FVTAW (Fortress Value Acquisition III) Total Current Assets: $0.35 Mil (As of Sep. 2022)


FVTAW Fortress Value Acquisition Corp III FVTAW
22 GF Score
Price $0.04
! 1 Warning Sign
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What is Fortress Value Acquisition III Total Current Assets?

Fortress Value Acquisition III FVTAW 22 Total Current Assets is $0.35 Mil as of Sep. 2022. GuruFocus rates FVTAW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fortress Value Acquisition III's total current assets for the quarter that ended in Sep. 2022 was $0.35 Mil.

Fortress Value Acquisition III  (OTCPK:FVTAW) 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.

Fortress Value 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)
=0.203-12.913+0.75 * 0+0.5 * 0
=-12.71

* 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.

Fortress Value Acquisition III Total Current Assets Related Terms

Fortress Value Acquisition III Total Current Assets Historical Data

* Premium members only.

The historical data trend for Fortress Value 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.

Fortress Value Acquisition III Total Current Assets Chart

Fortress Value Acquisition III Annual Data
Trend Dec20 Dec21
Total Current Assets
0.01 0.45

Fortress Value Acquisition III Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Current Assets Get a 7-Day Free Trial Premium Member Only 0.85 0.45 0.37 0.38 0.35
FVTAW
22GF Score
Fortress Value Acquisition Corp III FVTAW
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortress Value 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.

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

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.133+0+0+0.312
=0.45

Fortress Value Acquisition III's Total Current Assets for the quarter that ended in Sep. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.203+0+0+0.15
=0.35

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $0.35 Mil mean?
Fortress Value Acquisition III (FVTAW) has a Total Current Assets of $0.35 Mil as of Sep. 2022. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Fortress Value Acquisition III and its competitors.
Is Fortress Value Acquisition III's Total Current Assets too high?
Fortress Value Acquisition III's current Total Current Assets is $0.35 Mil. Overall, Fortress Value Acquisition III has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Fortress Value Acquisition III's Total Current Assets compare to TMAC and SHAC?
Fortress Value Acquisition III's Total Current Assets of $0.35 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 Total Current Assets for a Diversified Financial Services company?
A good Total Current Assets depends on the Diversified Financial Services industry context. However, Total 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 Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Fortress Value Acquisition III and its competitors. Fortress Value Acquisition III's current Total Current Assets is $0.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Value Acquisition III stock overvalued right now?
Fortress Value Acquisition III (FVTAW) has a current Total Current Assets of $0.35 Mil. The current Total Current Assets is $0.35 Mil. Fortress Value Acquisition III's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Fortress Value Acquisition III (FVTAW), the current Total Current Assets is $0.35 Mil as of Sep. 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.

Fortress Value Acquisition III Business Description

Address 1345 Avenue of the Americas, 46th Floor, New York, NY, USA, 10105
Fortress Value Acquisition Corp III is a blank check company.
22GF Score

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