SVSO (SheerVision) Total Current Assets: $0.68 Mil (As of May. 2010)


What is SheerVision Total Current Assets?

SheerVision SVSO Total Current Assets is $0.68 Mil as of May. 2010.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. SheerVision's total current assets for the quarter that ended in May. 2010 was $0.68 Mil.

SheerVision  (OTCPK:SVSO) 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.

SheerVision's Liquidation Value for the quarter that ended in May. 2010 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-1.658+0.75 * 0.136+0.5 * 0.458
=-1.33

* 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.

SheerVision Total Current Assets Related Terms

SheerVision Total Current Assets Historical Data

* Premium members only.

The historical data trend for SheerVision'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.

SheerVision Total Current Assets Chart

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 1.54 0.73 0.81 0.70

SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 0.71 0.70 0.58 0.65 0.68

SheerVision 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.

SheerVision's Total Current Assets for the fiscal year that ended in Aug. 2009 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.018+0.258+0.34+0.087
=0.70

SheerVision's Total Current Assets for the quarter that ended in May. 2010 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0.136+0.458+0.084
=0.68

* 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 $0.68 Mil mean?
SheerVision (SVSO) has a Total Current Assets of $0.68 Mil as of May. 2010. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for SheerVision and its competitors.
Is SheerVision's Total Current Assets too high?
SheerVision's current Total Current Assets is $0.68 Mil.
How does SheerVision's Total Current Assets compare to LENSF and WHSI?
SheerVision's Total Current Assets of $0.68 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Total Current Assets depends on the Medical Devices & Instruments 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 SheerVision and its competitors. SheerVision's current Total Current Assets is $0.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SheerVision stock overvalued right now?
SheerVision (SVSO) has a current Total Current Assets of $0.68 Mil. The current Total Current Assets is $0.68 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 SheerVision (SVSO), the current Total Current Assets is $0.68 Mil as of May. 2010. 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.

SheerVision Business Description

Address 4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.