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?

Thank you for your forum post!


Analyzing Utilities and Financials

Using Total Assets and Equity÷Debt.


Advanced Graham Screener

Customized Value Investing.

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 here: https://ca.finance.yahoo.com/q/bs?s=BMO&annual) 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?

The additional Equity ÷ Debt rating, when used in combination with the other Graham criteria, will allow for the evaluation of Financial Enterprises.

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