Sunburst Acquisitions V (Sunburst Acquisitions V) Total Current Assets : $6.74 Mil (As of Dec. 2018)

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What is Sunburst Acquisitions V Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sunburst Acquisitions V's total current assets for the quarter that ended in Dec. 2018 was $6.74 Mil.

Sunburst Acquisitions V Total Current Assets Historical Data

The historical data trend for Sunburst Acquisitions V'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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Sunburst Acquisitions V Total Current Assets Chart

Sunburst Acquisitions V Annual Data

Trend

Dec16

Dec17

Dec18

Total Current Assets

25.92

20.47

6.74

Sunburst Acquisitions V Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Total Current Assets	Get a 7-Day Free Trial				20.47	25.00	20.82	8.85	6.74

Sunburst Acquisitions V 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.

Sunburst Acquisitions V's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.102	+	0	+	0	+	6.636
	=	6.74

Sunburst Acquisitions V's Total Current Assets for the quarter that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.102	+	0	+	0	+	6.636
	=	6.74

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.

Sunburst Acquisitions V (GREY:SGIL) 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.

Sunburst Acquisitions V's Liquidation Value for the quarter that ended in Dec. 2018 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.102	-	11.658	+	0.75 * 0	+	0.5 * 0
=	-11.56

Sunburst Acquisitions V Total Current Assets Related Terms

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Sunburst Acquisitions V (Sunburst Acquisitions V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sunburst Acquisitions V Inc (GREY:SGIL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Des Voeux Road, World-Wide House, Room 2305A, 23rd Floor, Central, Hong Kong, HKG

Website

Sunburst Acquisitions V Inc through its direct and indirect wholly owned subsidiaries is in the business of providing import custom clearing services in the Guangdong province in the People's Republic of China. The company generates revenue from the Import and Customs Clearance Service and Trading. It ceases its business.

Sunburst Acquisitions V (Sunburst Acquisitions V) Headlines

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