Infint Acquisition (Infint Acquisition) Total Current Assets

: $0.04 Mil (As of Dec. 2023)

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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Infint Acquisition's total current assets for the quarter that ended in Dec. 2023 was $0.04 Mil.

Infint Acquisition Total Current Assets Historical Data

The historical data trend for Infint Acquisition'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.

Array ( [0] => 1.63 [1] => 0.37 [2] => 0.04 )

Infint Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Total Current Assets

1.63

0.37

0.04

Infint Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets							0.37	0.14	0.01	0.08	0.04

Infint Acquisition 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.

Infint Acquisition's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.044	+	0	+	0	+	0
	=	0.04

Infint Acquisition's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.044	+	0	+	0	+	0
	=	0.04

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.

Infint Acquisition (NYSE:IFIN) 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.

Infint Acquisition's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.044	-	10.56	+	0.75 * 0	+	0.5 * 0
=	-10.52

Infint Acquisition Total Current Assets Related Terms

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Infint Acquisition (Infint Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Infint Acquisition Corp (NYSE:IFIN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Broadway, Suite 401, New York, NY, USA, 10004

Website

https://www.infintspac.com

Infint Acquisition Corp is a blank check company.

Executives

Wolverine Asset Management Llc	10 percent owner	175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Taconic Capital Advisors Lp	10 percent owner	280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Frank Brosens	10 percent owner	C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp	10 percent owner	55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Andrey Novikov	director	19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324
Kevin Chen	director	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Sheldon Brickman	officer: Chief Financial Officer	1452 EAST 21ST STREET, BROOKLYN NY 11210
Jing Huang	director	47 JAMES RD, MT KISCO NY 10549
Michael Moradzadeh	director	800 OAK GROVE AVENUE, SUITE 250, MENLO PARK CA 94025
Alexander Edgarov	director, 10 percent owner, officer: Chief Executive Officer	32 BROADWAY, SUITE 401, NEW YORK NY 10004
Dave Cameron	director	3738 FLORAMAR TERRACE, NEW PORT RICHEY FL 34652
Infint Capital Llc	10 percent owner	32 BROADWAY, SUITE 401, NEW YORK NY 10004
Eric David Weinstein	director	7 PINEWOOD CIRCLE, WHITE PLAINS NY 10603