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


IHAI Innovative Holdings Alliance Inc IHAI
33 GF Score
Price $0.08
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What is Innovative Holdings Alliance Total Current Assets?

Innovative Holdings Alliance IHAI -7.95% 33 Total Current Assets is $0.03 Mil as of Aug. 2023. GuruFocus rates IHAI with a GF Score™ of 33/100.

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  (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

Innovative Holdings Alliance Total Current Assets Historical Data

* Premium members only.

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.

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 0.00 0.03
IHAI
33GF Score
Innovative Holdings Alliance Inc IHAI
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $0.03 Mil mean?
Innovative Holdings Alliance (IHAI) has a Total Current Assets of $0.03 Mil as of Aug. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Innovative Holdings Alliance and its competitors.
Is Innovative Holdings Alliance's Total Current Assets too high?
Innovative Holdings Alliance's current Total Current Assets is $0.03 Mil. Overall, Innovative Holdings Alliance has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Holdings Alliance's Total Current Assets compare to RENI and SRNW?
Innovative Holdings Alliance's Total Current Assets of $0.03 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Diversified Financial Services company?
A good Total Current Assets depends on the Diversified Financial Services industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Innovative Holdings Alliance and its competitors. Innovative Holdings Alliance's current Total Current Assets is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Holdings Alliance stock overvalued right now?
Innovative Holdings Alliance (IHAI) has a current Total Current Assets of $0.03 Mil. The current Total Current Assets is $0.03 Mil. Innovative Holdings Alliance's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Innovative Holdings Alliance (IHAI), the current Total Current Assets is $0.03 Mil as of Aug. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Innovative Holdings Alliance Business Description

Address 2300 Lakeview Parkway, Suite 700, Alpharetta, GA, USA, 30009
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. It is a U.S. technology development company focused on international battery power management and energy optimization. Premergy's patent-protected electric vehicle battery management design and control systems address two key issues in the electric vehicle marketplace, vehicle range and battery thermal stress.
33GF Score

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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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