Tapinator (Tapinator) Total Current Assets : $1.46 Mil (As of Sep. 2023)

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What is Tapinator Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tapinator's total current assets for the quarter that ended in Sep. 2023 was $1.46 Mil.

Tapinator Total Current Assets Historical Data

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

Tapinator Annual Data

Trend

Oct07

Oct08

Oct09

Oct12

Oct13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Current Assets

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0.25

1.97

0.97

0.76

1.31

Tapinator Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Sep22	Sep23
Total Current Assets	Get a 7-Day Free Trial															1.50	0.96	0.77	-	1.46

Tapinator 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.

Tapinator's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.871	+	0.228	+	0	+	0.215
	=	1.31

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.482	+	0.436	+	0	+	0.537
	=	1.46

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.

Tapinator (OTCPK:TAPM) 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.

Tapinator's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.482	-	1.867	+	0.75 * 0.436	+	0.5 * 0
=	-1.06

Tapinator Total Current Assets Related Terms

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Tapinator (Tapinator) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tapinator Inc (OTCPK:TAPM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1776 Broadway, Suite 2002, New York, NY, USA, 10019

Website

https://www.tapinator.com

Tapinator Inc develops and publishes category- leading apps for mobile platforms, with a focus on social casino games. The company's library includes more than 300 titles. It offers games such as Solitaire Derby, Crypto Trillionaire, Castlebuilder, Combo Quest, and Dice Mage 2 among others. The company generates revenues through the sale of branded advertising and consumer transactions, including in-app purchases and subscriptions.