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Nfiniti (Nfiniti) Total Current Assets : $0.00 Mil (As of Jan. 2024)


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What is Nfiniti Total Current Assets?

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


Nfiniti Total Current Assets Historical Data

The historical data trend for Nfiniti'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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Nfiniti Total Current Assets Chart

Nfiniti Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Oct19 Oct20 Oct21 Oct22 Oct23
Total Current Assets
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Nfiniti Quarterly Data
Jan17 Apr17 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Nfiniti 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.

Nfiniti's Total Current Assets for the fiscal year that ended in Oct. 2023 is calculated as

Nfiniti's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

* 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.


Nfiniti  (OTCPK:NFTN) 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.

Nfiniti's Liquidation Value for the quarter that ended in Jan. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-0.146+0.75 * 0+0.5 * 0
=-0.15

* 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.


Nfiniti Total Current Assets Related Terms

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Nfiniti (Nfiniti) Business Description

Traded in Other Exchanges
N/A
Address
Pampana 18, La Cruz de Huanacaxtle, La Cruz, NAY, MEX, 63734
Website
Nfiniti Inc is a Shell Company.
Executives
Robert Gelfand director, 10 percent owner, officer: Pres, CEO, Tres, CFO, SECR 1711 DRUMMOND DRIVE, VANCOUVER A1 V6T 1B7

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