Quad M Solutions (Quad M Solutions) Total Current Assets : $9.91 Mil (As of Jun. 2023)

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What is Quad M Solutions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Quad M Solutions's total current assets for the quarter that ended in Jun. 2023 was $9.91 Mil.

Quad M Solutions Total Current Assets Historical Data

The historical data trend for Quad M Solutions'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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Quad M Solutions Total Current Assets Chart

Quad M Solutions Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Total Current Assets

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0.02

0.48

0.16

10.75

Quad M Solutions Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Current Assets	Get a 7-Day Free Trial															6.44	7.49	10.75	9.93	9.91

Quad M Solutions 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.

Quad M Solutions'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
	=	0.836	+	9.659	+	0	+	0.253
	=	10.75

Quad M Solutions's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.002	+	9.912	+	0	+	-0.0010000000000012
	=	9.91

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.

Quad M Solutions (OTCPK:MMMM) 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.

Quad M Solutions's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.002	-	9.45	+	0.75 * 0.253	+	0.5 * 0
=	-9.26

Quad M Solutions Total Current Assets Related Terms

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Quad M Solutions (Quad M Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Quad M Solutions Inc (OTCPK:MMMM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 Belt Line Road, Suite 108E, Garland, TX, USA, 75040

Website

https://www.quadmsolutions.com

Quad M Solutions Inc along with its subsidiaries is engaged in the business of providing staffing services, back-office services including accounting, payroll and a full complement of HR benefits in its role as a Professional Employer Organization. Along with this, the company is also engaged in providing health plans and comprehensive benefits, insurance consulting services, re-insurance, employer retirement benefit services to small and medium-sized businesses. It generates revenue from staffing and business consulting services.

Executives

Delaine Hess Gruber

director, officer: president (effective 10/28/03

PO BOX 2796, COEUR D ALENE ID 83814