Iconic Labs (LSE:ICON) Total Current Assets : £0.01 Mil (As of Dec. 2023)

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What is Iconic Labs Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Iconic Labs's total current assets for the quarter that ended in Dec. 2023 was £0.01 Mil.

Iconic Labs Total Current Assets Historical Data

The historical data trend for Iconic Labs'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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Iconic Labs Total Current Assets Chart

Iconic Labs Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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0.83

0.32

0.15

0.05

Iconic Labs Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial											0.15	-	0.09	0.05	0.01

Iconic Labs 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.

Iconic Labs's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.05	+	0	+	0	+	0
	=	0.05

Iconic Labs's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0.013	+	0	+	1.7347234759768E-18
	=	0.01

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.

Iconic Labs (LSE:ICON) 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.

Iconic Labs's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.001	-	2.757	+	0.75 * 0.013	+	0.5 * 0
=	-2.75

Iconic Labs Total Current Assets Related Terms

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Iconic Labs (LSE:ICON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Iconic Labs PLC (LSE:ICON) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

7 Bell Yard, London, GBR, WC2A 2JR

Website

https://www.iconiclabs.co.uk

Iconic Labs PLC is a media and technology business focused on the identification, acquisition and growth of technology-driven companies in the online media, artificial intelligence, and big data gathering, processing and analysis sectors. Its asset Gay Star News ("GSN"), an online media platform is dedicated to the LGBTQ+ community that intends to continue developing with strategic partners.