STYS (Stinger Systems) Total Current Assets: $0.49 Mil (As of Sep. 2009)


What is Stinger Systems Total Current Assets?

Stinger Systems STYS -99.00% Total Current Assets is $0.49 Mil as of Sep. 2009.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Stinger Systems's total current assets for the quarter that ended in Sep. 2009 was $0.49 Mil.

Stinger Systems  (OTCPK:STYS) 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.

Stinger Systems's Liquidation Value for the quarter that ended in Sep. 2009 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.02-10.394+0.75 * 0.069+0.5 * 0.183
=-10.23

* 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.

Stinger Systems Total Current Assets Related Terms

Stinger Systems Total Current Assets Historical Data

* Premium members only.

The historical data trend for Stinger Systems'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.

Stinger Systems Total Current Assets Chart

Stinger Systems Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Total Current Assets
3.29 0.50 0.59 1.27

Stinger Systems Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 2.97 1.27 0.61 0.49 0.49

Stinger Systems 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.

Stinger Systems's Total Current Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.7+0.075+0.239+0.255
=1.27

Stinger Systems's Total Current Assets for the quarter that ended in Sep. 2009 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.02+0.069+0.183+0.213
=0.49

* 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 $0.49 Mil mean?
Stinger Systems (STYS) has a Total Current Assets of $0.49 Mil as of Sep. 2009. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Stinger Systems and its competitors.
Is Stinger Systems' Total Current Assets too high?
Stinger Systems' current Total Current Assets is $0.49 Mil.
How does Stinger Systems' Total Current Assets compare to MDEX and NEIK?
Stinger Systems' Total Current Assets of $0.49 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Total Current Assets depends on the Aerospace & Defense 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 Stinger Systems and its competitors. Stinger Systems's current Total Current Assets is $0.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stinger Systems stock overvalued right now?
Stinger Systems (STYS) has a current Total Current Assets of $0.49 Mil. The current Total Current Assets is $0.49 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 Stinger Systems (STYS), the current Total Current Assets is $0.49 Mil as of Sep. 2009. 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.

Stinger Systems Business Description

Address 5505 Johns Road, Suite 702, Tampa, FL, USA, 33634
Stinger Systems Inc is engaged in the production and sale of electronic stun devices for the control of, and to provide temporary incapacitation of, potentially dangerous persons.