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Relativity Acquisition (Relativity Acquisition) Total Current Assets : $0.06 Mil (As of Sep. 2023)


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What is Relativity Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Relativity Acquisition's total current assets for the quarter that ended in Sep. 2023 was $0.06 Mil.

Relativity Acquisition Total Current Assets Historical Data

The historical data trend for Relativity 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.

* Premium members only.

Relativity Acquisition Total Current Assets Chart

Relativity Acquisition Annual Data
Trend Dec21 Dec22
Total Current Assets
2.20 1.49

Relativity Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.49 0.86 0.20 0.06

Relativity 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.

Relativity Acquisition'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
=1.43+0.003+0+0.055
=1.49

Relativity Acquisition's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.026+0.003+0+0.03
=0.06

* 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.

Relativity Acquisition  (NAS:RACY) 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.

Relativity Acquisition's Liquidation Value for the quarter that ended in Sep. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.026-2.185+0.75 * 0+0.5 * 0
=-2.16

* 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.

Relativity Acquisition Total Current Assets Related Terms

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Relativity Acquisition (Relativity Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Relativity Acquisition Corp (NAS:RACY) » Definitions » Total Current Assets
Comparable Companies
ARYE MITA AMCI RACB BLSA RICO ARYD CCAI OCAX CLOE GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
C/o 3753 Howard Hughes Parkway, Suite 200, Las Vegas, NV, USA, 89169
Website
https://relativityacquisitions.com
Relativity Acquisition Corp is a blank check company.
Executives
Knuettel Ii Francis director 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
John Quelch director C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER RD, WALTHAM MA 02453
Emily Paxhia director 10124 FOXHURST COURT, ORLANDO FL 32836
Relativity Acquisition Sponsor Llc 10 percent owner 3753 HOWARD HUGHES PARKWAY, SUITE 200, LAS VEGAS NV 89619
Tarek Tabsh director, 10 percent owner, officer: Chief Executive Officer C/O 3753 HOWARD HUGHES PKWY SUITE 200, LAS VEGAS NV 89169
Steven Berg officer: CFO C/O 3753 HOWARD HUGHES PKWY SUITE 200, LAS VEGAS NV 89169