FTAC Hera Acquisition (FTAC Hera Acquisition) Total Current Assets : $0.28 Mil (As of Sep. 2022)

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What is FTAC Hera Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. FTAC Hera Acquisition's total current assets for the quarter that ended in Sep. 2022 was $0.28 Mil.

FTAC Hera Acquisition Total Current Assets Historical Data

The historical data trend for FTAC Hera 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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FTAC Hera Acquisition Total Current Assets Chart

FTAC Hera Acquisition Annual Data

Trend

Dec21

Total Current Assets

1.35

FTAC Hera Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Current Assets	Get a 7-Day Free Trial			1.84	1.35	0.93	0.54	0.28

FTAC Hera 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.

FTAC Hera 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
	=	0.966	+	0	+	0	+	0.385
	=	1.35

FTAC Hera Acquisition'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
	=	0.104	+	0	+	0	+	0.171
	=	0.28

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.

FTAC Hera Acquisition (NAS:HERA) 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.

FTAC Hera Acquisition'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)
=	0.104	-	32.891	+	0.75 * 0	+	0.5 * 0
=	-32.79

FTAC Hera Acquisition Total Current Assets Related Terms

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FTAC Hera Acquisition (FTAC Hera Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Hera Acquisition Corp (NAS:HERA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104

Website

FTAC Hera Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

Executives

Laura Kohn	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Daniel G Cohen	officer: President and CEO	712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Douglas Listman	officer: CFO and Secretary	2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Mei Mei Tuan	director	C/O THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Betsy Z Cohen	director
Brittain Ezzes	director	2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Jan Rock Zubrow	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Jewelle Bickford	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Leah Popowich	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Sponsor, Llc	10 percent owner	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Advisors, Llc	10 percent owner	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104

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