IONM (Assure Holdings) Total Current Assets: $4.64 Mil (As of Jun. 2024)


IONM Assure Holdings Corp IONM
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What is Assure Holdings Total Current Assets?

Assure Holdings IONM 12 Total Current Assets is $4.64 Mil as of Jun. 2024. GuruFocus rates IONM with a GF Score™ of 12/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Assure Holdings's total current assets for the quarter that ended in Jun. 2024 was $4.64 Mil.

Assure Holdings  (OTCPK:IONM) 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.

Assure Holdings's Liquidation Value for the quarter that ended in Jun. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.045-23.92+0.75 * 3.301+0.5 * 0
=-21.40

* 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.

Assure Holdings Total Current Assets Related Terms

Assure Holdings Total Current Assets Historical Data

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The historical data trend for Assure Holdings'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.

Assure Holdings Total Current Assets Chart

Assure Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.71 24.98 38.00 23.26 6.72

Assure Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.90 14.34 6.72 3.73 4.64
IONM
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Assure Holdings Corp IONM
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Assure Holdings 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.

Assure Holdings's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.123+3.601+0+2.999
=6.72

Assure Holdings's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.045+4.077+0+0.521
=4.64

* 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 $4.64 Mil mean?
Assure Holdings (IONM) has a Total Current Assets of $4.64 Mil as of Jun. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Assure Holdings and its competitors.
Is Assure Holdings' Total Current Assets too high?
Assure Holdings' current Total Current Assets is $4.64 Mil. Overall, Assure Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Assure Holdings' Total Current Assets compare to NHLG and HCA?
Assure Holdings' Total Current Assets of $4.64 Mil can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Total Current Assets depends on the Healthcare Providers & 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 Assure Holdings and its competitors. Assure Holdings's current Total Current Assets is $4.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assure Holdings stock overvalued right now?
Assure Holdings (IONM) has a current Total Current Assets of $4.64 Mil. The current Total Current Assets is $4.64 Mil. Assure Holdings' overall GF Score™ is 12/100. 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 Assure Holdings (IONM), the current Total Current Assets is $4.64 Mil as of Jun. 2024. 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.

Assure Holdings Business Description

Address 7887 East Belleview Avenue, Suite 240, Denver, CO, USA, 80111
Assure Holdings Corp provides technical and professional intraoperative neuromonitoring (IONM) surgical support services for neurosurgery, spine, cardiovascular, orthopedic, ear, nose, and throat, and other surgical procedures that place the nervous system at risk.
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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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