Total Current Assets definition

Total Current Assets means total current assets determined in accordance with GAAP.
Total Current Assets means the amount equal to the sum of Final Current Assets in this Agreement and Final Current Assets calculated pursuant to the PMSI Agreement; "Total Current Liabilities" shall mean the amount equal to the sum of Final Current Liabilities in this Agreement and Final Current Liabilities calculated pursuant to the PMSI Agreement; "Current Asset Allocation Amount" shall mean the amount equal to the product of (A) the quotient of Final Current Assets in this Agreement divided by Total Combined Assets multiplied by (B) the Total Working Capital Deficit or Total Working Capital Surplus, as the case may be; and "Total Combined Assets" shall mean the sum of Final Current Assets under this Agreement and Final Current Assets calculated under the PMSI Agreement.
Total Current Assets means the sum of (a) cash and equivalents, plus (b) account receivables, plus (c) inventory, plus (d) other current assets, and plus (e) equity method investments of Heritage Global Capital, LLC. For purposes of this paragraph only, Total Debt shall only include the outstanding balance due under the LOC Loan.

Examples of Total Current Assets in a sentence

  • Balance SheetsAssets Current Assets Cash $77 $74 Total Current Assets $77 74 Total Assets $77 $74 Liabilities and Stockholders’ Equity (Deficit) Current Liabilities Due to Stockholder $4493 — Total Current Liabilities 4493 — Stockholders' Equity (Deficit) Common stock, $0.000001 par value, 100,000,000 shares authorized; 75,000,000 and 74,000,000 issued and outstanding as of December 31, 2020 and 2019, respectively.

  • Working Capital is defined as Total Current Assets less Total Current Liabilities.

  • Current Ratio is defined as Borrower’s Total Current Assets divided by Borrower’s Total Current Liabilities.

  • CURRENT ASSETS Cash and cash equivalents $10,108 $6,467 Other receivable 1,050 1,050 Deferred financing costs and other prepaid expenses 6,540 - Total Current Assets 17,698 7,517 OTHER ASSETS Goodwill 3,215,696 3,215,696 Total Assets $3,223,394 $3,223,213 CURRENT LIABILITIES Accrued expenses $1,373,607 $528,174 Loans payable to investors-current portion - 6,465 Notes payable, net of derivative liability 2,122,803 1,579,651 Notes payable- PureSafe, Inc.

  • ASSETS Current Assets: Cash and cash equivalents $0.00 Total Current Assets 0.00 TOTAL ASSETS $0.00 LIABILITIES AND MEMBER’S EQUITY Liabilities $0.00 Member’s Equity: $0.00 TOTAL LIABILITIES AND MEMBER’S EQUITY $0.00 See accompanying Independent Auditor’s Report and accompanying notes, which are an integral part of these financial statements.


More Definitions of Total Current Assets

Total Current Assets means the sum of the amounts of accounts receivable, inventory, prepaid expenses, deposits - current and other current assets as of the end of day for which the calculation is made.
Total Current Assets means, for any Person, all assets of such Person that, in accordance with GAAP, would be classified as current assets on the balance sheet of a company conducting a business the same as or similar to that of such Person.
Total Current Assets means cash, marketable securities, accounts receivable, inventory (including prepaid inventory), prepaid expenses and other current items as reflected in the line item entitled “Total Current Assets” on the consolidated balance sheet of the Company and its subsidiaries that will be converted into cash within 12 months of the date of such consolidated balance sheet, calculated on a net basis consistent with the Company’s past practice with respect to calculation of “Total Current Assets.”
Total Current Assets shall have the meaning set forth in Schedule 1.01(g) attached hereto.
Total Current Assets means, at any time, the total assets of the Company and its Restricted Subsidiaries which would be shown as current assets on a consolidated balance sheet of the Company and its Restricted Subsidiaries prepared in accordance with GAAP at such time.
Total Current Assets means the sum of (a) cash, (b) accounts receivable outstanding for 60 days or fewer from their invoice date (c) prepaid expenses, each as determined in accordance with GAAP, consistently applied with the Company’s past practices.
Total Current Assets means the sum of the value of the following assets: (a) cash and cash equivalents, (b) accounts receivable (of ninety (90) days or less) and (c) inventory (including stock and work-in-progress).