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National Tax Credit Partners LP (National Tax Credit Partners LP) Total Current Assets : $0.06 Mil (As of Dec. 2012)


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What is National Tax Credit Partners LP Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. National Tax Credit Partners LP's total current assets for the quarter that ended in Dec. 2012 was $0.06 Mil.


National Tax Credit Partners LP Total Current Assets Historical Data

The historical data trend for National Tax Credit Partners LP'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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National Tax Credit Partners LP Total Current Assets Chart

National Tax Credit Partners LP Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Current Assets
Get a 7-Day Free Trial - - 0.14 0.11 0.06

National Tax Credit Partners LP Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Current Assets Get a 7-Day Free Trial - - 0.14 0.11 0.06

National Tax Credit Partners LP 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.

National Tax Credit Partners LP's Total Current Assets for the fiscal year that ended in Dec. 2012 is calculated as

National Tax Credit Partners LP's Total Current Assets for the quarter that ended in Dec. 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.


National Tax Credit Partners LP  (OTCPK:NTXCZ) 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.

National Tax Credit Partners LP's Liquidation Value for the quarter that ended in Dec. 2012 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.058-1.269+0.75 * 0.006+0.5 * 0
=-1.21

* 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.


National Tax Credit Partners LP Total Current Assets Related Terms

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National Tax Credit Partners LP (National Tax Credit Partners LP) Business Description

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National Tax Credit Partners, L.P. is a limited partnership formed under the laws of the State of California on March 7, 1989. The Partnership was formed to invest primarily in other limited partnerships (the Local Partnerships) which own or lease and operate multifamily housing complexes that are eligible for low-income housing tax credits, or in certain cases, historic rehabilitation tax credits (Tax Credits). The general partner of the Partnership (the General Partner) is National Partnership Investments Corp. The Partnership holds limited partnership interests in twelve Local Partnerships, located in six states and Puerto Rico. The Local Partnerships own residential projects consisting of 682 apartment units.

National Tax Credit Partners LP (National Tax Credit Partners LP) Headlines

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