CBM Asia Development (CBM Asia Development) Total Current Assets : $1.58 Mil (As of Sep. 2013)

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What is CBM Asia Development Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. CBM Asia Development's total current assets for the quarter that ended in Sep. 2013 was $1.58 Mil.

CBM Asia Development Total Current Assets Historical Data

The historical data trend for CBM Asia Development'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.

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CBM Asia Development Total Current Assets Chart

CBM Asia Development Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Total Current Assets

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3.13

3.90

1.62

1.88

3.34

CBM Asia Development Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Total Current Assets	Get a 7-Day Free Trial															6.74	3.34	2.17	1.44	1.58

CBM Asia Development 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.

CBM Asia Development's Total Current Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.894	+	0.03	+	0	+	1.412
	=	3.34

CBM Asia Development's Total Current Assets for the quarter that ended in Sep. 2013 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.336	+	0.16	+	0	+	1.087
	=	1.58

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.

CBM Asia Development (OTCPK:CBMDF) 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.

CBM Asia Development's Liquidation Value for the quarter that ended in Sep. 2013 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.336	-	2.025	+	0.75 * 0.16	+	0.5 * 0
=	-1.57

CBM Asia Development Total Current Assets Related Terms

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CBM Asia Development (CBM Asia Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CBM Asia Development Corp (OTCPK:CBMDF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

5626 Larch Street, Suite 404, Vancouver, BC, CAN, V6M 4E1

Website

http://www.cbmasia.ca

CBM Asia Development Corp is engaged in the exploration and development of its interests in gas properties in Indonesia and has not yet determined whether these properties contain reserves that are economically recoverable.

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