Advance Equity Holding AD Sofia (XBUL:ADVE) Total Current Assets: лв10.57 Mil (As of Sep. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Advance Equity Holding AD Sofia Total Current Assets?

Advance Equity Holding AD Sofia XBUL:ADVE Total Current Assets is лв10.57 Mil as of Sep. 2019.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Advance Equity Holding AD Sofia's total current assets for the quarter that ended in Sep. 2019 was лв10.57 Mil.

Advance Equity Holding AD Sofia  (XBUL:ADVE) 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.

Advance Equity Holding AD Sofia's Liquidation Value for the quarter that ended in Sep. 2019 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.142-18.99+0.75 * 0.881+0.5 * 4.942
=-15.72

* 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.

Advance Equity Holding AD Sofia Total Current Assets Related Terms

Advance Equity Holding AD Sofia Total Current Assets Historical Data

* Premium members only.

The historical data trend for Advance Equity Holding AD Sofia'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.

Advance Equity Holding AD Sofia Total Current Assets Chart

Advance Equity Holding AD Sofia Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Current Assets
Get a 7-Day Free Trial 15.94 22.69 17.73 17.03 7.54

Advance Equity Holding AD Sofia Quarterly Data
Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19
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 20.31 18.13 7.54 11.61 10.57

Advance Equity Holding AD Sofia 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.

Advance Equity Holding AD Sofia'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
=0.153+5.358+1.987+0.041
=7.54

Advance Equity Holding AD Sofia's Total Current Assets for the quarter that ended in Sep. 2019 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.142+5.257+4.942+0.226
=10.57

* 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 лв10.57 Mil mean?
Advance Equity Holding AD Sofia (XBUL:ADVE) has a Total Current Assets of лв10.57 Mil as of Sep. 2019. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Advance Equity Holding AD Sofia and its competitors.
Is Advance Equity Holding AD Sofia's Total Current Assets too high?
Advance Equity Holding AD Sofia's current Total Current Assets is лв10.57 Mil.
How does Advance Equity Holding AD Sofia's Total Current Assets compare to MILC?
Advance Equity Holding AD Sofia's Total Current Assets of лв10.57 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Total Current Assets depends on the Asset Management 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 Advance Equity Holding AD Sofia and its competitors. Advance Equity Holding AD Sofia's current Total Current Assets is лв10.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Equity Holding AD Sofia stock overvalued right now?
Advance Equity Holding AD Sofia (XBUL:ADVE) has a current Total Current Assets of лв10.57 Mil. The current Total Current Assets is лв10.57 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 Advance Equity Holding AD Sofia (XBUL:ADVE), the current Total Current Assets is лв10.57 Mil as of Sep. 2019. 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.

Advance Equity Holding AD Sofia Business Description

Address Boulevard Hristo Botev No. 57 6, Sofia, BGR, 1303
Advance Equity Holding AD Sofia is an investment company. The company focuses its investments on new start-up companies that have high growth potential.