WRIT (WRIT Media Group) Total Current Assets: $1.23 Mil (As of Dec. 2017)

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What is WRIT Media Group Total Current Assets?

WRIT Media Group WRIT Total Current Assets is $1.23 Mil as of Dec. 2017.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. WRIT Media Group's total current assets for the quarter that ended in Dec. 2017 was $1.23 Mil.

WRIT Media Group  (OTCPK:WRIT) 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.

WRIT Media Group's Liquidation Value for the quarter that ended in Dec. 2017 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.262-1.827+0.75 * 0.969+0.5 * 0
=-0.84

* 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.

WRIT Media Group Total Current Assets Related Terms

WRIT Media Group Total Current Assets Historical Data

* Premium members only.

The historical data trend for WRIT Media Group'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.

WRIT Media Group Total Current Assets Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.06 0.00 0.00 0.01

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.02 0.01 0.01 0.05 1.23

WRIT Media Group 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.

WRIT Media Group's Total Current Assets for the fiscal year that ended in Mar. 2017 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.008+0+0+0.001
=0.01

WRIT Media Group's Total Current Assets for the quarter that ended in Dec. 2017 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.262+0.969+0+2.2204460492503E-16
=1.23

* 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 $1.23 Mil mean?
WRIT Media Group (WRIT) has a Total Current Assets of $1.23 Mil as of Dec. 2017. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for WRIT Media Group and its competitors.
Is WRIT Media Group's Total Current Assets too high?
WRIT Media Group's current Total Current Assets is $1.23 Mil.
How does WRIT Media Group's Total Current Assets compare to ASKH and AFOM?
WRIT Media Group's Total Current Assets of $1.23 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Total Current Assets depends on the Media - Diversified 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 WRIT Media Group and its competitors. WRIT Media Group's current Total Current Assets is $1.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WRIT Media Group stock overvalued right now?
WRIT Media Group (WRIT) has a current Total Current Assets of $1.23 Mil. The current Total Current Assets is $1.23 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 WRIT Media Group (WRIT), the current Total Current Assets is $1.23 Mil as of Dec. 2017. 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.

WRIT Media Group Business Description

Address 1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. The company is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, that produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D) for initial digital broadcast into digitally-enabled movie theatres. The company also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.