UVSE (Universal Energy) Total Current Assets: $0.04 Mil (As of Sep. 2009)

What is Universal Energy Total Current Assets?

Universal Energy UVSE -98.00% Total Current Assets is $0.04 Mil as of Sep. 2009.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Universal Energy's total current assets for the quarter that ended in Sep. 2009 was $0.04 Mil.

Universal Energy (OTCPK:UVSE) 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.

Universal Energy's Liquidation Value for the quarter that ended in Sep. 2009 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.006	-	2.353	+	0.75 * 0.036	+	0.5 * 0
=	-2.32

* 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.

Universal Energy Total Current Assets Related Terms

Universal Energy Total Current Assets Historical Data

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The historical data trend for Universal Energy's Total Current Assets can be seen below:

Universal Energy Total Current Assets Chart

Universal Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Total Current Assets

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0.02

0.00

0.50

0.88

0.40

Universal Energy Quarterly Data
	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
Total Current Assets	Get a 7-Day Free Trial															0.06	0.40	0.27	0.20	0.04

Universal Energy 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.

Universal Energy's Total Current Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.083	+	0.116	+	0	+	0.204
	=	0.40

Universal Energy's Total Current Assets for the quarter that ended in Sep. 2009 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.006	+	0.036	+	0	+	0.001
	=	0.04

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 $0.04 Mil mean?

Universal Energy (UVSE) has a Total Current Assets of $0.04 Mil as of Sep. 2009. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Universal Energy and its competitors.

Is Universal Energy's Total Current Assets too high?

Universal Energy's current Total Current Assets is $0.04 Mil.

How does Universal Energy's Total Current Assets compare to CEI and MKSEF?

Universal Energy's Total Current Assets of $0.04 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good Total Current Assets depends on the Oil & Gas 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 Universal Energy and its competitors. Universal Energy's current Total Current Assets is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Universal Energy stock overvalued right now?

Universal Energy (UVSE) has a current Total Current Assets of $0.04 Mil. The current Total Current Assets is $0.04 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 Universal Energy (UVSE), the current Total Current Assets is $0.04 Mil as of Sep. 2009. 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.

Universal Energy Business Description

Industry Energy Oil & Gas

Comparable Companies CEI MKSEF SOIGF ORIG PGNPQ GULTU PACD JSPRF NADL FOEAY PHXHF AWLCF ICD PES ARHVF SDRL GUKYF SDLP TDGCF SBR

Address 1540 International Parkway, Suite 200, Lake Mary, FL, USA, 32746

Website http://www.universalenergycorp.info

Universal Energy Corp is an independent energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.