Silver Star Energy (Silver Star Energy) Total Current Assets : $0.06 Mil (As of Sep. 2007)

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What is Silver Star Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Silver Star Energy's total current assets for the quarter that ended in Sep. 2007 was $0.06 Mil.

Silver Star Energy Total Current Assets Historical Data

The historical data trend for Silver Star Energy'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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Silver Star Energy Total Current Assets Chart

Silver Star Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Total Current Assets

0.54

0.16

2.79

0.75

Silver Star Energy Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Total Current Assets	Get a 7-Day Free Trial														0.81	0.75	0.68	0.25	0.06

Silver Star Energy 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.

Silver Star Energy's Total Current Assets for the fiscal year that ended in Dec. 2006 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.032	+	0.71	+	0	+	0.005
	=	0.75

Silver Star Energy's Total Current Assets for the quarter that ended in Sep. 2007 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.012	+	0.02	+	0	+	0.026
	=	0.06

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.

Silver Star Energy (OTCPK:SVSE) 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.

Silver Star Energy's Liquidation Value for the quarter that ended in Sep. 2007 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.012	-	0.005	+	0.75 * 0.02	+	0.5 * 0
=	0.02

Silver Star Energy Total Current Assets Related Terms

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Silver Star Energy (Silver Star Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Silver Star Energy Inc (OTCPK:SVSE) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212

Website

Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.

Executives

Scott Marshall	10 percent owner	2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson	director	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh	director, officer: President	504 THRASHER STREET, NORCROSS GA 30071

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