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Innovative Holdings Alliance (Innovative Holdings Alliance) Total Current Assets : $0.03 Mil (As of Aug. 2023)


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What is Innovative Holdings Alliance Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Innovative Holdings Alliance's total current assets for the quarter that ended in Aug. 2023 was $0.03 Mil.

Innovative Holdings Alliance Total Current Assets Historical Data

The historical data trend for Innovative Holdings Alliance'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.

Innovative Holdings Alliance Total Current Assets Chart

Innovative Holdings Alliance Annual Data
Trend
Total Current Assets

Innovative Holdings Alliance Semi-Annual Data
Aug22 Aug23
Total Current Assets - 0.03

Innovative Holdings Alliance 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.

Innovative Holdings Alliance's Total Current Assets for the fiscal year that ended in . 20 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=+++
=0.00

Innovative Holdings Alliance's Total Current Assets for the quarter that ended in Aug. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.02+0+0+0.014
=0.03

* 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.

Innovative Holdings Alliance  (OTCPK:IHAI) 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.

Innovative Holdings Alliance's Liquidation Value for the quarter that ended in Aug. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.02-0.436+0.75 * 0+0.5 * 0
=-0.42

* 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.

Innovative Holdings Alliance Total Current Assets Related Terms

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Innovative Holdings Alliance (Innovative Holdings Alliance) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovative Holdings Alliance Inc (OTCPK:IHAI) » Definitions » Total Current Assets
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Traded in Other Exchanges
N/A
Address
12850 Hwy 9 North, Suite 600-462, Alpharetta, GA, USA, 30004
Website
https://www.innovativeholdingsalliance.com
Innovative Holdings Alliance Inc plans to participate in and acquire interests that are edge in their respective market niches and have expectations of enhancing shareholder value.

Innovative Holdings Alliance (Innovative Holdings Alliance) Headlines

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