GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Riverview Acquisition Corp (NAS:RVACW) » Definitions » Total Current Assets

RVACW (Riverview Acquisition) Total Current Assets : $1.47 Mil (As of Dec. 2021)


View and export this data going back to 2021. Start your Free Trial

What is Riverview Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Riverview Acquisition's total current assets for the quarter that ended in Dec. 2021 was $1.47 Mil.


Riverview Acquisition Total Current Assets Historical Data

The historical data trend for Riverview 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.

Riverview Acquisition Total Current Assets Chart

Riverview Acquisition Annual Data
Trend Dec21
Total Current Assets
1.47

Riverview Acquisition Semi-Annual Data
Dec21
Total Current Assets 1.47

Riverview 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.

Riverview Acquisition's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Riverview Acquisition's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

* 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.


Riverview Acquisition  (NAS:RVACW) 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.

Riverview Acquisition's Liquidation Value for the quarter that ended in Dec. 2021 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.122-19.958+0.75 * 0+0.5 * 0
=-18.84

* 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.


Riverview Acquisition Total Current Assets Related Terms

Thank you for viewing the detailed overview of Riverview Acquisition's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Riverview Acquisition Business Description

Traded in Other Exchanges
N/A
Address
700 Colonial Road, Suite 101, Memphis, TN, USA, 38117
Riverview Acquisition Corp is a blank check company.

Riverview Acquisition Headlines

From GuruFocus

Westrock Coffee to Participate in June Investor Conferences

By Business Wire Business Wire 06-01-2022

Westrock Coffee to Host Virtual Investor Day on June 29, 2022

By Business Wire Business Wire 06-21-2022