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Ascendant Digital Acquisition III (Ascendant Digital Acquisition III) Total Current Assets : $1.05 Mil (As of Sep. 2022)


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What is Ascendant Digital Acquisition III Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ascendant Digital Acquisition III's total current assets for the quarter that ended in Sep. 2022 was $1.05 Mil.


Ascendant Digital Acquisition III Total Current Assets Historical Data

The historical data trend for Ascendant Digital 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.

* Premium members only.

Ascendant Digital Acquisition III Total Current Assets Chart

Ascendant Digital Acquisition III Annual Data
Trend Dec21
Total Current Assets
1.80

Ascendant Digital Acquisition III Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Current Assets Get a 7-Day Free Trial 0.01 1.80 1.57 1.26 1.05

Ascendant Digital 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.

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

Ascendant Digital 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.


Ascendant Digital Acquisition III  (NYSE:ACDI) 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.

Ascendant Digital 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)
=0.456-12.162+0.75 * 0+0.5 * 0
=-11.71

* 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.


Ascendant Digital Acquisition III Total Current Assets Related Terms

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Ascendant Digital Acquisition III (Ascendant Digital Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
667 Madison Avenue, 5th Floor, New York, NY, USA, 10065
Ascendant Digital Acquisition Corp III is a blank check company.
Executives
Michael G Jesselson director 1301 AVENUE OF THE AMERICAS, SUITE 4101, NEW YORK NY 10019
Robert Foresman director C/O GLOBAL CONSUMER ACQUISITION CORP, 1370 AVENUE OF THE AMERICAS, 28TH FLOOR, NEW YORK NY 10019
Riaan Hodgson director, officer: Chief Operating Officer C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Mark Gerhard director, officer: Chief Executive Officer 667 MADISON AVENUE, 5TH FLOOR, C/O ASCENDANT DIGITAL ACQUISITION CORP., NEW YORK NY 10065
David Gomberg director, 10 percent owner, officer: President C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Mickie Rosen director C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Diane Nelson director C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Ascendant Sponsor Lp Iii director, 10 percent owner C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, NEW YORK NY 10065
Ascendant Sponsor Gp Iii Llc 10 percent owner C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, NEW YORK NY 10065

Ascendant Digital Acquisition III (Ascendant Digital Acquisition III) Headlines