XCOMQ (Xtera Communications) Total Current Assets: $35.23 Mil (As of Jun. 2016)

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What is Xtera Communications Total Current Assets?

Xtera Communications XCOMQ -99.00% Total Current Assets is $35.23 Mil as of Jun. 2016.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Xtera Communications's total current assets for the quarter that ended in Jun. 2016 was $35.23 Mil.

Xtera Communications  (OTCPK:XCOMQ) 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.

Xtera Communications's Liquidation Value for the quarter that ended in Jun. 2016 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.614-59.452+0.75 * 5.198+0.5 * 11.724
=-49.08

* 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.

Xtera Communications Total Current Assets Related Terms

Xtera Communications Total Current Assets Historical Data

* Premium members only.

The historical data trend for Xtera Communications'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.

Xtera Communications Total Current Assets Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
Total Current Assets
29.89 22.24 28.08

Xtera Communications Quarterly Data
Sep13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Total Current Assets Get a 7-Day Free Trial Premium Member Only 23.33 28.08 40.20 43.13 35.23

Xtera Communications 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.

Xtera Communications's Total Current Assets for the fiscal year that ended in Sep. 2015 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.753+12.699+10.54+3.085
=28.08

Xtera Communications's Total Current Assets for the quarter that ended in Jun. 2016 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.614+16.461+11.724+6.43
=35.23

* 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 $35.23 Mil mean?
Xtera Communications (XCOMQ) has a Total Current Assets of $35.23 Mil as of Jun. 2016. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Xtera Communications and its competitors.
Is Xtera Communications' Total Current Assets too high?
Xtera Communications' current Total Current Assets is $35.23 Mil.
How does Xtera Communications' Total Current Assets compare to TAIT and AEY?
Xtera Communications' Total Current Assets of $35.23 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Current Assets depends on the Hardware 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 Xtera Communications and its competitors. Xtera Communications's current Total Current Assets is $35.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtera Communications stock overvalued right now?
Xtera Communications (XCOMQ) has a current Total Current Assets of $35.23 Mil. The current Total Current Assets is $35.23 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 Xtera Communications (XCOMQ), the current Total Current Assets is $35.23 Mil as of Jun. 2016. 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.

Xtera Communications Business Description

Address 500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.