Current Assets and liabilities for Banks & Insurance companies?

Hi Serenity,

When analyzing stocks for myself using your tool, I am having a bit of trouble when attempting to find (on the companies balance sheet) the correct values for "Current Assets" and "Current Liabilities."

Firstly, I often find values for both "TOTAL Current Assets" and "OTHER Current assets". Im unsure which should be used?

Secondly, again regarding finding the "Current Assets" and "Current Liabilities." I'm told on GuroFocus that there for Banks and Insurance companies.

Below is an example: (I wasn't sure which link type would work, sorry for the repeats...)

Thank you so much for any advice, and i love your site!

Sincerely,

Justin Barracosa

Dear Justin,

Thank you for your kind words!

> "TOTAL Current Assets" and "OTHER Current assets". Im unsure which should be used?

Total Current Assets is the column used on Serenity for Current Assets.

> I'm told on GuroFocus that there for Banks and Insurance companies.

There appears to be a typo in your question. Could you please clarify that line?

Financial Enterprises are evaluated using the additional Size in Assets and Equity : Debt ratings, in combination with the other Graham criteria.

Analyzing Financial Enterprises

Using Total Assets and Equity÷Debt

Thanks!

Can i also assume that TOTAL current liabilities would be used for "Current Liabilities?

Wow, sorry about that brutal typo, im not sure what happened there. Allow me to re-phrase:

Im told on GuruFocus (a website) that banks and Insurance Companies (and see so for myself) do not have (Total) Current assets or Current liabilities...

Any advice on that?

Thank you.

Dear Justin,

> Can i also assume that TOTAL current liabilities would be used for "Current Liabilities?

Yes, Serenity does use Total Current Liabilities for Current Liabilities.

> banks and Insurance Companies do not have (Total) Current assets or Current liabilities...
> Any advice on that?

Financial Enterprises are not evaluated using Sales, Current Assets or Current Liabilities; but with Total Assets and Equity:Debt.

Graham Resources