Draganfly Investments (LSE:DRG) Total Current Assets: £0.36 Mil (As of Oct. 2017)


What is Draganfly Investments Total Current Assets?

Draganfly Investments LSE:DRG Total Current Assets is £0.36 Mil as of Oct. 2017. The stock has 5 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Draganfly Investments's total current assets for the quarter that ended in Oct. 2017 was £0.36 Mil.

Draganfly Investments  (LSE:DRG) 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.

Draganfly Investments's Liquidation Value for the quarter that ended in Oct. 2017 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.288-0.016+0.75 * 0+0.5 * 0
=0.27

* 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.

Draganfly Investments Total Current Assets Related Terms

Draganfly Investments Total Current Assets Historical Data

* Premium members only.

The historical data trend for Draganfly Investments'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.

Draganfly Investments Total Current Assets Chart

Draganfly Investments Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.13 0.05 0.07

Draganfly Investments Semi-Annual Data
Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17
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 0.10 0.05 0.24 0.07 0.36

Draganfly Investments 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.

Draganfly Investments's Total Current Assets for the fiscal year that ended in Apr. 2017 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.001+0+0+0.067
=0.07

Draganfly Investments's Total Current Assets for the quarter that ended in Oct. 2017 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.288+0+0+0.073
=0.36

* 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 £0.36 Mil mean?
Draganfly Investments (LSE:DRG) has a Total Current Assets of £0.36 Mil as of Oct. 2017. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Draganfly Investments and its competitors.
Is Draganfly Investments' Total Current Assets too high?
Draganfly Investments' current Total Current Assets is £0.36 Mil.
How does Draganfly Investments' Total Current Assets compare to competitors?
Draganfly Investments' Total Current Assets of £0.36 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Total Current Assets depends on the Asset Management 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 Draganfly Investments and its competitors. Draganfly Investments's current Total Current Assets is £0.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draganfly Investments stock overvalued right now?
Draganfly Investments (LSE:DRG) has a current Total Current Assets of £0.36 Mil. The current Total Current Assets is £0.36 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 Draganfly Investments (LSE:DRG), the current Total Current Assets is £0.36 Mil as of Oct. 2017. 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.

Draganfly Investments Business Description

Draganfly Investments Ltd is a part of the financial services sector in the United Kingdom. The key activities of the company include investment trading and holding a small portfolio of investments. The company's objective is that the funding of investment assets is primarily met from shareholders' funds. Draganfly Investments focus on a wide range of economic sector for investment opportunities.