Amica Mature Lifestyles (TSX:ACC) Total Current Assets : C$9.0 Mil (As of Aug. 2015)

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What is Amica Mature Lifestyles Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Amica Mature Lifestyles's total current assets for the quarter that ended in Aug. 2015 was C$9.0 Mil.

Amica Mature Lifestyles Total Current Assets Historical Data

The historical data trend for Amica Mature Lifestyles'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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Amica Mature Lifestyles Total Current Assets Chart

Amica Mature Lifestyles Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

May13

May14

May15

Total Current Assets

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16.45

36.98

13.71

10.75

8.31

Amica Mature Lifestyles Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Total Current Assets	Get a 7-Day Free Trial															10.62	10.50	10.92	8.31	9.02

Amica Mature Lifestyles 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.

Amica Mature Lifestyles's Total Current Assets for the fiscal year that ended in May. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.749	+	3.091	+	0	+	1.466
	=	8.3

Amica Mature Lifestyles's Total Current Assets for the quarter that ended in Aug. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.929	+	2.783	+	0	+	2.31
	=	9.0

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.

Amica Mature Lifestyles (TSX:ACC) 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.

Amica Mature Lifestyles's Liquidation Value for the quarter that ended in Aug. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.929	-	531.636	+	0.75 * 0	+	0.5 * 0
=	-527.7

Amica Mature Lifestyles Total Current Assets Related Terms

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Amica Mature Lifestyles (TSX:ACC) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Amica Mature Lifestyles Inc (TSX:ACC) » Definitions » Total Current Assets

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Address

Website

http://www.amica.ca

Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.