Ridgefield Acquisition (Ridgefield Acquisition) Total Current Assets : $0.02 Mil (As of Dec. 2023)

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What is Ridgefield Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ridgefield Acquisition's total current assets for the quarter that ended in Dec. 2023 was $0.02 Mil.

Ridgefield Acquisition Total Current Assets Historical Data

The historical data trend for Ridgefield 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.

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Ridgefield Acquisition Total Current Assets Chart

Ridgefield Acquisition Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.01

0.02

Ridgefield Acquisition Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															0.02	-	0.02	0.01	0.02

Ridgefield 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.

Ridgefield Acquisition'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
	=	0.024	+	0	+	0	+	0
	=	0.02

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.024	+	0	+	0	+	0
	=	0.02

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.

Ridgefield Acquisition (OTCPK:RDGA) 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.

Ridgefield Acquisition's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.024	-	0.159	+	0.75 * 0	+	0.5 * 0
=	-0.14

Ridgefield Acquisition Total Current Assets Related Terms

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Ridgefield Acquisition (Ridgefield Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ridgefield Acquisition Corp (OTCPK:RDGA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3827 S Carson Street, Unit 505-25, PMB 1078, Carson, NV, USA, 89701

Website

https://www.ridgefieldacquisition.com

Ridgefield Acquisition Corp is a shell company. Its plan of operation is to arrange for a merger, acquisition, business combination or other arrangements by and between the company and a viable operating entity.

Executives

Steven N Bronson	director, 10 percent owner, officer: President
Eugene Oshinsky	10 percent owner	5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Rosa Oshinsky	10 percent owner	5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Ram Capital Management Trust 01	10 percent owner	5700 WHITE HICKORY CIRCLE, TAMARAC FL 33319
Leonard Hagan	director	650 THOMAS AVENUE, BALDWIN NY 11510
Kenneth Steven Schwartz	director	26 NAVAJO ROAD, MANALAPAN NJ 07726

Ridgefield Acquisition (Ridgefield Acquisition) Headlines

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