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Alabama Aircraft Industries (Alabama Aircraft Industries) Total Current Assets : $22.91 Mil (As of Dec. 2008)


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What is Alabama Aircraft Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Alabama Aircraft Industries's total current assets for the quarter that ended in Dec. 2008 was $22.91 Mil.

Alabama Aircraft Industries Total Current Assets Historical Data

The historical data trend for Alabama Aircraft Industries'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.

* Premium members only.

Alabama Aircraft Industries Total Current Assets Chart

Alabama Aircraft Industries Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.22 48.75 48.27 28.62 22.91

Alabama Aircraft Industries Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 28.62 31.49 27.37 22.63 22.91

Alabama Aircraft Industries 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.

Alabama Aircraft Industries's Total Current Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=7.612+6.691+5.092+3.518
=22.91

Alabama Aircraft Industries's Total Current Assets for the quarter that ended in Dec. 2008 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=7.612+6.691+5.092+3.518
=22.91

* 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.

Alabama Aircraft Industries  (OTCPK:AAIIQ) 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.

Alabama Aircraft Industries's Liquidation Value for the quarter that ended in Dec. 2008 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.612-51.098+0.75 * 6.691+0.5 * 5.092
=-35.92

* 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.

Alabama Aircraft Industries Total Current Assets Related Terms

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Alabama Aircraft Industries (Alabama Aircraft Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Alabama Aircraft Industries Inc (OTCPK:AAIIQ) » Definitions » Total Current Assets
Comparable Companies
BOM:509563 NEIK MDEX SGX:5RC MKRS OCSE:ROV SGX:BEZ BOM:517494 ASDN BOM:537669 XSAT:AERW B OSL:HYARD BOM:504176 TSXV:BPLI PSSR UAVS BOM:522229 BSE:SNO XCNQ:SNA ASTC
Traded in Other Exchanges
N/A
Address
1943 North 50th Street, Birmingham, AL, USA, 35212
Website
http://www.pemcoair.com
Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.
Executives
Hugh Steven Wilson director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Tennenbaum director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Robert Eugene Joyal director 352 WARDNER ROAD, WEST WINDSOR VT 05089
Tennenbaum Capital Partners Llc 10 percent owner 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Tennenbaum & Co Llc 10 percent owner 1999 AVENUE OF THE STARS, LOS ANGELES CA 90067-6100
Peter Thiel other: See Footnote (1) 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069

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