KNIT (Kinetic Group) Total Current Assets: $0.00 Mil (As of Sep. 2024)


KNIT Kinetic Group Inc KNIT
39 GF Score
Price $2.00
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What is Kinetic Group Total Current Assets?

Kinetic Group KNIT 39 Total Current Assets is $0.00 Mil as of Sep. 2024. GuruFocus rates KNIT with a GF Score™ of 39/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Kinetic Group's total current assets for the quarter that ended in Sep. 2024 was $0.00 Mil.

Kinetic Group  (OTCPK:KNIT) 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.

Kinetic Group's Liquidation Value for the quarter that ended in Sep. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-0.245+0.75 * 0+0.5 * 0
=-0.25

* 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.

Kinetic Group Total Current Assets Related Terms

Kinetic Group Total Current Assets Historical Data

* Premium members only.

The historical data trend for Kinetic Group'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.

Kinetic Group Total Current Assets Chart

Kinetic Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.56 0.00 0.00

Kinetic Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.55 0.00 0.00 0.00
KNIT
39GF Score
Kinetic Group Inc KNIT
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinetic Group 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.

Kinetic Group's Total Current Assets for the fiscal year that ended in Sep. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0+0+0
=0.00

Kinetic Group's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0+0+0+0
=0.00

* 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 $0.00 Mil mean?
Kinetic Group (KNIT) has a Total Current Assets of $0.00 Mil as of Sep. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Kinetic Group and its competitors.
Is Kinetic Group's Total Current Assets too high?
Kinetic Group's current Total Current Assets is $0.00 Mil. Overall, Kinetic Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Kinetic Group's Total Current Assets compare to UCL and NUVR?
Kinetic Group's Total Current Assets of $0.00 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Total Current Assets depends on the Telecommunication 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 Kinetic Group and its competitors. Kinetic Group's current Total Current Assets is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinetic Group stock overvalued right now?
Kinetic Group (KNIT) has a current Total Current Assets of $0.00 Mil. The current Total Current Assets is $0.00 Mil. Kinetic Group's overall GF Score™ is 39/100. 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 Kinetic Group (KNIT), the current Total Current Assets is $0.00 Mil as of Sep. 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.

Kinetic Group Business Description

Address 2801 NW 74th Avenue, Miami, FL, USA, 33122
Kinetic Group Inc is a telecommunications company focused on owning, operating, and building wireless infrastructure for international mobile carriers in Latin America. The company rents operate and build tower/rooftop/unconventional infrastructure, fiber optic networks, DAS, and telecommunication equipment for MNO's.
39GF 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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