IBKKF (iMining Technologies) Total Current Assets: $0.72 Mil (As of Feb. 2022)


What is iMining Technologies Total Current Assets?

iMining Technologies IBKKF Total Current Assets is $0.72 Mil as of Feb. 2022.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. iMining Technologies's total current assets for the quarter that ended in Feb. 2022 was $0.72 Mil.

iMining Technologies  (OTCPK:IBKKF) 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.

iMining Technologies's Liquidation Value for the quarter that ended in Feb. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.121-0.205+0.75 * 0.134+0.5 * 0.463
=0.25

* 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.

iMining Technologies Total Current Assets Related Terms

iMining Technologies Total Current Assets Historical Data

* Premium members only.

The historical data trend for iMining Technologies'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.

iMining Technologies Total Current Assets Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 0.44 0.14 0.01 1.33

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 0.12 1.33 1.25 0.99 0.72

iMining Technologies 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.

iMining Technologies's Total Current Assets for the fiscal year that ended in May. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.225+0.043+0+0.058
=1.33

iMining Technologies's Total Current Assets for the quarter that ended in Feb. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.121+0.134+0.463+0.003
=0.72

* 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 $0.72 Mil mean?
iMining Technologies (IBKKF) has a Total Current Assets of $0.72 Mil as of Feb. 2022. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for iMining Technologies and its competitors.
Is iMining Technologies' Total Current Assets too high?
iMining Technologies' current Total Current Assets is $0.72 Mil.
How does iMining Technologies' Total Current Assets compare to FDCT and SYSX?
iMining Technologies' Total Current Assets of $0.72 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Total Current Assets depends on the Capital Markets 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 iMining Technologies and its competitors. iMining Technologies's current Total Current Assets is $0.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iMining Technologies stock overvalued right now?
iMining Technologies (IBKKF) has a current Total Current Assets of $0.72 Mil. The current Total Current Assets is $0.72 Mil. 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 iMining Technologies (IBKKF), the current Total Current Assets is $0.72 Mil as of Feb. 2022. 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.

iMining Technologies Business Description

Address 750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.