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Puissant Industries (Puissant Industries) Total Current Assets : $0.18 Mil (As of Dec. 2013)


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What is Puissant Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Puissant Industries's total current assets for the quarter that ended in Dec. 2013 was $0.18 Mil.

Puissant Industries Total Current Assets Historical Data

The historical data trend for Puissant Industries'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.

* Premium members only.

Puissant Industries Total Current Assets Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Total Current Assets
0.01 0.39 0.38 0.18

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
Total Current Assets 0.01 0.39 0.38 0.18

Puissant Industries 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.

Puissant Industries's Total Current Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.034+0.051+0+0.097
=0.18

Puissant Industries's Total Current Assets for the quarter that ended in Dec. 2013 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.034+0.051+0+0.097
=0.18

* 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.

Puissant Industries  (OTCPK:PSSS) 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.

Puissant Industries's Liquidation Value for the quarter that ended in Dec. 2013 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.034-0.105+0.75 * 0.051+0.5 * 0
=-0.03

* 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.

Puissant Industries Total Current Assets Related Terms

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Puissant Industries (Puissant Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Puissant Industries Inc (OTCPK:PSSS) » Definitions » Total Current Assets
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Traded in Other Exchanges
N/A
Address
480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Website
http://www.psss.co
Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.
Executives
Carbon River Holdings, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook director, officer: Vice President 520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J. director, officer: Secretary/Treasurer 520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook director, officer: President 520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

From GuruFocus

Joint Venture Between Puissant Industries, Inc. and EnerMining Corp.

By ACCESSWIRE ACCESSWIRE • 01-14-2022