Tongxin International (Tongxin International) Total Current Assets : $64.23 Mil (As of Dec. 2010)

View and export this data going back to 2006. Start your Free Trial

What is Tongxin International Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tongxin International's total current assets for the quarter that ended in Dec. 2010 was $64.23 Mil.

Tongxin International Total Current Assets Historical Data

The historical data trend for Tongxin International'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.

* Premium members only.

Tongxin International Total Current Assets Chart

Tongxin International Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec14

Total Current Assets

Get a 7-Day Free Trial

60.83

74.72

67.55

64.23

55.20

Tongxin International Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec14
Total Current Assets	Get a 7-Day Free Trial			60.83	74.72	67.55	64.23	55.20

Tongxin International 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.

Tongxin International's Total Current Assets for the fiscal year that ended in Dec. 2010 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	9.935	+	22.77	+	27.425	+	4.097
	=	64.23

Tongxin International's Total Current Assets for the quarter that ended in Dec. 2010 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	9.935	+	22.77	+	27.425	+	4.097
	=	64.23

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.

Tongxin International (OTCPK:TXIC) 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.

Tongxin International's Liquidation Value for the quarter that ended in Dec. 2010 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	9.935	-	72.918	+	0.75 * 13.191	+	0.5 * 27.425
=	-39.38

Tongxin International Total Current Assets Related Terms

Thank you for viewing the detailed overview of Tongxin International's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Tongxin International (Tongxin International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tongxin International Ltd (OTCPK:TXIC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hunan Tongxin, Changsha, Hunan Province, Jiangbei, CHN, 410135

Website

http://www.txicint.com

Tongxin International Ltd is an independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Further, the company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process.

Tongxin International (Tongxin International) Headlines

No Headlines