Horizon Acquisition II (Horizon Acquisition II) Total Current Assets : $0.41 Mil (As of Dec. 2022)

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What is Horizon Acquisition II Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Horizon Acquisition II's total current assets for the quarter that ended in Dec. 2022 was $0.41 Mil.

Horizon Acquisition II Total Current Assets Historical Data

The historical data trend for Horizon Acquisition II'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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Horizon Acquisition II Total Current Assets Chart

Horizon Acquisition II Annual Data

Trend

Dec20

Dec21

Dec22

Total Current Assets

1.33

0.61

0.41

Horizon Acquisition II Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Total Current Assets	Get a 7-Day Free Trial					0.61	0.55	0.26	1.66	0.41

Horizon Acquisition II 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.

Horizon Acquisition II's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.029	+	0	+	0	+	0.38
	=	0.41

Horizon Acquisition II's Total Current Assets for the quarter that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.029	+	0	+	0	+	0.38
	=	0.41

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.

Horizon Acquisition II (AMEX:HZON.WS) 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.

Horizon Acquisition II's Liquidation Value for the quarter that ended in Dec. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.029	-	31.064	+	0.75 * 0	+	0.5 * 0
=	-31.04

Horizon Acquisition II Total Current Assets Related Terms

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Horizon Acquisition II (Horizon Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Horizon Acquisition Corp II (AMEX:HZON.WS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Steamboat Road, Suite 200, Greenwich, CT, USA, 06830

Website

Horizon Acquisition Corp II is a blank check company.

Horizon Acquisition II (Horizon Acquisition II) Headlines

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