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BYND Cannasoft Enterprises (XCNQ:BYND) Total Current Assets : C$3.33 Mil (As of Dec. 2023)


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What is BYND Cannasoft Enterprises Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. BYND Cannasoft Enterprises's total current assets for the quarter that ended in Dec. 2023 was C$3.33 Mil.


BYND Cannasoft Enterprises Total Current Assets Historical Data

The historical data trend for BYND Cannasoft Enterprises'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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BYND Cannasoft Enterprises Total Current Assets Chart

BYND Cannasoft Enterprises Annual Data
Trend Dec21 Dec22 Dec23
Total Current Assets
5.75 3.45 3.33

BYND Cannasoft Enterprises Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.45 2.42 1.38 2.89 3.33

BYND Cannasoft Enterprises 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.

BYND Cannasoft Enterprises's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

BYND Cannasoft Enterprises's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

* 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.

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.


BYND Cannasoft Enterprises  (XCNQ:BYND) 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.

BYND Cannasoft Enterprises'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)
=3.114-1.975+0.75 * 0.119+0.5 * 0
=1.23

* 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.


BYND Cannasoft Enterprises Total Current Assets Related Terms

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BYND Cannasoft Enterprises (XCNQ:BYND) Business Description

Traded in Other Exchanges
Address
2264 East 11th Avenue, Vancouver, BC, CAN, V5N 1Z6
BYND Cannasoft Enterprises Inc is engaged in the continued development of its new Benefit CRM and Cannabis CRM Platform along with construction, licensing, and operation of the Cannabis Farm and indoor cannabis growing facility.

BYND Cannasoft Enterprises (XCNQ:BYND) Headlines

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