Sundance Strategies (Sundance Strategies) Total Current Assets : $0.57 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Sundance Strategies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sundance Strategies's total current assets for the quarter that ended in Dec. 2023 was $0.57 Mil.

Sundance Strategies Total Current Assets Historical Data

The historical data trend for Sundance Strategies'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.

* Premium members only.

Sundance Strategies Total Current Assets Chart

Sundance Strategies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

Get a 7-Day Free Trial

0.01

0.03

0.28

0.01

Sundance Strategies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															0.02	0.01	0.01	0.20	0.57

Sundance Strategies 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.

Sundance Strategies's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0	+	0	+	0.008
	=	0.01

Sundance Strategies's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.556	+	0	+	0	+	0.013
	=	0.57

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.

Sundance Strategies (OTCPK:SUND) 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.

Sundance Strategies's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.556	-	6.141	+	0.75 * 0	+	0.5 * 0
=	-5.59

Sundance Strategies Total Current Assets Related Terms

Thank you for viewing the detailed overview of Sundance Strategies's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Sundance Strategies (Sundance Strategies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sundance Strategies Inc (OTCPK:SUND) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

4626 North 300 West, Suite No. 365, Provo, UT, USA, 84604

Website

https://www.sundancestrategies.com

Sundance Strategies Inc is a specialty financial services company. It is engaged in the business of purchasing or acquiring life insurance policies and residual interests in or financial products tied to life insurance policies and residual interests involving life insurance policies and financial products. The company focuses on the purchase and sale of net insurance benefit contracts (NIB) based on life insurance policies.

Executives

Randall F. Pearson	director, officer: President	770 S. PALISADE DR., OREM UT 84097
Kraig Higginson	director	2296 NORTH 470 E, PROVO UT 84604
Matthew G. Pearson	officer: Chief Operating Officer	P.O. BOX 680518, PARK CITY UT 84068
Ty D. Mattingly	director, 10 percent owner	22 WEST 620 SOUTH, OREM UT 84058
Glenn S. Dickman	director, officer: Secretary	13559 TUSCALEE WAY, DRAPER UT 84020
Mitchell D. Burton	10 percent owner	1343 S. 1100 E., OREM UT 84097
Jonathan Craig Moffitt	director, officer: President and CEO	4626 NORTH 300 WEST, SUITE 375, PROVO UT 84604
Del R. Higginson	director, officer: CFO, Secretary and Treasurer	11148 NORTH SUNFLOWER DRIVE, HIGHLAND UT 84003
Kelly Trimble	10 percent owner	4685 HIGHLAND DRIVE, SUITE #207, SALT LAKE CITY UT 84117
Mark C Burdge	director, 10 percent owner	815 EAST OSMOND LANE, PROVO UT 84604
Howard Abrams	director, officer: CEO and CFO
Mark Sansom	other: No longer a 10% holder	4061 POWER CIRCLE, SALT LAKE CITY UT 84124
Globe Energy Technologies, Llc	10 percent owner	5055 N. EDGEWOOD DR, PO BOX 222, PROVE UT 84604
Lance Musicant	director, 10 percent owner, officer: President,CFO, CEO	5017 WILD BUFFALO AVE, LAS VEGAS NV 89131
Allen Musicant	director, 10 percent owner, officer: Vice President	5017 WILD BUFFALO AVE, LAS VEGAS NV 89131

Sundance Strategies (Sundance Strategies) Headlines

From GuruFocus

Sundance Strategies, Inc. Engages US Capital Global as Strategic Advisor and Placement Agent for up to $500 Million Investment Facility

By Marketwired Marketwired • 09-22-2020

Sundance Strategies, Inc. announces the soft launch of its' alternative fixed income asset securitization through participation in the US Capital 2021 educational webinar.

By Marketwired Marketwired • 01-06-2021

Sundance Strategies and Tradability Announce Agreement to Launch NFTs Backed by Life Settlements

By PRNewswire PRNewswire • 01-31-2022