SWMBRD Sports (XCNQ:SWIM) Total Current Assets : C$0.10 Mil (As of Nov. 2023)

View and export this data going back to 2022. Start your Free Trial

What is SWMBRD Sports Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. SWMBRD Sports's total current assets for the quarter that ended in Nov. 2023 was C$0.10 Mil.

SWMBRD Sports Total Current Assets Historical Data

The historical data trend for SWMBRD Sports'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.

* Premium members only.

SWMBRD Sports Total Current Assets Chart

SWMBRD Sports Annual Data

Trend

Feb21

Feb22

Feb23

Total Current Assets

1.24

0.46

0.21

SWMBRD Sports Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Current Assets	Get a 7-Day Free Trial								0.48	0.21	0.18	0.16	0.10

SWMBRD Sports 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.

SWMBRD Sports's Total Current Assets for the fiscal year that ended in Feb. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.015	+	0.008	+	0.092	+	0.093
	=	0.21

SWMBRD Sports's Total Current Assets for the quarter that ended in Nov. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0.001	+	0.078	+	0.022
	=	0.10

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.

SWMBRD Sports (XCNQ:SWIM) 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.

SWMBRD Sports's Liquidation Value for the quarter that ended in Nov. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.001	-	0.778	+	0.75 * 0	+	0.5 * 0.078
=	-0.74

SWMBRD Sports Total Current Assets Related Terms

Thank you for viewing the detailed overview of SWMBRD Sports's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

SWMBRD Sports (XCNQ:SWIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SWMBRD Sports Inc (XCNQ:SWIM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

https://www.swmbrd.com

SWMBRD Sports Inc is a sporting goods company focused on developing, manufacturing, marketing, and selling aquatic sports products in the sporting goods and outdoor recreation industries.