GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » flyExclusive Inc (AMEX:FLYX) » Definitions » Total Current Assets

flyExclusive (flyExclusive) Total Current Assets : $116.06 Mil (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is flyExclusive Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. flyExclusive's total current assets for the quarter that ended in Sep. 2023 was $116.06 Mil.

flyExclusive Total Current Assets Historical Data

The historical data trend for flyExclusive'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.

flyExclusive Total Current Assets Chart

flyExclusive Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Assets
- 48.36 131.76 116.79

flyExclusive Quarterly Data
Dec20 Dec21 Mar22 Dec22 Mar23 Sep23 Dec23
Total Current Assets Get a 7-Day Free Trial - 131.76 137.52 116.06 116.79

flyExclusive 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.

flyExclusive'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
=82.856+8.102+5.142+20.693
=116.79

flyExclusive's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=81.413+6.601+6.636+21.408
=116.06

* 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.

flyExclusive  (AMEX:FLYX) 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.

flyExclusive's Liquidation Value for the quarter that ended in Sep. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=81.413-548.937+0.75 * 0.719+0.5 * 6.636
=-463.67

* 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.

flyExclusive Total Current Assets Related Terms

Thank you for viewing the detailed overview of flyExclusive's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

flyExclusive (flyExclusive) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » flyExclusive Inc (AMEX:FLYX) » Definitions » Total Current Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
2860 Jetport Road, Kinston, NC, USA, 28504
Website
https://www.flyexclusive.com
flyExclusive Inc is a premier owner and operator of curated private aviation experiences dedicated to surpassing passenger expectations for quality, convenience, and safety. its mission is to be the world's most vertically integrated private aviation company through capital-efficient program growth, an industry-leading pricing model, optimal dispatch availability, in-house training, and a controlled premium customer experience on modernized aircraft. The company had over 90 aircraft in its owned and leased fleet which includes light, midsize, super-midsize, and large jets. As one of the nation's largest Citation operators, it has curated a versatile fleet of Citation CJ3/CJ3 plus, Citation Excel/XLS/XLS plus, Citation Encore/Encore plus, Citation Sovereign, and Citation X aircraft.

flyExclusive (flyExclusive) Headlines

From GuruFocus

EG Acquisition Corp Analyst Day Transcript

By GuruFocus Research • 02-13-2024