Integrated Cannabis Solutions (Integrated Cannabis Solutions) Total Current Assets : $0.00 Mil (As of Sep. 2022)

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What is Integrated Cannabis Solutions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Integrated Cannabis Solutions's total current assets for the quarter that ended in Sep. 2022 was $0.00 Mil.

Integrated Cannabis Solutions Total Current Assets Historical Data

The historical data trend for Integrated Cannabis Solutions'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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Integrated Cannabis Solutions Total Current Assets Chart

Integrated Cannabis Solutions Annual Data

Trend

Dec20

Dec21

Total Current Assets

0.01

Integrated Cannabis Solutions Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Current Assets	Get a 7-Day Free Trial					0.01	0.01	-	-	-

Integrated Cannabis Solutions 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.

Integrated Cannabis Solutions's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0.01
	=	0.01

Integrated Cannabis Solutions's Total Current Assets for the quarter that ended in Sep. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0
	=	0.00

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.

Integrated Cannabis Solutions (OTCPK:IGPK) 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.

Integrated Cannabis Solutions's Liquidation Value for the quarter that ended in Sep. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	1.374	+	0.75 * 0	+	0.5 * 0
=	-1.37

Integrated Cannabis Solutions Total Current Assets Related Terms

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Integrated Cannabis Solutions (Integrated Cannabis Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Integrated Cannabis Solutions Inc (OTCPK:IGPK) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 N. Florida Mango Road, Site 30, West Palm Beach, FL, USA, 33409

Website

https://www.igpk.org

Integrated Cannabis Solutions Inc is a developmental stage company actively engaged in evaluating investment opportunities for early-stage ventures at the crossroads of the rapidly growing fintech and medical/recreational marijuana industries.

Executives

Eugene Caiazzo

director, officer: CEO, President

1300 N FLORIDA MANGO RD., STE. 30, WEST PALM BEACH FL 33409