CFVIW (CF Acquisition VI) Other Current Assets: $0.34 Mil (As of Jun. 2022)


What is CF Acquisition VI Other Current Assets?

CF Acquisition VI CFVIW Other Current Assets is $0.34 Mil as of Jun. 2022.

CF Acquisition VI's other current assets for the quarter that ended in Jun. 2022 was $0.34 Mil.

CF Acquisition VI's quarterly other current assets declined from Dec. 2021 ($0.48 Mil) to Mar. 2022 ($0.47 Mil) and declined from Mar. 2022 ($0.47 Mil) to Jun. 2022 ($0.34Mil).

CF Acquisition VI's annual other current assets stayed the same from . 20 ($0.00 Mil) to Dec. 2020 ($0.00 Mil) increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.48 Mil).

CF Acquisition VI Other Current Assets Related Terms

CF Acquisition VI Other Current Assets Historical Data

* Premium members only.

The historical data trend for CF Acquisition VI's Other 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.

CF Acquisition VI Other Current Assets Chart

CF Acquisition VI Annual Data
Trend Dec20 Dec21
Other Current Assets
0.00 0.48

CF Acquisition VI Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Other Current Assets Get a 7-Day Free Trial Premium Member Only 0.39 0.50 0.48 0.47 0.34

CF Acquisition VI Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of $0.34 Mil mean?
CF Acquisition VI (CFVIW) has a Other Current Assets of $0.34 Mil as of Jun. 2022. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on CF Acquisition VI.
Is CF Acquisition VI's Other Current Assets too high?
CF Acquisition VI's current Other Current Assets is $0.34 Mil.
How does CF Acquisition VI's Other Current Assets compare to LITT and TWND?
CF Acquisition VI's Other Current Assets of $0.34 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Diversified Financial Services company?
A good Other Current Assets depends on the Diversified Financial Services industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on CF Acquisition VI. CF Acquisition VI's current Other Current Assets is $0.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CF Acquisition VI stock overvalued right now?
CF Acquisition VI (CFVIW) has a current Other Current Assets of $0.34 Mil. The current Other Current Assets is $0.34 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For CF Acquisition VI (CFVIW), the current Other Current Assets is $0.34 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CF Acquisition VI Business Description

Address 110 East 59th Street, New York, NY, USA, 10022
CF Acquisition Corp VI is a blank check company.