Vemanti Group (Vemanti Group) Total Current Assets : $0.15 Mil (As of Mar. 2024)

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What is Vemanti Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vemanti Group's total current assets for the quarter that ended in Mar. 2024 was $0.15 Mil.

Vemanti Group Total Current Assets Historical Data

The historical data trend for Vemanti Group'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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Vemanti Group Total Current Assets Chart

Vemanti Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

0.34

0.27

0.33

0.50

0.15

Vemanti Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial													0.35	0.31	0.20	0.15	0.15

Vemanti Group 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.

Vemanti Group's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.136	+	0.009	+	0	+	-2.7755575615629E-17
	=	0.15

Vemanti Group's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.057	+	0	+	0	+	0.097
	=	0.15

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.

Vemanti Group (OTCPK:VMNT) 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.

Vemanti Group's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.057	-	0.335	+	0.75 * 0	+	0.5 * 0
=	-0.28

Vemanti Group Total Current Assets Related Terms

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Vemanti Group (Vemanti Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vemanti Group Inc (OTCPK:VMNT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

7545 Irvine Center Drive, Suite. 200, Irvine, CA, USA, 92618

Website

https://www.vemanti.com

Vemanti Group Inc, through its subsidiaries, provides IP (Internet Protocol) communication needs. The company's network offers availability, coverage, flexibility and enables the following technology solutions: unified communications, data centre services, content delivery, voice over IP (VoIP), and cloud computing. The company also focuses on acquisition and investment in companies that focus on blockchain projects and applications combined with other emerging technologies, including machine learning/AI, security, and the internet of things (IoT).

Executives

Stephen Richard Jones	officer: CFO	256 GREENGLADE AVENUE, WORTHINGTON OH 43085
Tan Tran	director, 10 percent owner, officer: President, CEO, CFO	7545 IRVINE CENTER DR., STE. 200, IRVINE CA 92618
Rachel Boulds Cpa, Pllc	director	6371 S. GLENOAKS STREET, MURRAY UT 84107