UMLS (Ultimate Lifestyle) Total Current Assets: $38.1 Mil (As of Jun. 2001)


What is Ultimate Lifestyle Total Current Assets?

Ultimate Lifestyle UMLS Total Current Assets is $38.1 Mil as of Jun. 2001.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ultimate Lifestyle's total current assets for the quarter that ended in Jun. 2001 was $38.1 Mil.

Ultimate Lifestyle  (OTCPK:UMLS) 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 Lifestyle's Liquidation Value for the quarter that ended in Jun. 2001 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.865-74.126+0.75 * 20.693+0.5 * 3.886
=-54.8

* 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 Lifestyle Total Current Assets Related Terms

Ultimate Lifestyle Total Current Assets Historical Data

* Premium members only.

The historical data trend for Ultimate Lifestyle'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 Lifestyle Total Current Assets Chart

Ultimate Lifestyle Annual Data
Trend Apr98 Dec99 Dec00
Total Current Assets
0.00 103.09 59.96

Ultimate Lifestyle Quarterly Data
Jul97 Oct97 Jan98 Apr98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01
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 79.73 79.27 59.96 55.03 38.15

Ultimate Lifestyle 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 Lifestyle's Total Current Assets for the fiscal year that ended in Dec. 2000 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.367+38.455+4.785+14.349
=60.0

Ultimate Lifestyle's Total Current Assets for the quarter that ended in Jun. 2001 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.865+24.136+3.886+8.259
=38.1

* 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 $38.1 Mil mean?
Ultimate Lifestyle (UMLS) has a Total Current Assets of $38.1 Mil as of Jun. 2001. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Ultimate Lifestyle and its competitors.
Is Ultimate Lifestyle's Total Current Assets too high?
Ultimate Lifestyle's current Total Current Assets is $38.1 Mil.
How does Ultimate Lifestyle's Total Current Assets compare to FCHAF and CRFQF?
Ultimate Lifestyle's Total Current Assets of $38.1 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Total Current Assets depends on the Real Estate 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 Lifestyle and its competitors. Ultimate Lifestyle's current Total Current Assets is $38.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Lifestyle stock overvalued right now?
Ultimate Lifestyle (UMLS) has a current Total Current Assets of $38.1 Mil. The current Total Current Assets is $38.1 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 Lifestyle (UMLS), the current Total Current Assets is $38.1 Mil as of Jun. 2001. 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 Lifestyle Business Description

Address 375 North Stephanie Street, Suite 1411, Hendersen, NV, USA, 89014-8909
Ultimate Lifestyle Corp offers offers a share in luxurious and exclusive vacation homes either on full-time or shared ownership basis.