SKYC (Sky Constant Century) Total Current Assets: $1.78 Mil (As of Sep. 2017)


What is Sky Constant Century Total Current Assets?

Sky Constant Century SKYC Total Current Assets is $1.78 Mil as of Sep. 2017.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sky Constant Century's total current assets for the quarter that ended in Sep. 2017 was $1.78 Mil.

Sky Constant Century  (OTCPK:SKYC) 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.

Sky Constant Century's Liquidation Value for the quarter that ended in Sep. 2017 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.05-0.54+0.75 * 0.649+0.5 * 0
=1.00

* 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.

Sky Constant Century Total Current Assets Related Terms

Sky Constant Century Total Current Assets Historical Data

* Premium members only.

The historical data trend for Sky Constant Century'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.

Sky Constant Century Total Current Assets Chart

Sky Constant Century Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Total Current Assets
1.99 2.73 1.39 1.65

Sky Constant Century Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 1.35 1.65 1.08 1.78

Sky Constant Century 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.

Sky Constant Century's Total Current Assets for the fiscal year that ended in Mar. 2017 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.062+0.546+0+0.042
=1.65

Sky Constant Century's Total Current Assets for the quarter that ended in Sep. 2017 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.05+0.649+0+0.082
=1.78

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $1.78 Mil mean?
Sky Constant Century (SKYC) has a Total Current Assets of $1.78 Mil as of Sep. 2017. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Sky Constant Century and its competitors.
Is Sky Constant Century's Total Current Assets too high?
Sky Constant Century's current Total Current Assets is $1.78 Mil.
How does Sky Constant Century's Total Current Assets compare to JRVS?
Sky Constant Century's Total Current Assets of $1.78 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Capital Markets company?
A good Total Current Assets depends on the Capital Markets industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Sky Constant Century and its competitors. Sky Constant Century's current Total Current Assets is $1.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Constant Century stock overvalued right now?
Sky Constant Century (SKYC) has a current Total Current Assets of $1.78 Mil. The current Total Current Assets is $1.78 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Sky Constant Century (SKYC), the current Total Current Assets is $1.78 Mil as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sky Constant Century Business Description

Address Number 3, Hoi Shing Road, Wordshop A2, 25th Floor, TML Tower, Tseun Wan, New Territories, Hong Kong, HKG
Sky Constant Century Inc is engaged in providing precious metals trading position services. The company offers precious metals spot contract trading services to clients for trading gold and silver via a 24-hour electronic trading platform in Hong Kong.