Amergent Hospitality Group (Amergent Hospitality Group) Total Current Assets : $1.64 Mil (As of Dec. 2022)

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What is Amergent Hospitality Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Amergent Hospitality Group's total current assets for the quarter that ended in Dec. 2022 was $1.64 Mil.

Amergent Hospitality Group Total Current Assets Historical Data

The historical data trend for Amergent Hospitality 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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Amergent Hospitality Group Total Current Assets Chart

Amergent Hospitality Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Current Assets

1.17

3.12

3.78

1.64

Amergent Hospitality Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Total Current Assets	Get a 7-Day Free Trial										3.78	3.91	2.59	2.16	1.64

Amergent Hospitality 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.

Amergent Hospitality Group'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
	=	0.387	+	0.869	+	0.158	+	0.222
	=	1.64

Amergent Hospitality Group's Total Current Assets for the quarter that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.387	+	0.869	+	0.158	+	0.222
	=	1.64

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.

Amergent Hospitality Group (OTCPK:AMHG) 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.

Amergent Hospitality Group's Liquidation Value for the quarter that ended in Dec. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.387	-	28.489	+	0.75 * 0.869	+	0.5 * 0.158
=	-27.37

Amergent Hospitality Group Total Current Assets Related Terms

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Amergent Hospitality Group (Amergent Hospitality Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Amergent Hospitality Group Inc (OTCPK:AMHG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

7529 Red Oak Lane, Charlotte, NC, USA, 28226

Website

https://www.amergenthg.com

Amergent Hospitality Group Inc owns, operates, and franchises restaurant brands. It generates the majority of its revenue from Restaurant sales, followed by Gaming and Franchise income. The company operates only in the United States.

Executives

Mark Anthony Whittle	officer: INTERIM PRESIDENT	1481 N HWY 113, CARROLLTON GA 30117
Michael D Pruitt	director, officer: CHIEF EXECUTIVE OFFICER	11220 ELM LANE, SUITE 203, CHARLOTTE NC 28277
Frederick L Glick	director, officer: PRESIDENT	7621 LITTLE AVE STE 414, CHARLOTTE NC 28226
Stephen J Hoelscher	officer: CFO	515 CONGRESS AVE, STE 1400, AUSTIN TX 78701
Robert Sumner Hersch	10 percent owner	515 CONGRESS AVE, STE 1400, AUSTIN TX 78701
Mv Amanth Llc	10 percent owner	515 CONGRESS AVE, STE 1400, AUSTIN TX 78701-3516
Oz Rey Llc	10 percent owner	918 CONGRESS AVENUE, SUITE 100, AUSTIN TX 78701
Keith J Johnson	director	56 REDBAY ROAD, ELGIN SC 29045
J Eric Wagoner	director	C/O ALLIANCE BANKSHARES CORPORATION, 14200 PARK MEADOW DRIVE, SUITE 200 SOUTH, CHANTILLY VA 20151
Neil G Kiefer	director	7621 LITTLE AVE, STE 414, CHARLOTTE NC 28226
Patrick Clay Harkleroad	officer: CHIEF FINANCIAL OFFICER	7621 LITTLE AVE, SUITE 414, CHARLOTTE NC 28226