VDKB (Vodka Brands) Total Current Assets: $0.17 Mil (As of Dec. 2018)


What is Vodka Brands Total Current Assets?

Vodka Brands VDKB Total Current Assets is $0.17 Mil as of Dec. 2018.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vodka Brands's total current assets for the quarter that ended in Dec. 2018 was $0.17 Mil.

Vodka Brands  (OTCPK:VDKB) 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.

Vodka Brands's Liquidation Value for the quarter that ended in Dec. 2018 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.003-0.304+0.75 * 0.035+0.5 * 0.136
=-0.21

* 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.

Vodka Brands Total Current Assets Related Terms

Vodka Brands Total Current Assets Historical Data

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The historical data trend for Vodka Brands'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.

Vodka Brands Total Current Assets Chart

Vodka Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Total Current Assets
0.16 0.14 0.12 0.17 0.17

Vodka Brands Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 0.12 0.13 0.12 0.17 0.17

Vodka Brands 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.

Vodka Brands's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.003+0.035+0.136+-2.7755575615629E-17
=0.17

Vodka Brands's Total Current Assets for the quarter that ended in Dec. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.003+0.035+0.136+-2.7755575615629E-17
=0.17

* 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 $0.17 Mil mean?
Vodka Brands (VDKB) has a Total Current Assets of $0.17 Mil as of Dec. 2018. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Vodka Brands and its competitors.
Is Vodka Brands' Total Current Assets too high?
Vodka Brands' current Total Current Assets is $0.17 Mil.
How does Vodka Brands' Total Current Assets compare to JCTG and EAST?
Vodka Brands' Total Current Assets of $0.17 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Total Current Assets depends on the Beverages - Alcoholic 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 Vodka Brands and its competitors. Vodka Brands's current Total Current Assets is $0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodka Brands stock overvalued right now?
Vodka Brands (VDKB) has a current Total Current Assets of $0.17 Mil. The current Total Current Assets is $0.17 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 Vodka Brands (VDKB), the current Total Current Assets is $0.17 Mil as of Dec. 2018. 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.

Vodka Brands Business Description

Address 1 Desiderio Way, McKees Rocks, PA, USA, 15136
Vodka Brands Corp is engaged in the business of developing, marketing, importing, and distributing vodka products. The company markets and sells its products under the Blue diamond and Diamond girl brand names. Its products are sold to wholesale distributors as well as state alcohol beverage control products in the U.S.