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Twelve Seas Investment Co II (Twelve Seas Investment Co II) Total Current Assets : $0.35 Mil (As of Sep. 2023)


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What is Twelve Seas Investment Co II Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Twelve Seas Investment Co II's total current assets for the quarter that ended in Sep. 2023 was $0.35 Mil.

Twelve Seas Investment Co II Total Current Assets Historical Data

The historical data trend for Twelve Seas Investment Co II'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.

Twelve Seas Investment Co II Total Current Assets Chart

Twelve Seas Investment Co II Annual Data
Trend Dec20 Dec21 Dec22
Total Current Assets
0.08 0.79 0.39

Twelve Seas Investment Co II Quarterly Data
Dec20 Mar21 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 Premium Member Only Premium Member Only 0.17 0.39 0.42 0.47 0.35

Twelve Seas Investment Co II 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.

Twelve Seas Investment Co II'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
=0.352+0+0+0.035
=0.39

Twelve Seas Investment Co II'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
=0.279+0+0+0.074
=0.35

* 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.

Twelve Seas Investment Co II  (NAS:TWLV) 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.

Twelve Seas Investment Co II'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)
=0.279-3.382+0.75 * 0+0.5 * 0
=-3.10

* 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.

Twelve Seas Investment Co II Total Current Assets Related Terms

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Twelve Seas Investment Co II (Twelve Seas Investment Co II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Twelve Seas Investment Co II (NAS:TWLV) » Definitions » Total Current Assets
Comparable Companies
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Traded in Other Exchanges
TWLVU:USA
Address
228 Park Avenue South, Suite 89898, New York, NY, USA, 10003-1502
Website
Twelve Seas Investment Co II is a blank check company.
Executives
Robert Foresman director C/O GLOBAL CONSUMER ACQUISITION CORP, 1370 AVENUE OF THE AMERICAS, 28TH FLOOR, NEW YORK NY 10019
Jonathan D Morris director, 10 percent owner, officer: Chief Financial Officer C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Neil Richardson director 21 GROSVENOR PLACE, LONDON X0 SW1X 7HF
Dimitri Elkin director, 10 percent owner, officer: Chief Executive Officer 25/28 BURLINGTON STREET, LONDON X0 W1S 3AN
Twelve Seas Sponsor Ii Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Anthony Steains director 2685 NOTTINGHAM AVENUE, LOS ANGELES CA 90027