Horizon North Logistics private (Horizon North Logistics private) Total Current Assets : $117.0 Mil (As of Mar. 2020)

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What is Horizon North Logistics private Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Horizon North Logistics private's total current assets for the quarter that ended in Mar. 2020 was $117.0 Mil.

Horizon North Logistics private Total Current Assets Historical Data

The historical data trend for Horizon North Logistics private'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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Horizon North Logistics private Total Current Assets Chart

Horizon North Logistics private Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Current Assets

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49.24

54.52

89.82

86.43

106.44

Horizon North Logistics private Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Total Current Assets	Get a 7-Day Free Trial															94.15	90.95	113.57	106.44	116.98

Horizon North Logistics private 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.

Horizon North Logistics private's Total Current Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	88.877	+	15.786	+	1.773
	=	106.4

Horizon North Logistics private's Total Current Assets for the quarter that ended in Mar. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	97.748	+	17.04	+	2.194
	=	117.0

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.

Horizon North Logistics private (OTCPK:HZNOF) 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.

Horizon North Logistics private's Liquidation Value for the quarter that ended in Mar. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	184.047	+	0.75 * 96.999	+	0.5 * 17.04
=	-102.8

Horizon North Logistics private Total Current Assets Related Terms

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Horizon North Logistics private (Horizon North Logistics private) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Horizon North Logistics Inc private (OTCPK:HZNOF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

240-4th Avenue SW, Suite 900, Calgary, AB, CAN, T2P 4H4

Website

http://www.horizonnorth.ca

Horizon North Logistics Inc is a Canadian company which provides a range of industrial services and modular construction solutions. The operating segments of the company are Camps and Catering, Rentals and Logistics, and Modular Solutions. Camps and Catering segment includes camp management services, access solutions, and maintenance and utility services as well as handles catering operations. The Rentals and Logistics include all rental operations, mat rental operations, relocatable structures rental operations, transportation operations, and associated services. Its Modular Solutions comprised of all modular manufacturing and installation operations for commercial and residential end markets. Most of the company's revenue comes from Camps and Catering segment.

Horizon North Logistics private (Horizon North Logistics private) Headlines

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