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Mountain Crest Acquisition III (Mountain Crest Acquisition III) Total Current Assets : $0.04 Mil (As of Sep. 2022)


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What is Mountain Crest Acquisition III Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mountain Crest Acquisition III's total current assets for the quarter that ended in Sep. 2022 was $0.04 Mil.


Mountain Crest Acquisition III Total Current Assets Historical Data

The historical data trend for Mountain Crest Acquisition III'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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Mountain Crest Acquisition III Total Current Assets Chart

Mountain Crest Acquisition III Annual Data
Trend Dec21
Total Current Assets
0.37

Mountain Crest Acquisition III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Current Assets Get a 7-Day Free Trial 0.42 0.37 0.16 0.14 0.04

Mountain Crest Acquisition III 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.

Mountain Crest Acquisition III's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Mountain Crest Acquisition III's Total Current Assets for the quarter that ended in Sep. 2022 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.


Mountain Crest Acquisition III  (NAS:MCAE) 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.

Mountain Crest Acquisition III's Liquidation Value for the quarter that ended in Sep. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-2.15+0.75 * 0+0.5 * 0
=-2.15

* 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.


Mountain Crest Acquisition III Total Current Assets Related Terms

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Mountain Crest Acquisition III (Mountain Crest Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
311 West 43rd Street, 12th Floor, New York, NY, USA, 10036
Mountain Crest Acquisition Corp III is a blank check company.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Nelson Haight director 4400 POST OAK PARKWAY, SUITE 1900, HOUSTON TX 77027
Suying Liu director, 10 percent owner, officer: CEO and CFO 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Todd T. Milbourn director C/O OPPENHEIMER & CO., INC., 85 BROAD STREET, 24TH FLOOR, NEW YORK NY 10004
Mountain Crest Holdings Iii Llc 10 percent owner 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Wenhua Zhang director 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036