Luby's (STU:LUB) Total Current Assets: $30.07 Mil (As of Aug. 2021)


What is Luby's Total Current Assets?

Luby's STU:LUB 10 Total Current Assets is $30.07 Mil as of Aug. 2021. GuruFocus rates STU:LUB with a GF Score™ of 10/100. The stock has 6 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Luby's's total current assets for the quarter that ended in Aug. 2021 was $30.07 Mil.

Luby's  (STU:LUB) 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.

Luby's's Liquidation Value for the quarter that ended in Aug. 2021 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=14.392-52.234+0.75 * 10.184+0.5 * 0
=-30.20

* 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.

Luby's Total Current Assets Related Terms

Luby's Total Current Assets Historical Data

* Premium members only.

The historical data trend for Luby's'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.

Luby's Total Current Assets Chart

Luby's Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.99 19.75 27.40 31.15 30.07

Luby's Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 31.15 235.60 232.00 26.37 30.07

Luby's 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.

Luby's's Total Current Assets for the fiscal year that ended in Aug. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=14.392+10.184+0+5.492
=30.07

Luby's's Total Current Assets for the quarter that ended in Aug. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=14.392+10.184+0+5.492
=30.07

* 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 $30.07 Mil mean?
Luby's (STU:LUB) has a Total Current Assets of $30.07 Mil as of Aug. 2021. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Luby's and its competitors.
Is Luby's' Total Current Assets too high?
Luby's' current Total Current Assets is $30.07 Mil. Overall, Luby's has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Luby's' Total Current Assets compare to BDL and ARKR?
Luby's' Total Current Assets of $30.07 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Total Current Assets depends on the Restaurants 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 Luby's and its competitors. Luby's's current Total Current Assets is $30.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luby's stock overvalued right now?
Luby's (STU:LUB) has a current Total Current Assets of $30.07 Mil. The current Total Current Assets is $30.07 Mil. Luby's' overall GF Score™ is 10/100 with 6 warning signs to review. 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 Luby's (STU:LUB), the current Total Current Assets is $30.07 Mil as of Aug. 2021. 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.

Luby's Business Description

Address 13111 Northwest Freeway, Suite 600, Houston, TX, USA, 77040
Luby's Inc is a multi-branded company that owns and operates restaurants in the United States. Its operating segments are Company-owned restaurants, which generate majority revenue; franchise operations; and Culinary Contract Services. The company-owned restaurant's segment consists of brands including Luby's Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names. It only offers franchises for the Fuddruckers brand. Franchises are sold in markets where expansion is deemed advantageous to the development of the Fuddruckers concept and system of restaurants. The CCS operation, branded as Luby's Culinary Contract Services, consists of a business line servicing healthcare and corporate dining clients.