Wave Sync (Wave Sync) Total Current Assets : $0.95 Mil (As of Mar. 2022)

View and export this data going back to 1994. Start your Free Trial

What is Wave Sync Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Wave Sync's total current assets for the quarter that ended in Mar. 2022 was $0.95 Mil.

Wave Sync Total Current Assets Historical Data

The historical data trend for Wave Sync'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.

* Premium members only.

Wave Sync Total Current Assets Chart

Wave Sync Annual Data

Trend

Jun09

Jun10

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Current Assets

Get a 7-Day Free Trial

0.07

0.01

3.05

Wave Sync Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Total Current Assets	Get a 7-Day Free Trial															-	0.13	1.72	3.05	0.95

Wave Sync 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.

Wave Sync's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.877	+	0.064	+	0.003	+	0.105
	=	3.05

Wave Sync's Total Current Assets for the quarter that ended in Mar. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.556	+	0.089	+	0.002	+	0.3
	=	0.95

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.

Wave Sync (OTCPK:WAYS) 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.

Wave Sync's Liquidation Value for the quarter that ended in Mar. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.556	-	4.037	+	0.75 * 0.077	+	0.5 * 0.002
=	-3.42

Wave Sync Total Current Assets Related Terms

Thank you for viewing the detailed overview of Wave Sync's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Wave Sync (Wave Sync) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Wave Sync Corp (OTCPK:WAYS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 West 44th Street, Suite 1001, New York, NY, USA, 10036

Website

Wave Sync Corp is a shell company.

Executives

Xinfeng Nie	director, 10 percent owner	PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Bin Zhou	director	PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Zhibin Jin	officer: Secretary	PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Jianjun Xu	director	PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Mingyong Hu	director	PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Jingmei Weng	director, officer: Chief Financial Officer	PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Sanfu Huang	director, 10 percent owner, officer: Chief Executive Officer	PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Fulun Su	director	PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000
Nie Xinfeng Co.,ltd.	10 percent owner	P.O.BOX 957, OFFSHORE INCORPORATIONS CTR, ROAD TOWN, TORTOLA D8 000000
Gaomin Huang	10 percent owner	PUDONG BUILDING, 2ND FLOOR, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Sanfu Holding Co.,ltd	10 percent owner	PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Xiaoshuang Chen	director	RM 502 HUA TENG BUILDING NO 302, JINGSONG 3RD DISTRICT CHAOYANG DISTRICT, BEIJING F4 100021
Yong Bian	director	C/O CHINA INSONLINE CORP., 4F HENRY HOUSE, 10 ICEHOUSE ST., CENTRAL HONG KONG F4 00000
Renbin Yu	director	RM 502 HUA TENG BUILDING NO 302, JINGSONG 3RD DISTRICT CHAOYANG DISTRICT, BEIJING F4 100021
Edith Kamying Ho	director	800 5TH AVENUE, SUITE 4100, SEATTLE WA 98104