Thumzup Media (Thumzup Media) Total Current Assets : $0.36 Mil (As of Mar. 2024)

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What is Thumzup Media Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Thumzup Media's total current assets for the quarter that ended in Mar. 2024 was $0.36 Mil.

Thumzup Media Total Current Assets Historical Data

The historical data trend for Thumzup Media'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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Thumzup Media Total Current Assets Chart

Thumzup Media Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

0.21

0.42

1.16

0.27

Thumzup Media Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial								0.53	0.45	0.16	0.27	0.36

Thumzup Media 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.

Thumzup Media's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.259	+	0	+	0	+	0.007
	=	0.27

Thumzup Media's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.226	+	0	+	0	+	0.13
	=	0.36

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.

Thumzup Media (OTCPK:TZUP) 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.

Thumzup Media's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.226	-	0.069	+	0.75 * 0	+	0.5 * 0
=	0.16

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Thumzup Media (Thumzup Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Thumzup Media Corp (OTCPK:TZUP) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

11845 West Olympic Boulevard, Suite 1100W No. 13, Los Angeles, CA, USA, 90064

Website

https://www.thumzupmedia.com

Thumzup Media Corp operates in the social media branding and marketing industry. The company operates in a single business segment which is social media marketing. The Thumzup App works on both iPhone and Android mobile operating systems and connects brands and people who use and love these brands. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through Venmo and PayPal.