CLPMF (Clip Money) Total Current Assets : $3.22 Mil (As of Mar. 2025)

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What is Clip Money Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Clip Money's total current assets for the quarter that ended in Mar. 2025 was $3.22 Mil.

Clip Money Total Current Assets Historical Data

The historical data trend for Clip Money'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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Clip Money Total Current Assets Chart

Clip Money Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Total Current Assets

1.20

1.65

6.36

2.71

Clip Money Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Total Current Assets	Get a 7-Day Free Trial											4.50	2.53	3.73	2.71	3.22

Clip Money 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.

Clip Money's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.998	+	0.64	+	0	+	0.068
	=	2.71

Clip Money's Total Current Assets for the quarter that ended in Mar. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.749	+	0.408	+	0	+	0.062
	=	3.22

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.

Clip Money (OTCPK:CLPMF) 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.

Clip Money's Liquidation Value for the quarter that ended in Mar. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.749	-	20.056	+	0.75 * 0.408	+	0.5 * 0
=	-17.00

Clip Money Total Current Assets Related Terms

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Clip Money Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clip Money Inc (OTCPK:CLPMF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

CLIP:Canada

Address

96 Riverdale Avenue, Ottawa, ON, CAN, K1S 1R2

Website

https://www.clipmoney.com

Clip Money Inc is a Canadian-based company principally in the business of providing a proprietary deposit network to businesses and financial institutions located across North America. A network of ClipDrop safes located in malls, box stores, and grocery chains, Clip improves the business deposit experience through transformational digital and mobile-enabled services. The company has one operating segment, which is providing a proprietary deposit network to businesses located across North America. The company combines functional hardware, an intuitive mobile app, and a cloud-based transaction engine that maximizes business banking transactions. It also facilitates mobile change orders, which are fully insured and shipped within one to two business days.