SPGZ (Spectrum Group International) Total Current Assets: $315 Mil (As of Dec. 2013)


What is Spectrum Group International Total Current Assets?

Spectrum Group International SPGZ Total Current Assets is $315 Mil as of Dec. 2013.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Spectrum Group International's total current assets for the quarter that ended in Dec. 2013 was $315 Mil.

Spectrum Group International  (OTCPK:SPGZ) 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.

Spectrum Group International's Liquidation Value for the quarter that ended in Dec. 2013 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=16.918-272.872+0.75 * 48.579+0.5 * 182.63
=-128

* 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.

Spectrum Group International Total Current Assets Related Terms

Spectrum Group International Total Current Assets Historical Data

* Premium members only.

The historical data trend for Spectrum Group International'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.

Spectrum Group International Total Current Assets Chart

Spectrum Group International Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 197.27 217.19 341.55 362.13 339.88

Spectrum Group International Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 309.34 264.66 339.88 325.20 314.78

Spectrum Group International 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.

Spectrum Group International's Total Current Assets for the fiscal year that ended in Jun. 2013 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=23.643+106.605+188.253+21.374
=340

Spectrum Group International's Total Current Assets for the quarter that ended in Dec. 2013 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=16.918+89.393+182.63+25.835
=315

* 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 $315 Mil mean?
Spectrum Group International (SPGZ) has a Total Current Assets of $315 Mil as of Dec. 2013. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Spectrum Group International and its competitors.
Is Spectrum Group International's Total Current Assets too high?
Spectrum Group International's current Total Current Assets is $315 Mil.
How does Spectrum Group International's Total Current Assets compare to KIRK and LIVE?
Spectrum Group International's Total Current Assets of $315 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Total Current Assets depends on the Retail - Cyclical 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 Spectrum Group International and its competitors. Spectrum Group International's current Total Current Assets is $315 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Group International stock overvalued right now?
Spectrum Group International (SPGZ) has a current Total Current Assets of $315 Mil. The current Total Current Assets is $315 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 Spectrum Group International (SPGZ), the current Total Current Assets is $315 Mil as of Dec. 2013. 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.

Spectrum Group International Business Description

Address 1063 McGaw Avenue, Suite 250, Irvine, CA, USA, 92614
Spectrum Group International Inc is an auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. It operates in two segments: Trading and Collectibles.