Better World Acquisition (Better World Acquisition) Total Current Assets : $0.24 Mil (As of Mar. 2023)

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What is Better World Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Better World Acquisition's total current assets for the quarter that ended in Mar. 2023 was $0.24 Mil.

Better World Acquisition Total Current Assets Historical Data

The historical data trend for Better World 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.

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Better World Acquisition Total Current Assets Chart

Better World Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Total Current Assets

1.15

0.31

0.05

Better World Acquisition Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Current Assets	Get a 7-Day Free Trial						0.09	0.16	0.13	0.05	0.24

Better World 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.

Better World Acquisition's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.002	+	0	+	0	+	0.044
	=	0.05

Better World Acquisition's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.141	+	0	+	0	+	0.098
	=	0.24

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.

Better World Acquisition (OTCPK:BWACU) 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.

Better World Acquisition's Liquidation Value for the quarter that ended in Mar. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.141	-	5.183	+	0.75 * 0	+	0.5 * 0
=	-5.04

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Better World Acquisition (Better World Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Better World Acquisition Corp (OTCPK:BWACU) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

775 Park Avenue, New York, NY, USA, 10021

Website

Better World Acquisition Corp is a blank check company.

Executives

Robert M Chiste	director	120 EAGLE ROCK AVENUE SUITE 190, EAST HANOVER NJ 07936
Bradford Scovill Oberwager	director	340 S. LEMON AVE. #5445, WALNUT CA 91789
Grubstein Peter S H	director, 10 percent owner, officer: Chief Financial Officer
Kristopher A Wood	director	11360 LAKE FIELD DRIVE, DULUTH GA 30097
Bwa Holdings Llc	10 percent owner	1177 AVENUE OF THE AMERICAS 18TH FLOOR, NEW YORK NY 10036
Rosemary L Ripley	director, officer: Chief Executive Officer	733 THIRD AVENUE, NEW YORK NY 10017
Shay Murphy	officer: Vice President	733 THIRD AVENUE, NEW YORK NY 10017
Jennifer Prosek	director	733 THIRD AVENUE, NEW YORK NY 10017