Mattmar Minerals (Mattmar Minerals) Total Current Assets : $0.01 Mil (As of May. 2012)

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What is Mattmar Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mattmar Minerals's total current assets for the quarter that ended in May. 2012 was $0.01 Mil.

Mattmar Minerals Total Current Assets Historical Data

The historical data trend for Mattmar Minerals'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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Mattmar Minerals Total Current Assets Chart

Mattmar Minerals Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

Total Current Assets

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0.04

0.01

Mattmar Minerals Semi-Annual Data
	May06	May07	May08	May09	May10	May11	May12
Total Current Assets	Get a 7-Day Free Trial			0.04	0.01	0.01	0.01	0.01

Mattmar Minerals 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.

Mattmar Minerals's Total Current Assets for the fiscal year that ended in May. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.014	+	0	+	0	+	0
	=	0.01

Mattmar Minerals's Total Current Assets for the quarter that ended in May. 2012 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.014	+	0	+	0	+	0
	=	0.01

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.

Mattmar Minerals (OTCPK:MTMS) 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.

Mattmar Minerals's Liquidation Value for the quarter that ended in May. 2012 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.014	-	0.002	+	0.75 * 0	+	0.5 * 0
=	0.01

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Mattmar Minerals (Mattmar Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mattmar Minerals Inc (OTCPK:MTMS) » Definitions » Total Current Assets

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Address

Website

Mattmar Minerals, Inc. was incorporated in Nevada on April 18, 2006. It operates as a development stage company. The Company focuses on engaging in merger or acquisition transaction with an operating company or business. Its purpose has been to serve as a vehicle to acquire an operating business and is considered as a shell company. It was an exploration-stage company that owned certain mineral rights in Canada.

Executives

Arnold P Kling	director, 10 percent owner, officer: President	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Kirk M Warshaw	officer: Chief Financial Officer	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
R R Biotech Partners Llc	10 percent owner	330 MADISON AVENUE, NEW YORK NY 10017
Partners,llc Moyo	10 percent owner	C/O ARNOLD KLING,ESQ, 444 EAST 86TH STREET # PHF, NEW YORK NY 10028

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