OHCS (Optimus Healthcare Svcs) Total Current Assets : $0.42 Mil (As of Sep. 2024)

View and export this data going back to . Start your Free Trial

What is Optimus Healthcare Svcs Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Optimus Healthcare Svcs's total current assets for the quarter that ended in Sep. 2024 was $0.42 Mil.

Optimus Healthcare Svcs Total Current Assets Historical Data

The historical data trend for Optimus Healthcare Svcs'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.

* Premium members only.

Optimus Healthcare Svcs Total Current Assets Chart

Optimus Healthcare Svcs Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec08

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

15.17

2.14

1.73

0.81

Optimus Healthcare Svcs Quarterly Data
	Sep03	Mar07	Jun07	Sep07	Mar08	Jun08	Sep08	Dec08	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															1.11	0.81	0.57	0.63	0.42

Optimus Healthcare Svcs 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.

Optimus Healthcare Svcs's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.1	+	0.673	+	0	+	0.034
	=	0.81

Optimus Healthcare Svcs'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
	=	0.152	+	0.248	+	0	+	0.018
	=	0.42

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.

Optimus Healthcare Svcs (OTCPK:OHCS) 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.

Optimus Healthcare Svcs'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)
=	0.152	-	9.973	+	0.75 * 0.248	+	0.5 * 0
=	-9.64

Optimus Healthcare Svcs Total Current Assets Related Terms

Thank you for viewing the detailed overview of Optimus Healthcare Svcs's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Optimus Healthcare Svcs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Optimus Healthcare Svcs Inc (OTCPK:OHCS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1400 Old Country Road, Suite 306, Westbury, NY, USA, 11590

Website

https://www.optimushealthcare.com

Optimus Healthcare Svcs Inc focuses on acquiring controlling interests in healthcare-related businesses. The company is dedicated to advancing access to clinical trial research and simplifying access to vaccines and pharmaceutical products. It currently operates through its portfolio companies, Clinical Research Alliance, Inc. (CRA), and Worker's Health Rx (d/b/a "Vitality Rx"). The vision is to grow by acquiring controlling interests in healthcare-related businesses with products and services that improve healthcare access and outcomes. Optimus aims to empower physicians and patients with information and tools for informed healthcare decisions.