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Jackson Acquisition Co (Jackson Acquisition Co) Total Current Assets : $0.42 Mil (As of Mar. 2023)


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What is Jackson Acquisition Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Jackson Acquisition Co's total current assets for the quarter that ended in Mar. 2023 was $0.42 Mil.

Jackson Acquisition Co Total Current Assets Historical Data

The historical data trend for Jackson Acquisition Co'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.

Jackson Acquisition Co Total Current Assets Chart

Jackson Acquisition Co Annual Data
Trend Dec21 Dec22
Total Current Assets
2.32 0.67

Jackson Acquisition Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Current Assets Get a 7-Day Free Trial Premium Member Only 1.26 1.11 1.01 0.67 0.42

Jackson Acquisition Co 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.

Jackson Acquisition Co'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
=0.305+0+0+0.368
=0.67

Jackson Acquisition Co's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.134+0+0+0.29
=0.42

* 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.

Jackson Acquisition Co  (NYSE:RJAC) 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.

Jackson Acquisition Co's Liquidation Value for the quarter that ended in Mar. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.134-9.771+0.75 * 0+0.5 * 0
=-9.64

* 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.

Jackson Acquisition Co Total Current Assets Related Terms

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Jackson Acquisition Co (Jackson Acquisition Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jackson Acquisition Co (NYSE:RJAC) » Definitions » Total Current Assets
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Traded in Other Exchanges
N/A
Address
2655 Northwinds Parkway, Alpharetta, GA, USA, 30009
Website
https://www.jacksonacquisitions.com
Jackson Acquisition Co is a blank check company.
Executives
David A Perdue director
Marilyn B Tavenner director 13600 BUTLERS ROAD, AMELIA COURT HOUSE VA 23002
Richard Lee Jackson director, 10 percent owner, officer: President and CEO 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Carlos A Migoya director 1301 CONCORD TERRACE, SUNRISE FL 33323
John Ellis Bush director 1200 ANASTASIA, SUITE 500, CORAL GABLES FL 33134
Douglas B Kline officer: CFO and Treasurer C/O JACKSON ACQUISITION COMPANY, 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Rj Healthcare Spac, Llc 10 percent owner C/O JACKSON ACQUISITION COMPANY, 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009

Jackson Acquisition Co (Jackson Acquisition Co) Headlines

From GuruFocus

Jackson Acquisition Company Announces It Will Redeem its Public Shares

By Business Wire Business Wire • 05-10-2023