Nextech3d AI (Nextech3d AI) Total Current Assets : $0.64 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Nextech3d AI Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nextech3d AI's total current assets for the quarter that ended in Mar. 2024 was $0.64 Mil.

Nextech3d AI Total Current Assets Historical Data

The historical data trend for Nextech3d AI'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.

* Premium members only.

Nextech3d AI Total Current Assets Chart

Nextech3d AI Annual Data

Trend

May18

May19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

1.12

15.11

10.03

4.39

1.35

Nextech3d AI Quarterly Data
	May19	Aug19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															3.92	3.54	2.81	1.35	0.64

Nextech3d AI 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.

Nextech3d AI'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
	=	0.826	+	0.305	+	0	+	0.219
	=	1.35

Nextech3d AI's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.076	+	0.386	+	0	+	0.177
	=	0.64

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.

Nextech3d AI (OTCPK:NEXCF) 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.

Nextech3d AI's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.076	-	3.608	+	0.75 * 0.197	+	0.5 * 0
=	-3.38

Nextech3d AI Total Current Assets Related Terms

Thank you for viewing the detailed overview of Nextech3d AI's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Nextech3d AI (Nextech3d AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nextech3d AI Corp (OTCPK:NEXCF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

1SS:Germany NTAR:Canada

Address

Toronto Rpo Royal Bank Plaza, Po Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://www.nextechar.com

Nextech3d AI Corp is a diversified technology company that leverages proprietary artificial intelligence (AI) to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other e-commerce retailers. The company develops and acquires disruptive technologies and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a ownership stake in the public spin-out.