PRZO (ParaZero Technologies) Total Current Assets : $5.11 Mil (As of Dec. 2024)

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What is ParaZero Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ParaZero Technologies's total current assets for the quarter that ended in Dec. 2024 was $5.11 Mil.

ParaZero Technologies Total Current Assets Historical Data

The historical data trend for ParaZero Technologies'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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ParaZero Technologies Total Current Assets Chart

ParaZero Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

0.64

0.47

1.05

8.37

5.11

ParaZero Technologies Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial				1.05	0.96	8.37	6.47	5.11

ParaZero Technologies 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.

ParaZero Technologies's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.179	+	0.115	+	0.394	+	0.422
	=	5.11

ParaZero Technologies's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.179	+	0.115	+	0.394	+	0.422
	=	5.11

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.

ParaZero Technologies (NAS:PRZO) 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.

ParaZero Technologies's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.179	-	6.049	+	0.75 * 0.115	+	0.5 * 0.394
=	-1.59

ParaZero Technologies Total Current Assets Related Terms

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ParaZero Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » ParaZero Technologies Ltd (NAS:PRZO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Hatachana Street, Kfar Saba, ISR, 4453001

Website

https://www.parazero.com

ParaZero Technologies Ltd is an aerospace company that is focused on drone safety systems and engaged in the business of designing, developing, and providing autonomous parachute safety systems for commercial drones, also known as unmanned aerial systems. The ParaZero SafeAir system of the company applies real-time data analytics to identify and mitigate flight risks autonomously and increase safety for bystanders while protecting the loss of expensive drones, equipment, and payloads.