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


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What is Solar Enertech Total Current Assets?

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 Total Current Assets Historical Data

The historical data trend for Solar Enertech'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.

* Premium members only.

Solar Enertech Total Current Assets Chart

Solar Enertech Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Total Current Assets
Get a 7-Day Free Trial 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 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 Premium Member Only Premium Member Only 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

* 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.

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

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Solar Enertech (Solar Enertech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solar Enertech Corp (OTCPK:SOEN) » Definitions » Total Current Assets
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Traded in Other Exchanges
N/A
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.
Executives
David Anthony director 200 LUDLOW DRIVE, EWING NJ 08638
David Gelbaum 10 percent owner, other: Co-Trustee 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Monica Chavez Gelbaum 10 percent owner, other: Co-Trustee 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Quercus Trust 10 percent owner 2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Select Llc 10 percent owner 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lcg Select Offshore Ltd 10 percent owner PO BOX 309GT UGLAND HOUSE SOUTH CHURCH S, GEORGE TOWN, GRAND CAYAMAN CAYMAN E9 00000

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