Starrex International (XCNQ:STX) Total Current Assets : C$3.94 Mil (As of Dec. 2023)

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What is Starrex International Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Starrex International's total current assets for the quarter that ended in Dec. 2023 was C$3.94 Mil.

Starrex International Total Current Assets Historical Data

The historical data trend for Starrex International'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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Starrex International Total Current Assets Chart

Starrex International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1.06

3.26

4.20

14.19

3.94

Starrex International 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															14.19	12.96	10.83	13.59	3.94

Starrex International 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.

Starrex International'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
	=	3.145	+	0.604	+	0	+	0.195
	=	3.94

Starrex International'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
	=	3.145	+	0.604	+	0	+	0.195
	=	3.94

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.

Starrex International (XCNQ:STX) 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.

Starrex International'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)
=	3.145	-	12.379	+	0.75 * 0.409	+	0.5 * 0
=	-8.93

Starrex International Total Current Assets Related Terms

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Starrex International (XCNQ:STX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Starrex International Ltd (XCNQ:STX) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

STXMF:USA

Address

1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9

Website

https://www.starrexintl.com

Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Property Interlink, LLC managed residential appraisals and maintained all of the ordering, tracking, administrative duties and details and ensured the timeliness of appraisals that are handled during a real estate mortgage transaction, MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities, and Reliable Valuation Service, LLC provided residential evaluations of residential real estate to third parties.