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First Republic of America (First Republic of America) Total Current Assets : $15.70 Mil (As of Mar. 2004)


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What is First Republic of America Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. First Republic of America's total current assets for the quarter that ended in Mar. 2004 was $15.70 Mil.


First Republic of America Total Current Assets Historical Data

The historical data trend for First Republic of America'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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First Republic of America Total Current Assets Chart

First Republic of America Annual Data
Trend Jun01 Jun02 Jun03
Total Current Assets
27.11 22.25 21.71

First Republic of America Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.68 21.71 21.89 16.87 15.70

First Republic of America 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.

First Republic of America's Total Current Assets for the fiscal year that ended in Jun. 2003 is calculated as

First Republic of America's Total Current Assets for the quarter that ended in Mar. 2004 is calculated as

* 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.


First Republic of America  (OTCPK:FRPC) 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.

First Republic of America's Liquidation Value for the quarter that ended in Mar. 2004 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.669-36.7+0.75 * 4.553+0.5 * 3.673
=-29.78

* 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.


First Republic of America Total Current Assets Related Terms

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First Republic of America (First Republic of America) Business Description

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