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Vantage Energy Acquisition (Vantage Energy Acquisition) Total Current Assets : $0.05 Mil (As of Dec. 2018)


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What is Vantage Energy Acquisition Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vantage Energy Acquisition's total current assets for the quarter that ended in Dec. 2018 was $0.05 Mil.


Vantage Energy Acquisition Total Current Assets Historical Data

The historical data trend for Vantage Energy 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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Vantage Energy Acquisition Total Current Assets Chart

Vantage Energy Acquisition Annual Data
Trend Dec17 Dec18
Total Current Assets
0.55 0.05

Vantage Energy Acquisition Quarterly Data
Feb17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Total Current Assets Get a 7-Day Free Trial 0.55 0.44 0.38 0.09 0.05

Vantage Energy 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.

Vantage Energy Acquisition's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Vantage Energy Acquisition's Total Current Assets for the quarter that ended in Dec. 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.


Vantage Energy Acquisition  (NAS:VEAC) 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.

Vantage Energy Acquisition's Liquidation Value for the quarter that ended in Dec. 2018 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.026-22.804+0.75 * 0+0.5 * 0
=-22.78

* 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.


Vantage Energy Acquisition Total Current Assets Related Terms

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Vantage Energy Acquisition (Vantage Energy Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
5221 N. O’Connor Boulevard, 11th Floor, Irving, TX, USA, 75039
Website
Vantage Energy Acquisition Corp is a blank check company.