ZDEC (Zenovia Digital Exchange) Total Current Assets: $0.36 Mil (As of Mar. 2015)


What is Zenovia Digital Exchange Total Current Assets?

Zenovia Digital Exchange ZDEC Total Current Assets is $0.36 Mil as of Mar. 2015.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zenovia Digital Exchange's total current assets for the quarter that ended in Mar. 2015 was $0.36 Mil.

Zenovia Digital Exchange  (OTCPK:ZDEC) 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.

Zenovia Digital Exchange's Liquidation Value for the quarter that ended in Mar. 2015 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.041-0.21+0.75 * 0+0.5 * 0
=-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.

Zenovia Digital Exchange Total Current Assets Related Terms

Zenovia Digital Exchange Total Current Assets Historical Data

* Premium members only.

The historical data trend for Zenovia Digital Exchange'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.

Zenovia Digital Exchange Total Current Assets Chart

Zenovia Digital Exchange Annual Data
Trend Dec12 Dec13 Dec14
Total Current Assets
0.02 0.04 0.06

Zenovia Digital Exchange Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 0.04 0.06 0.08 0.06 0.36

Zenovia Digital Exchange 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.

Zenovia Digital Exchange's Total Current Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.045+0.008+0+0.002
=0.06

Zenovia Digital Exchange's Total Current Assets for the quarter that ended in Mar. 2015 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.041+0.015+0+0.306
=0.36

* 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 $0.36 Mil mean?
Zenovia Digital Exchange (ZDEC) has a Total Current Assets of $0.36 Mil as of Mar. 2015. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Zenovia Digital Exchange and its competitors.
Is Zenovia Digital Exchange's Total Current Assets too high?
Zenovia Digital Exchange's current Total Current Assets is $0.36 Mil.
How does Zenovia Digital Exchange's Total Current Assets compare to EPXY and STTH?
Zenovia Digital Exchange's Total Current Assets of $0.36 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 Zenovia Digital Exchange and its competitors. Zenovia Digital Exchange's current Total Current Assets is $0.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenovia Digital Exchange stock overvalued right now?
Zenovia Digital Exchange (ZDEC) has a current Total Current Assets of $0.36 Mil. The current Total Current Assets is $0.36 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 Zenovia Digital Exchange (ZDEC), the current Total Current Assets is $0.36 Mil as of Mar. 2015. 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.

Zenovia Digital Exchange Business Description

Address 3141 Fairview Park Drive, Suite 160, Falls Church, VA, USA, 22042
Zenovia Digital Exchange Corp designs and assembles motorsport racing vehicles for its own use and plans to compete in organized racing events. The company generates revenue from the leasing of race truck chassis and its motor coach to motorsports organizations competing in the NASACAR Camping World Truck Series.