South Beach Spirits (South Beach Spirits) Total Current Assets : $0.35 Mil (As of Feb. 2018)

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What is South Beach Spirits Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. South Beach Spirits's total current assets for the quarter that ended in Feb. 2018 was $0.35 Mil.

South Beach Spirits Total Current Assets Historical Data

The historical data trend for South Beach Spirits'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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South Beach Spirits Total Current Assets Chart

South Beach Spirits Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Total Current Assets

Get a 7-Day Free Trial

0.01

0.35

South Beach Spirits Semi-Annual Data
	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18
Total Current Assets	Get a 7-Day Free Trial			0.01	-	-	0.35	0.35

South Beach Spirits 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.

South Beach Spirits's Total Current Assets for the fiscal year that ended in Feb. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.35	+	0	+	0	+	0
	=	0.35

South Beach Spirits's Total Current Assets for the quarter that ended in Feb. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.35	+	0	+	0	+	0
	=	0.35

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.

South Beach Spirits (OTCPK:SBES) 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.

South Beach Spirits's Liquidation Value for the quarter that ended in Feb. 2018 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.35	-	0.15	+	0.75 * 0	+	0.5 * 0
=	0.20

South Beach Spirits Total Current Assets Related Terms

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South Beach Spirits (South Beach Spirits) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » South Beach Spirits Inc (OTCPK:SBES) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

8913 Regents Park Drive, No.550, Tampa, FL, USA, 33401

Website

http://southbeach-spirits.com

South Beach Spirits Inc is a Florida based company. The company is engaged in the development, marketing, and distribution of alcoholic beverage. It distributes traditional and flavored vodka under the brand V Georgio Vodka.

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