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Ribbit LEAP (Ribbit LEAP) Total Current Assets : $0.35 Mil (As of Jun. 2022)


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What is Ribbit LEAP Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ribbit LEAP's total current assets for the quarter that ended in Jun. 2022 was $0.35 Mil.


Ribbit LEAP Total Current Assets Historical Data

The historical data trend for Ribbit LEAP'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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Ribbit LEAP Total Current Assets Chart

Ribbit LEAP Annual Data
Trend Dec20 Dec21
Total Current Assets
1.70 0.90

Ribbit LEAP Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Total Current Assets Get a 7-Day Free Trial 1.30 1.12 0.90 0.74 0.35

Ribbit LEAP 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.

Ribbit LEAP's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Ribbit LEAP's Total Current Assets for the quarter that ended in Jun. 2022 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.


Ribbit LEAP  (NYSE:LEAP.WS) 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.

Ribbit LEAP's Liquidation Value for the quarter that ended in Jun. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.244-15.904+0.75 * 0+0.5 * 0
=-15.66

* 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.


Ribbit LEAP Total Current Assets Related Terms

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Ribbit LEAP (Ribbit LEAP) Business Description

Traded in Other Exchanges
N/A
Address
364 University Avenue, Palo Alto, CA, USA, 94301
Ribbit LEAP Ltd operates as a blank check company.