Epic Acquisition (FRA:V08) Total Current Assets : €19.30 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Epic Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Epic Acquisition's total current assets for the quarter that ended in Sep. 2023 was €19.30 Mil.

Epic Acquisition Total Current Assets Historical Data

The historical data trend for Epic 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.

* Premium members only.

Epic Acquisition Total Current Assets Chart

Epic Acquisition Annual Data

Trend

Sep21

Sep22

Sep23

Total Current Assets

0.84

154.63

19.30

Epic Acquisition Semi-Annual Data
	Mar22	Mar23	Sep23
Total Current Assets	155.83	155.36	19.30

Epic 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.

Epic Acquisition's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.045	+	0.068	+	0	+	19.19
	=	19.30

Epic Acquisition'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
	=	0.045	+	0.068	+	0	+	19.19
	=	19.30

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.

Epic Acquisition (FRA:V08) 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.

Epic Acquisition'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)
=	0.045	-	22.791	+	0.75 * 0.008	+	0.5 * 0
=	-22.74

Epic Acquisition Total Current Assets Related Terms

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

Epic Acquisition (FRA:V08) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Epic Acquisition Corp (FRA:V08) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

190 Elgin Avenue, George Town, CYM, KY1-9008

Website

https://www.epicacquisitioncorp.com

Epic Acquisition Corp is a special purpose acquisition company aimed at acquiring companies operating in the consumer sector in the European Economic Area or the United Kingdom.

Epic Acquisition (FRA:V08) Headlines

No Headlines