CUBXF (CubicFarm Systems) Total Current Assets: $8.25 Mil (As of Sep. 2024)


CUBXF CubicFarm Systems Corp CUBXF
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What is CubicFarm Systems Total Current Assets?

CubicFarm Systems CUBXF 10 Total Current Assets is $8.25 Mil as of Sep. 2024. GuruFocus rates CUBXF with a GF Score™ of 10/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. CubicFarm Systems's total current assets for the quarter that ended in Sep. 2024 was $8.25 Mil.

CubicFarm Systems  (OTCPK:CUBXF) 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.

CubicFarm Systems's Liquidation Value for the quarter that ended in Sep. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.014-30.371+0.75 * 0.111+0.5 * 6.784
=-26.88

* 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.

CubicFarm Systems Total Current Assets Related Terms

CubicFarm Systems Total Current Assets Historical Data

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The historical data trend for CubicFarm Systems'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.

CubicFarm Systems Total Current Assets Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial 9.86 7.47 27.62 15.32 8.27

CubicFarm Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.70 8.27 8.28 8.41 8.25
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CubicFarm Systems Corp CUBXF
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CubicFarm Systems 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.

CubicFarm Systems'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
=0.132+0.693+6.62+0.823
=8.27

CubicFarm Systems's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.014+0.718+6.784+0.736
=8.25

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $8.25 Mil mean?
CubicFarm Systems (CUBXF) has a Total Current Assets of $8.25 Mil as of Sep. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for CubicFarm Systems and its competitors.
Is CubicFarm Systems' Total Current Assets too high?
CubicFarm Systems' current Total Current Assets is $8.25 Mil. Overall, CubicFarm Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does CubicFarm Systems' Total Current Assets compare to LEVGQ and NKLAQ?
CubicFarm Systems' Total Current Assets of $8.25 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Farm & Heavy Construction Machinery company?
A good Total Current Assets depends on the Farm & Heavy Construction Machinery industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for CubicFarm Systems and its competitors. CubicFarm Systems's current Total Current Assets is $8.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CubicFarm Systems stock overvalued right now?
CubicFarm Systems (CUBXF) has a current Total Current Assets of $8.25 Mil. The current Total Current Assets is $8.25 Mil. CubicFarm Systems' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For CubicFarm Systems (CUBXF), the current Total Current Assets is $8.25 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CubicFarm Systems Business Description

Address 7170 Glover Road, Langley, BC, CAN, V2Y 2R1
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solutions and automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition, allowing for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.
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