INDVR Brands (XCNQ:IDVR) Total Current Assets : C$2.14 Mil (As of Oct. 2021)

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What is INDVR Brands Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. INDVR Brands's total current assets for the quarter that ended in Oct. 2021 was C$2.14 Mil.

INDVR Brands Total Current Assets Historical Data

The historical data trend for INDVR Brands'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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INDVR Brands Total Current Assets Chart

INDVR Brands Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Total Current Assets

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1.61

1.44

1.79

INDVR Brands Quarterly Data
	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21
Total Current Assets	Get a 7-Day Free Trial															1.14	1.79	1.71	2.07	2.14

INDVR Brands 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.

INDVR Brands's Total Current Assets for the fiscal year that ended in Jan. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.117	+	1.512	+	0	+	0.16
	=	1.79

INDVR Brands's Total Current Assets for the quarter that ended in Oct. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.02	+	1.646	+	0.301	+	0.169
	=	2.14

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.

INDVR Brands (XCNQ:IDVR) 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.

INDVR Brands's Liquidation Value for the quarter that ended in Oct. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.02	-	8.877	+	0.75 * 1.125	+	0.5 * 0.301
=	-7.86

INDVR Brands Total Current Assets Related Terms

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INDVR Brands (XCNQ:IDVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » INDVR Brands Inc (XCNQ:IDVR) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9

Website

https://www.indvr-brands.com

INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

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