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Gobi Acquisition (Gobi Acquisition) Total Current Assets : $1.12 Mil (As of Mar. 2022)


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What is Gobi Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gobi Acquisition's total current assets for the quarter that ended in Mar. 2022 was $1.12 Mil.

Gobi Acquisition Total Current Assets Historical Data

The historical data trend for Gobi 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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Gobi Acquisition Total Current Assets Chart

Gobi Acquisition Annual Data
Trend Dec21
Total Current Assets
1.25

Gobi Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22
Total Current Assets 0.12 2.38 1.29 1.25 1.12

Gobi 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.

Gobi Acquisition'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
=0.192+0+0+1.058
=1.25

Gobi Acquisition's Total Current Assets for the quarter that ended in Mar. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.021+0+0+1.101
=1.12

* 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.

Gobi Acquisition  (NAS:GOBI) 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.

Gobi Acquisition's Liquidation Value for the quarter that ended in Mar. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.021-3.118+0.75 * 0+0.5 * 0
=-3.10

* 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.

Gobi Acquisition Total Current Assets Related Terms

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Gobi Acquisition (Gobi Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gobi Acquisition Corp (NAS:GOBI) » Definitions » Total Current Assets
Comparable Companies
VPCB OACB BYN FLYA PFTA CLIN GFGD DNAC DNAA IACC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
1 Queen's Road East, 33rd Floor, Three Pacific Place, Hong Kong, HKG
Website
Gobi Acquisition Corp is a blank check company.
Executives
Jane Su director C/O GOBI ACQUISITION - 1 QUEEN'S ROAD E., 33/F, THREE PACIFIC PLACE, HONG KONG K3 00000
Daniel A Carroll director C/O GOBI ACQUISITION - 1 QUEEN'S ROAD E. 33/F, THREE PACIFIC PLACE HONG KONG K3 00000
Pag Investment, Llc 10 percent owner 1 QUEEN'S ROAD EAST 33/F, THREE PACIFIC PLACE HONG KONG K3 00000
Jack Zheng Li director, officer: CEO and CFO 1 QUEEN'S ROAD EAST 33/F, THREE PACIFIC PLACE HONG KONG K3 000000
Thaddeus Beczak director 1 QUEEN'S ROAD EAST 33/F, THREE PACIFIC PLACE HONG KONG K3 000000
Pag Capital Ii Ltd 10 percent owner 1 QUEEN'S ROAD EAST 33/F, THREE PACIFIC PLACE HONG KONG K3 000000
Pag Ltd 10 percent owner 1 QUEEN'S ROAD EAST 33/F, THREE PACIFIC PLACE HONG KONG K3 000000
Pag Investment Lp 10 percent owner 1 QUEEN'S ROAD EAST 33/F, THREE PACIFIC PLACE HONG KONG K3 000000

Gobi Acquisition (Gobi Acquisition) Headlines

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