NAACU (North Atlantic Acquisition) Total Current Assets : $0.56 Mil (As of Sep. 2022)

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What is North Atlantic Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. North Atlantic Acquisition's total current assets for the quarter that ended in Sep. 2022 was $0.56 Mil.

North Atlantic Acquisition Total Current Assets Historical Data

The historical data trend for North Atlantic Acquisition'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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North Atlantic Acquisition Total Current Assets Chart

North Atlantic Acquisition Annual Data

Trend

Dec20

Dec21

Total Current Assets

0.38

1.97

North Atlantic Acquisition Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Current Assets	Get a 7-Day Free Trial			2.11	1.97	1.19	0.82	0.56

North Atlantic Acquisition 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.

North Atlantic Acquisition's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.393	+	0	+	0	+	0.573
	=	1.97

North Atlantic Acquisition's Total Current Assets for the quarter that ended in Sep. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.378	+	0	+	0	+	0.18
	=	0.56

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.

North Atlantic Acquisition (NAS:NAACU) 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.

North Atlantic Acquisition's Liquidation Value for the quarter that ended in Sep. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.378	-	16.653	+	0.75 * 0	+	0.5 * 0
=	-16.28

North Atlantic Acquisition Total Current Assets Related Terms

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North Atlantic Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » North Atlantic Acquisition Corp (NAS:NAACU) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1345 Avenue of the Americas, c/o Ellenoff Grossman & Schole LLP, New York, NY, USA, 10105

Website

https://www.naacq.com

North Atlantic Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Tamara Sakovska	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Andrew Morgan	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark Keating	officer: Chief Financial Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Gary Quin	director, officer: Chief Executive Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Dimitri Panayotopoulos	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Patrick Joseph Dolan	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Naac Sponsor Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105