ULSP (Ultimate Sports Entertainment) Total Current Assets: $0.02 Mil (As of Oct. 2002)


What is Ultimate Sports Entertainment Total Current Assets?

Ultimate Sports Entertainment ULSP Total Current Assets is $0.02 Mil as of Oct. 2002.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ultimate Sports Entertainment's total current assets for the quarter that ended in Oct. 2002 was $0.02 Mil.

Ultimate Sports Entertainment  (OTCPK:ULSP) 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.

Ultimate Sports Entertainment's Liquidation Value for the quarter that ended in Oct. 2002 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-2.927+0.75 * 0.009+0.5 * 0.006
=-2.92

* 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.

Ultimate Sports Entertainment Total Current Assets Related Terms

Ultimate Sports Entertainment Total Current Assets Historical Data

* Premium members only.

The historical data trend for Ultimate Sports Entertainment'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.

Ultimate Sports Entertainment Total Current Assets Chart

Ultimate Sports Entertainment Annual Data
Trend Jan00 Jan01 Jan02
Total Current Assets
0.12 0.00 0.01

Ultimate Sports Entertainment Quarterly Data
Jan00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.01 0.03 0.15 0.02

Ultimate Sports Entertainment 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.

Ultimate Sports Entertainment's Total Current Assets for the fiscal year that ended in Jan. 2002 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0.001+0.011+0
=0.01

Ultimate Sports Entertainment's Total Current Assets for the quarter that ended in Oct. 2002 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0.009+0.006+0.001
=0.02

* 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 $0.02 Mil mean?
Ultimate Sports Entertainment (ULSP) has a Total Current Assets of $0.02 Mil as of Oct. 2002. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Ultimate Sports Entertainment and its competitors.
Is Ultimate Sports Entertainment's Total Current Assets too high?
Ultimate Sports Entertainment's current Total Current Assets is $0.02 Mil.
How does Ultimate Sports Entertainment's Total Current Assets compare to GPIW and FRLF?
Ultimate Sports Entertainment's Total Current Assets of $0.02 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Total Current Assets depends on the Media - Diversified 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 Ultimate Sports Entertainment and its competitors. Ultimate Sports Entertainment's current Total Current Assets is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Sports Entertainment stock overvalued right now?
Ultimate Sports Entertainment (ULSP) has a current Total Current Assets of $0.02 Mil. The current Total Current Assets is $0.02 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 Ultimate Sports Entertainment (ULSP), the current Total Current Assets is $0.02 Mil as of Oct. 2002. 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.

Ultimate Sports Entertainment Business Description