UNDR (UnderSea Recovery) Total Current Assets: $0.03 Mil (As of Jan. 2006)


What is UnderSea Recovery Total Current Assets?

UnderSea Recovery UNDR Total Current Assets is $0.03 Mil as of Jan. 2006.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. UnderSea Recovery's total current assets for the quarter that ended in Jan. 2006 was $0.03 Mil.

UnderSea Recovery  (OTCPK:UNDR) 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.

UnderSea Recovery's Liquidation Value for the quarter that ended in Jan. 2006 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.002-0.65+0.75 * 0+0.5 * 0
=-0.65

* 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.

UnderSea Recovery Total Current Assets Related Terms

UnderSea Recovery Total Current Assets Historical Data

* Premium members only.

The historical data trend for UnderSea Recovery'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.

UnderSea Recovery Total Current Assets Chart

UnderSea Recovery Annual Data
Trend Dec99 Dec00 Apr02 Apr03 Apr04 Apr05
Total Current Assets
Get a 7-Day Free Trial 3.20 2.71 0.65 0.31 0.00

UnderSea Recovery Quarterly Data
Mar01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06
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 0.01 0.00 0.00 0.00 0.03

UnderSea Recovery 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.

UnderSea Recovery's Total Current Assets for the fiscal year that ended in Apr. 2005 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0+0+0
=0.00

UnderSea Recovery's Total Current Assets for the quarter that ended in Jan. 2006 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.002+0+0+0.025
=0.03

* 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 $0.03 Mil mean?
UnderSea Recovery (UNDR) has a Total Current Assets of $0.03 Mil as of Jan. 2006. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for UnderSea Recovery and its competitors.
Is UnderSea Recovery's Total Current Assets too high?
UnderSea Recovery's current Total Current Assets is $0.03 Mil.
How does UnderSea Recovery's Total Current Assets compare to IVFZF and PPMT?
UnderSea Recovery's Total Current Assets of $0.03 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Total Current Assets depends on the Business Services 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 UnderSea Recovery and its competitors. UnderSea Recovery's current Total Current Assets is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UnderSea Recovery stock overvalued right now?
UnderSea Recovery (UNDR) has a current Total Current Assets of $0.03 Mil. The current Total Current Assets is $0.03 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 UnderSea Recovery (UNDR), the current Total Current Assets is $0.03 Mil as of Jan. 2006. 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.

UnderSea Recovery Business Description

Address 2409 Chastain Drive, Atlanta, GA, USA, 30342
UnderSea Recovery Corp is a business service provider. The company is engaged in utilizing personnel and specialized vessels and equipment to engage in deep water search and recovery operations for historic shipwrecks.