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H.E.R.C. Products (H.E.R.C. Products) Total Current Assets : $1.16 Mil (As of Jun. 2004)


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What is H.E.R.C. Products Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. H.E.R.C. Products's total current assets for the quarter that ended in Jun. 2004 was $1.16 Mil.


H.E.R.C. Products Total Current Assets Historical Data

The historical data trend for H.E.R.C. Products'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.

H.E.R.C. Products Total Current Assets Chart

H.E.R.C. Products Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 0.84 1.05 0.97 1.18

H.E.R.C. Products Quarterly Data
Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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 1.16 1.13 1.18 1.37 1.16

H.E.R.C. Products 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.

H.E.R.C. Products's Total Current Assets for the fiscal year that ended in Dec. 2003 is calculated as

H.E.R.C. Products's Total Current Assets for the quarter that ended in Jun. 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.


H.E.R.C. Products  (OTCPK:HERC) 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.

H.E.R.C. Products's Liquidation Value for the quarter that ended in Jun. 2004 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.056-1.837+0.75 * 0.41+0.5 * 0.063
=-1.44

* 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.


H.E.R.C. Products Total Current Assets Related Terms

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H.E.R.C. Products (H.E.R.C. Products) Business Description

Traded in Other Exchanges
N/A
Address
1420 Columbus Avenue, Portsmouth, VA, USA, 23704
Executives
Robert W Affholder director
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704

H.E.R.C. Products (H.E.R.C. Products) Headlines