul. 2016. 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.

Mobile Lads Business Description

Address 2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.