Tingo (TMNA) Total Current Assets : $20.1 Mil (As of Jun. 2023)

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What is Tingo Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tingo's total current assets for the quarter that ended in Jun. 2023 was $20.1 Mil.

Tingo Total Current Assets Historical Data

The historical data trend for Tingo'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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Tingo Total Current Assets Chart

Tingo Annual Data

Trend

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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1.52

1.40

270.19

492.81

19.64

Tingo Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Current Assets	Get a 7-Day Free Trial															1,514.17	632.59	19.64	19.92	20.07

Tingo 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.

Tingo'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
	=	0.001	+	19.638	+	0	+	-3.5527136788005E-15
	=	19.6

Tingo's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.014	+	20.059	+	0	+	-0.0010000000000012
	=	20.1

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.

Tingo (OTCPK:TMNA) 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.

Tingo's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.014	-	38.398	+	0.75 * 0	+	0.5 * 0
=	-38.4

Tingo Total Current Assets Related Terms

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Tingo (TMNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tingo Inc (OTCPK:TMNA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

11650 South State Street, Suite 240, Draper, UT, USA, 84020

Website

https://www.tingoinc.com

Tingo Inc is an Agri-Fintech company offering a comprehensive platform service through the use of smartphones (using GSM technology) to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities. The ecosystem provides a 'one-stop-shop solution to enable such subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers, access to insurance services, and microfinance to support their value chain from 'seed to sale'.

Executives

Dozy Mmobousi	director, 10 percent owner, officer: CEO	BRICKFIELD, RADLETT X0 WD7 8BS
Christophe Charlier	director	7F 77/2 AL-FARABI AVENUE, ALMATY 1P 050040
Rory Bowen	officer: Chief of Staff	APARTMENT 19, 2 OFFENHAM ROAD, LONDON X0 SW9 7BN
Daksheshkumar B Patel	director, officer: CFO	APARTMENT 205, THE EMPEROR, 8 WEST ROAD SOUTH, SANDTON, JOHANNESBURG T3 2196
Leslie Nabanya Kasumba	director	199 SIBAYA SANDS 9 THE STRAIGHT AVENUE, PINESLOPES, LONEHILL, SANDTON, JOHANNESBURG T3 2191
Kenneth I Denos	officer: EVP, Genl Counsel & Secy	10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Onyekachi Elochukwu Onubogu	director	14 A DASILVA ROAD, LAGOS Q5 101222
Christopher John Cleverly	director, officer: President	60 THE GREEN, POULSHOT DEVICES X0 5N101RT
Derrick Randall-emeka	director	21 MILESPIT HILL, MILL HILL X0 NW7 2PJ
Adewale Adebayo	director	1004 ESTATE, CLUSTAR D1 APARTMENT 116, VICTORIA ISLAND / LAGOS Q5 101241
Alex Lightman	director	3470 ONLEY-LAYTONSVILLE ROAD, SUITE 118, OLNEY MD 20832
John J Brown	director	1450 BOOT RD BLDG 400, ROM TECH INC, WEST CHESTER PA 19380
Zoliwe Macanda-simbodyal	director	29 WOOLCOMBES COURT, LONDON X0 SE16 5RQ
Gurjinder Johal	director	301 EAST 21ST, #13B, NEW YORK NY 10010
Tingo, Inc.	10 percent owner	11650 SOUTH STATE STREET, SUITE 240, DRAPER UT 84020