Delta 9 Cannabis (FRA:V5D1) Total Current Assets : €12.47 Mil (As of Dec. 2023)

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What is Delta 9 Cannabis Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Delta 9 Cannabis's total current assets for the quarter that ended in Dec. 2023 was €12.47 Mil.

Delta 9 Cannabis Total Current Assets Historical Data

The historical data trend for Delta 9 Cannabis'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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Delta 9 Cannabis Total Current Assets Chart

Delta 9 Cannabis Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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16.86

20.87

23.52

18.90

12.47

Delta 9 Cannabis Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															18.90	18.29	18.29	15.45	12.47

Delta 9 Cannabis 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.

Delta 9 Cannabis'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
	=	1.472	+	1.448	+	8.262	+	1.291
	=	12.47

Delta 9 Cannabis's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.472	+	1.448	+	8.262	+	1.291
	=	12.47

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.

Delta 9 Cannabis (FRA:V5D1) 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.

Delta 9 Cannabis's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.472	-	55.033	+	0.75 * 1.312	+	0.5 * 8.262
=	-48.45

Delta 9 Cannabis Total Current Assets Related Terms

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Delta 9 Cannabis (FRA:V5D1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Delta 9 Cannabis Inc (FRA:V5D1) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

DLTNF:USA V5D1:Germany DN:Canada

Address

Osborne Village, P.O. Box 68096, Winnipeg, MB, CAN, R3L 2V9

Website

https://www.delta9.ca

Delta 9 Cannabis Inc is a cannabis company. It sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses. The company's subsidiary, Delta 9 Bio-Tech Inc, is a licensed producer of medical and recreational cannabis and operates an 80,000-square-foot production facility in Winnipeg, Manitoba, Canada. The company owns and operates a chain of retail stores under the Delta 9 Cannabis store brand.

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