PlantX Life (PlantX Life) Total Current Assets : $1.13 Mil (As of Dec. 2023)

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What is PlantX Life Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. PlantX Life's total current assets for the quarter that ended in Dec. 2023 was $1.13 Mil.

PlantX Life Total Current Assets Historical Data

The historical data trend for PlantX Life'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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PlantX Life Total Current Assets Chart

PlantX Life Annual Data

Trend

Jul19

Jul20

Mar21

Mar22

Mar23

Total Current Assets

0.43

2.44

18.41

2.89

1.30

PlantX Life Quarterly Data
	Jul19	Mar20	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial											1.53	1.30	1.04	1.69	1.13

PlantX Life 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.

PlantX Life's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.116	+	0.573	+	0.559	+	0.055
	=	1.30

PlantX Life'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
	=	0.143	+	0.499	+	0.42	+	0.068
	=	1.13

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.

PlantX Life (OTCPK:PLTXF) 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.

PlantX Life'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)
=	0.143	-	20.754	+	0.75 * 0.499	+	0.5 * 0.42
=	-20.03

PlantX Life Total Current Assets Related Terms

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PlantX Life (PlantX Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PlantX Life Inc (OTCPK:PLTXF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

WNT0:Germany VEGA:Canada

Address

100 Park Royal South, Suite 504, West Vancouver, Vancouver, BC, CAN, V7T 1A2

Website

https://www.plantx.com

PlantX Life Inc is a digital-based, one-stop-shop, and distribution company with a fast-growing database with a plan to offer customers across North America. The company's operating segment includes Vegaste, PlantX Living Inc, Bloombox, Score (Squamish), Israel, Little West, Plant-Based Deli, New Deli, PlantX UK, PlantX Nevada, EH Coffee, Portfolio Coffee, and PlantX Midwest. The company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs, and brands. It has a presence in the United States, United Kingdom, Canada, Israel, and Germany.