NLITW (Northern Lights Acquisition) Total Current Assets: $0.38 Mil (As of Jun. 2022)


NLITW Northern Lights Acquisition Corp NLITW
20 GF Score
Price $0.24
! 1 Warning Sign
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What is Northern Lights Acquisition Total Current Assets?

Northern Lights Acquisition NLITW 20 Total Current Assets is $0.38 Mil as of Jun. 2022. GuruFocus rates NLITW with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Northern Lights Acquisition's total current assets for the quarter that ended in Jun. 2022 was $0.38 Mil.

Northern Lights Acquisition  (NAS:NLITW) 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.

Northern Lights Acquisition's Liquidation Value for the quarter that ended in Jun. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.172-9.553+0.75 * 0+0.5 * 0
=-9.38

* 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.

Northern Lights Acquisition Total Current Assets Related Terms

Northern Lights Acquisition Total Current Assets Historical Data

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The historical data trend for Northern Lights 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.

Northern Lights Acquisition Total Current Assets Chart

Northern Lights Acquisition Annual Data
Trend Dec21
Total Current Assets
0.44

Northern Lights Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Total Current Assets Get a 7-Day Free Trial 1.29 0.66 0.44 0.27 0.38
NLITW
20GF Score
Northern Lights Acquisition Corp NLITW
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Lights 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.

Northern Lights 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
=0.255+0+0+0.182
=0.44

Northern Lights Acquisition's Total Current Assets for the quarter that ended in Jun. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.172+0+0+0.205
=0.38

* 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 $0.38 Mil mean?
Northern Lights Acquisition (NLITW) has a Total Current Assets of $0.38 Mil as of Jun. 2022. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Northern Lights Acquisition and its competitors.
Is Northern Lights Acquisition's Total Current Assets too high?
Northern Lights Acquisition's current Total Current Assets is $0.38 Mil. Overall, Northern Lights Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Northern Lights Acquisition's Total Current Assets compare to KWAC and MBTC?
Northern Lights Acquisition's Total Current Assets of $0.38 Mil can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Total Current Assets depends on the Diversified Financial 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 Northern Lights Acquisition and its competitors. Northern Lights Acquisition's current Total Current Assets is $0.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Lights Acquisition stock overvalued right now?
Northern Lights Acquisition (NLITW) has a current Total Current Assets of $0.38 Mil. The current Total Current Assets is $0.38 Mil. Northern Lights Acquisition's overall GF Score™ is 20/100 with 1 warning sign to review. 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 Northern Lights Acquisition (NLITW), the current Total Current Assets is $0.38 Mil as of Jun. 2022. 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.

Northern Lights Acquisition Business Description

Address 10 East 53rd Street, Suite 3001, New York, NY, USA, 10022
Northern Lights Acquisition Corp is a blank check company. It is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses.
20GF Score

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