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Spindle (Spindle) Total Current Assets : $0.06 Mil (As of Sep. 2018)


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What is Spindle Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Spindle's total current assets for the quarter that ended in Sep. 2018 was $0.06 Mil.


Spindle Total Current Assets Historical Data

The historical data trend for Spindle'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.

Spindle Total Current Assets Chart

Spindle Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.46 2.07 0.25 0.03

Spindle Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.03 0.11 0.17 0.06

Spindle 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.

Spindle's Total Current Assets for the fiscal year that ended in Dec. 2017 is calculated as

Spindle's Total Current Assets for the quarter that ended in Sep. 2018 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.


Spindle  (GREY:SPDL) 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.

Spindle's Liquidation Value for the quarter that ended in Sep. 2018 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.003-3.72+0.75 * 0.023+0.5 * 0
=-3.70

* 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.


Spindle Total Current Assets Related Terms

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Spindle (Spindle) Business Description

Traded in Other Exchanges
N/A
Address
1201 S. Alma School Road, Suite 12500, Mesa, AZ, USA, 85210
Spindle Inc provides marketing and commerce solutions through 'catalyst' brand. It is a platform which has been built to provide payment processing as well as integrated marketing programs. The catalyst solution focuses on small to medium-sized businesses and provides services related to business, payment, digital marketing, and customer engagement. It generates its revenue from the Catalyst Gateway process.

Spindle (Spindle) Headlines

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Spindle Appoints Christopher Wesser to Board of Directors

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