VSST (Voice Assist) Total Current Assets: $0.11 Mil (As of Sep. 2013)


What is Voice Assist Total Current Assets?

Voice Assist VSST -26.44% Total Current Assets is $0.11 Mil as of Sep. 2013.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Voice Assist's total current assets for the quarter that ended in Sep. 2013 was $0.11 Mil.

Voice Assist  (OTCPK:VSST) 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.

Voice Assist's Liquidation Value for the quarter that ended in Sep. 2013 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.063-1.815+0.75 * 0.028+0.5 * 0
=-1.73

* 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.

Voice Assist Total Current Assets Related Terms

Voice Assist Total Current Assets Historical Data

* Premium members only.

The historical data trend for Voice Assist'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.

Voice Assist Total Current Assets Chart

Voice Assist Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Total Current Assets
0.00 0.01 0.70 0.28 0.20

Voice Assist Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.21 0.20 0.10 0.08 0.11

Voice Assist 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.

Voice Assist's Total Current Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.051+0.08+0+0.068
=0.20

Voice Assist's Total Current Assets for the quarter that ended in Sep. 2013 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.063+0.028+0+0.023
=0.11

* 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 $0.11 Mil mean?
Voice Assist (VSST) has a Total Current Assets of $0.11 Mil as of Sep. 2013. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Voice Assist and its competitors.
Is Voice Assist's Total Current Assets too high?
Voice Assist's current Total Current Assets is $0.11 Mil.
How does Voice Assist's Total Current Assets compare to FULO and DIRV?
Voice Assist's Total Current Assets of $0.11 Mil can be compared against companies in the Software 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 Software company?
A good Total Current Assets depends on the Software 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 Voice Assist and its competitors. Voice Assist's current Total Current Assets is $0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voice Assist stock overvalued right now?
Voice Assist (VSST) has a current Total Current Assets of $0.11 Mil. The current Total Current Assets is $0.11 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 Voice Assist (VSST), the current Total Current Assets is $0.11 Mil as of Sep. 2013. 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.

Voice Assist Business Description

Address Raoul Wallenberg Street 20, Tel Aviv, ISR, 6971916
Voice Assist Inc provides hosted software services used by small business clients and individual salespeople and/or mobile professionals. Its technology originally focused on the use of voice commands to text, email, tweet, post, call, retrieve messages, manage communications and interact with CRM services by allowing them to read, write to databases by voice. The company is currently considering the completion and distribution of a music composition app. In addition, the company also holds an option to purchase 3 placer gold mining claims in the Spring Valley Mining District, Pershing County, Nevada.