PNACW (Prime Number Acquisition I) Total Current Assets: $52.34 Mil (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PNACW Prime Number Acquisition I Corp PNACW
19 GF Score
Price $0.05
! 1 Warning Sign
View Full Analysis

What is Prime Number Acquisition I Total Current Assets?

Prime Number Acquisition I PNACW -51.33% 19 Total Current Assets is $52.34 Mil as of Jun. 2023. GuruFocus rates PNACW with a GF Score™ of 19/100. 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. Prime Number Acquisition I's total current assets for the quarter that ended in Jun. 2023 was $52.34 Mil.

Prime Number Acquisition I  (NAS:PNACW) 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.

Prime Number Acquisition I'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)
=0.113-55.824+0.75 * 0+0.5 * 0
=-55.71

* 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.

Prime Number Acquisition I Total Current Assets Related Terms

Prime Number Acquisition I Total Current Assets Historical Data

* Premium members only.

The historical data trend for Prime Number Acquisition I'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.

Prime Number Acquisition I Total Current Assets Chart

Prime Number Acquisition I Annual Data
Trend Dec21 Dec22
Total Current Assets
0.37 67.12

Prime Number Acquisition I Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Current Assets Get a 7-Day Free Trial Premium Member Only 66.74 66.86 67.12 67.67 52.34
PNACW
19GF Score
Prime Number Acquisition I Corp PNACW
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prime Number Acquisition I 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.

Prime Number Acquisition I'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
=0.278+0+0+66.844
=67.12

Prime Number Acquisition I'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
=0.113+0+0+52.229
=52.34

* 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 $52.34 Mil mean?
Prime Number Acquisition I (PNACW) has a Total Current Assets of $52.34 Mil as of Jun. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Prime Number Acquisition I and its competitors.
Is Prime Number Acquisition I's Total Current Assets too high?
Prime Number Acquisition I's current Total Current Assets is $52.34 Mil. Overall, Prime Number Acquisition I has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Prime Number Acquisition I's Total Current Assets compare to ?
Prime Number Acquisition I's Total Current Assets of $52.34 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 Prime Number Acquisition I and its competitors. Prime Number Acquisition I's current Total Current Assets is $52.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Number Acquisition I stock overvalued right now?
Prime Number Acquisition I (PNACW) has a current Total Current Assets of $52.34 Mil. The current Total Current Assets is $52.34 Mil. Prime Number Acquisition I's overall GF Score™ is 19/100 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 Prime Number Acquisition I (PNACW), the current Total Current Assets is $52.34 Mil as of Jun. 2023. 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.

Prime Number Acquisition I Business Description

Comparable Companies
Address 1129 Northern Boulevard, Suite 404, Manhasset, NY, USA, 11030
Prime Number Acquisition I Corp is a blank check company.
19GF Score

Get the complete analysis for PNACW

Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.05
Price