SOEN (Solar Enertech) Total Current Assets: $8.21 Mil (As of Dec. 2011)

What is Solar Enertech Total Current Assets?

Solar Enertech SOEN -99.00% Total Current Assets is $8.21 Mil as of Dec. 2011.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Solar Enertech's total current assets for the quarter that ended in Dec. 2011 was $8.21 Mil.

Solar Enertech (OTCPK:SOEN) 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.

Solar Enertech's Liquidation Value for the quarter that ended in Dec. 2011 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.095	-	9.351	+	0.75 * 5.296	+	0.5 * 0.901
=	-3.83

* 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.

Solar Enertech Total Current Assets Related Terms

Solar Enertech Total Current Assets Historical Data

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The historical data trend for Solar Enertech's Total Current Assets can be seen below:

Solar Enertech Total Current Assets Chart

Solar Enertech Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Total Current Assets

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17.62

16.34

15.90

20.04

13.27

Solar Enertech Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Total Current Assets	Get a 7-Day Free Trial															17.25	13.45	16.52	13.27	8.21

Solar Enertech 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.

Solar Enertech's Total Current Assets for the fiscal year that ended in Sep. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.324	+	9.057	+	2.189	+	0.703
	=	13.27

Solar Enertech's Total Current Assets for the quarter that ended in Dec. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.095	+	5.714	+	0.901	+	0.497
	=	8.21

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 $8.21 Mil mean?

Solar Enertech (SOEN) has a Total Current Assets of $8.21 Mil as of Dec. 2011. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Solar Enertech and its competitors.

Is Solar Enertech's Total Current Assets too high?

Solar Enertech's current Total Current Assets is $8.21 Mil.

How does Solar Enertech's Total Current Assets compare to TRWRF and UCLE?

Solar Enertech's Total Current Assets of $8.21 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?

A good Total Current Assets depends on the Semiconductors 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 Solar Enertech and its competitors. Solar Enertech's current Total Current Assets is $8.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Solar Enertech stock overvalued right now?

Solar Enertech (SOEN) has a current Total Current Assets of $8.21 Mil. The current Total Current Assets is $8.21 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 Solar Enertech (SOEN), the current Total Current Assets is $8.21 Mil as of Dec. 2011. 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.

Solar Enertech Business Description

Industry Technology Semiconductors

Comparable Companies TRWRF UCLE VSUL SCND SMIT FLXT GIGA MKTY KRKNF ELSE SOTK AEMD DYSL TRCK TKOI MEEC ABIL EVSNF SNKOF LUNA

Address 655 West Evelyn Avenue, Suite 2, Mountain View, CA, USA, 94041

Website http://www.solarenertech.com

Solar Enertech Corp currently operates as a photovoltaic solar energy cell manufacturer.