Straight Path Communications (Straight Path Communications) Total Current Assets : $9.57 Mil (As of Oct. 2017)

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What is Straight Path Communications Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Straight Path Communications's total current assets for the quarter that ended in Oct. 2017 was $9.57 Mil.

Straight Path Communications Total Current Assets Historical Data

The historical data trend for Straight Path Communications'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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Straight Path Communications Total Current Assets Chart

Straight Path Communications Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Total Current Assets

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15.15

28.78

19.76

13.03

10.30

Straight Path Communications Quarterly Data
	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17
Total Current Assets	Get a 7-Day Free Trial															11.24	9.44	16.51	10.30	9.57

Straight Path Communications 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.

Straight Path Communications's Total Current Assets for the fiscal year that ended in Jul. 2017 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8.535	+	0.051	+	1.588	+	0.121
	=	10.30

Straight Path Communications's Total Current Assets for the quarter that ended in Oct. 2017 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	7.559	+	0.025	+	1.588	+	0.402
	=	9.57

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.

Straight Path Communications (AMEX:STRP) 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.

Straight Path Communications's Liquidation Value for the quarter that ended in Oct. 2017 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.559	-	30.377	+	0.75 * 0.025	+	0.5 * 1.588
=	-22.01

Straight Path Communications Total Current Assets Related Terms

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Straight Path Communications (Straight Path Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Straight Path Communications Inc (AMEX:STRP) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.spathinc.com

Straight Path Communications Inc provides services to internet service and telecommunications providers. It holds licenses for fixed wireless spectrum in the United States, providing broad geographic coverage. The company has Straight path spectrum and Straight path IP group business segments. Straight path spectrum segment covers holding, leasing and marketing of fixed and mobile wireless spectrum. Straigh path IP group segment consists of holding intellectual property mainly related to communications and licensing and other businesses related to intellectual property. The firm generates majority of its revenues from its Straight path spectrum segment.

Executives

Fred S Zeidman	director	109 NORTH POST OAK LANE, SUITE 422, HOUSTON TX 77024
Howard S Jonas	10 percent owner
William F Weld	director	C/O LEEDS WELD & CO, 660 MADISON AVE 15TH FLOOR, NEW YORK NY 10021
Miller Lloyd I Iii	other: Former 10% Owner
Idt Corp	10 percent owner	520 BROAD STREET, NEWARK NJ 07102

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