Reelcause (Reelcause) Total Current Assets : $45.16 Mil (As of Sep. 2012)

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What is Reelcause Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Reelcause's total current assets for the quarter that ended in Sep. 2012 was $45.16 Mil.

Reelcause Total Current Assets Historical Data

The historical data trend for Reelcause'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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Reelcause Total Current Assets Chart

Reelcause Annual Data

Trend

Oct08

Oct09

Dec10

Dec11

Total Current Assets

0.06

0.04

27.47

38.24

Reelcause Quarterly Data
	Apr08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Total Current Assets	Get a 7-Day Free Trial												36.17	38.24	40.22	44.74	45.16

Reelcause 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.

Reelcause's Total Current Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.014	+	16.625	+	4.682	+	15.921
	=	38.24

Reelcause's Total Current Assets for the quarter that ended in Sep. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.054	+	12.005	+	6.812	+	24.287
	=	45.16

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.

Reelcause (OTCPK:RCIT) 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.

Reelcause's Liquidation Value for the quarter that ended in Sep. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.054	-	53.812	+	0.75 * 6.624	+	0.5 * 6.812
=	-43.38

Reelcause Total Current Assets Related Terms

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Reelcause (Reelcause) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Reelcause Inc (OTCPK:RCIT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4760 S Pecos Road, Suite 103, Las Vegas, NV, USA, 89121

Website

https://www.rcitgroup.net

Reelcause Inc focuses on commercializing patented technology related to new renewable energy projects. Its Product family include hydrogen gas range, hydrogen boiler, hydrogen hot air fan, hydrogen water purifier, hydrogen water source wave, hydrogen drone, hydrogen ene farm, and realization of smart farm using hydrogen boiler.

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