GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » G Squared Ascend I Inc (NYSE:GSQD) » Definitions » Total Current Assets

G Squared Ascend I (G Squared Ascend I) Total Current Assets : $0.32 Mil (As of Sep. 2022)


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

What is G Squared Ascend I Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. G Squared Ascend I's total current assets for the quarter that ended in Sep. 2022 was $0.32 Mil.

G Squared Ascend I Total Current Assets Historical Data

The historical data trend for G Squared Ascend I'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.

G Squared Ascend I Total Current Assets Chart

G Squared Ascend I Annual Data
Trend Dec20 Dec21
Total Current Assets
0.23 0.95

G Squared Ascend I Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Current Assets Get a 7-Day Free Trial 1.72 0.95 0.79 0.56 0.32

G Squared Ascend I 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.

G Squared Ascend I'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
=0.026+0+0+0.928
=0.95

G Squared Ascend I'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
=0.004+0+0+0.318
=0.32

* 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.

G Squared Ascend I  (NYSE:GSQD) 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.

G Squared Ascend I'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)
=0.004-15.799+0.75 * 0+0.5 * 0
=-15.80

* 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.

G Squared Ascend I Total Current Assets Related Terms

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

G Squared Ascend I (G Squared Ascend I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » G Squared Ascend I Inc (NYSE:GSQD) » Definitions » Total Current Assets
Comparable Companies
SLCR JCIC ROSS SCLE ACII SCOB OEPW WALD HCIC MTVC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
205 N Michigan Avenue, Suite 3770, Chicago, IL, USA, 60601
Website
https://www.gsquaredascend.com
G Squared Ascend I Inc is a blank check company.
Executives
Lauri M Shanahan director C/O THE GAP, INC., TWO FOLSOM STREET, SAN FRANCISCO CA 94105-1205
Thomas R Evans director 11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Larry Lee Aschebrook director, 10 percent owner, officer: Chairman of the Board 205 N. MICHIGAN AVE., SUITE 3770, CHICAGO IL 60601
G Squared Ascend Management I Llc 10 percent owner 205 N MICHIGAN AVENUE, SUITE 3770, CHICAGO IL 60601
Thomas Hoban 10 percent owner, officer: Chief Financial Officer C/O G SQUARED ASCENT MANAGEMENT I LLC, 205 N. MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Edward Iii Davis director, 10 percent owner, officer: Chief Executive Officer C/O G SQUARED ASCENT MANAGEMENT I LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Heather L. Hasson director C/O G SQUARED ASCEND MANAGEMENT I, LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601