News Communications (News Communications) Total Current Assets : $1.67 Mil (As of Dec. 2004)

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What is News Communications Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. News Communications's total current assets for the quarter that ended in Dec. 2004 was $1.67 Mil.

News Communications Total Current Assets Historical Data

The historical data trend for News Communications'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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News Communications Total Current Assets Chart

News Communications Annual Data

Trend

Nov96

Nov97

Nov98

Nov99

Dec00

Dec01

Dec02

Dec03

Dec04

Total Current Assets

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3.11

2.31

1.42

3.17

1.67

News Communications Semi-Annual Data
	Nov96	Nov97	Nov98	Nov99	Dec00	Dec01	Dec02	Dec03	Dec04
Total Current Assets	Get a 7-Day Free Trial				3.11	2.31	1.42	3.17	1.67

News Communications 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.

News Communications's Total Current Assets for the fiscal year that ended in Dec. 2004 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.421	+	1.025	+	0	+	0.219
	=	1.67

News Communications's Total Current Assets for the quarter that ended in Dec. 2004 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.421	+	1.025	+	0	+	0.219
	=	1.67

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.

News Communications (OTCPK:NWCM) 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.

News Communications's Liquidation Value for the quarter that ended in Dec. 2004 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.421	-	3.445	+	0.75 * 1.015	+	0.5 * 0
=	-2.26

News Communications Total Current Assets Related Terms

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News Communications (News Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Communications Inc (OTCPK:NWCM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

News Communications, Inc. is engaged in publishing & distribution of advertiser-supported newspapers & magazines. It publishes three newspapers, two magazines including Dans Hampton Style & Dans Hampton Sports; & a guide, Dans Hampton Style Insider Guide.

Executives

Ross Wilbur L Jr

director

328 EL VEDADO ROAD, PALM BEACH FL 33480

News Communications (News Communications) Headlines

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