Helix Acquisition II (Helix Acquisition II) Total Current Assets : $2.11 Mil (As of Mar. 2024)

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What is Helix Acquisition II Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Helix Acquisition II's total current assets for the quarter that ended in Mar. 2024 was $2.11 Mil.

Helix Acquisition II Total Current Assets Historical Data

The historical data trend for Helix Acquisition II'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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Helix Acquisition II Total Current Assets Chart

Helix Acquisition II Annual Data

Trend

Dec21

Dec22

Dec23

Total Current Assets

Helix Acquisition II Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial			-	-	-	-	2.11

Helix Acquisition II 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.

Helix Acquisition II'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	+	0	+	0	+	0
	=	0.00

Helix Acquisition II'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
	=	1.844	+	0	+	0	+	0.266
	=	2.11

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.

Helix Acquisition II (NAS:HLXB) 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.

Helix Acquisition II'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)
=	1.844	-	5.543	+	0.75 * 0	+	0.5 * 0
=	-3.70

Helix Acquisition II Total Current Assets Related Terms

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Helix Acquisition II (Helix Acquisition II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Helix Acquisition Corp II (NAS:HLXB) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cormorant Asset Management, LP, 200 Clarendon Street, 52nd Floor, Boston, MA, USA, 02116

Website

Helix Acquisition Corp II is a Blank check company.

Helix Acquisition II (Helix Acquisition II) Headlines

From GuruFocus

Helix Acquisition Corp. II Announces Pricing of Upsized $160 Million Initial Public Offering

By Business Wire • 02-12-2024