goeasy (TSX:GSY) Total Current Assets : C$3,582 Mil (As of Dec. 2023)

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What is goeasy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. goeasy's total current assets for the quarter that ended in Dec. 2023 was C$3,582 Mil.

goeasy Total Current Assets Historical Data

The historical data trend for goeasy'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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goeasy Total Current Assets Chart

goeasy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,090.71

1,253.38

2,014.58

2,693.34

3,582.05

goeasy 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															2,693.34	2,893.31	3,085.00	3,311.19	3,582.05

goeasy 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.

goeasy'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
	=	120.377	+	3428.008	+	0	+	33.662
	=	3,582

goeasy'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
	=	120.377	+	3428.008	+	0	+	33.662
	=	3,582

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.

goeasy (TSX:GSY) 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.

goeasy'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)
=	120.377	-	3110.09	+	0.75 * 78.61	+	0.5 * 0
=	-2,931

goeasy Total Current Assets Related Terms

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goeasy (TSX:GSY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » goeasy Ltd (TSX:GSY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

EHMEF:USA 1ES:Germany

Address

33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5

Website

https://www.goeasy.com

goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.