Spartan Acquisition III (Spartan Acquisition III) Total Current Assets : $1.58 Mil (As of Sep. 2021)

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What is Spartan Acquisition III Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Spartan Acquisition III's total current assets for the quarter that ended in Sep. 2021 was $1.58 Mil.

Spartan Acquisition III Total Current Assets Historical Data

The historical data trend for Spartan Acquisition III'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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Spartan Acquisition III Total Current Assets Chart

Spartan Acquisition III Annual Data

Trend

Dec20

Total Current Assets

Spartan Acquisition III Quarterly Data
	Dec20	Mar21	Jun21	Sep21
Total Current Assets	-	2.60	1.97	1.58

Spartan Acquisition III 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.

Spartan Acquisition III's Total Current Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0
	=	0.00

Spartan Acquisition III's Total Current Assets for the quarter that ended in Sep. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.497	+	0	+	0	+	1.08
	=	1.58

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.

Spartan Acquisition III (NYSE:SPAQ.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.

Spartan Acquisition III's Liquidation Value for the quarter that ended in Sep. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.497	-	54.208	+	0.75 * 0	+	0.5 * 0
=	-53.71

Spartan Acquisition III Total Current Assets Related Terms

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