QREE (Quantum Energy) Total Current Assets: $10.75 Mil (As of Nov. 2022)


QREE Quantum Energy Inc QREE
35 GF Score
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What is Quantum Energy Total Current Assets?

Quantum Energy QREE 35 Total Current Assets is $10.75 Mil as of Nov. 2022. GuruFocus rates QREE with a GF Score™ of 35/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Quantum Energy's total current assets for the quarter that ended in Nov. 2022 was $10.75 Mil.

Quantum Energy  (OTCPK:QREE) 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.

Quantum Energy's Liquidation Value for the quarter that ended in Nov. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=10.032-13.304+0.75 * 0+0.5 * 0.118
=-3.21

* 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.

Quantum Energy Total Current Assets Related Terms

Quantum Energy Total Current Assets Historical Data

* Premium members only.

The historical data trend for Quantum Energy'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.

Quantum Energy Total Current Assets Chart

Quantum Energy Annual Data
Trend Feb10 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.06 0.00 0.00 1.97

Quantum Energy Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 8.28 6.49 7.25 4.93 10.75
QREE
35GF Score
Quantum Energy Inc QREE
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Quantum Energy 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.

Quantum Energy's Total Current Assets for the fiscal year that ended in Feb. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.97+0+0+0
=1.97

Quantum Energy's Total Current Assets for the quarter that ended in Nov. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=10.032+0.6+0.118+0
=10.75

* 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 $10.75 Mil mean?
Quantum Energy (QREE) has a Total Current Assets of $10.75 Mil as of Nov. 2022. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Quantum Energy and its competitors.
Is Quantum Energy's Total Current Assets too high?
Quantum Energy's current Total Current Assets is $10.75 Mil. Overall, Quantum Energy has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Quantum Energy's Total Current Assets compare to NBHC and PROV?
Quantum Energy's Total Current Assets of $10.75 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Current Assets depends on the Metals & Mining 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 Quantum Energy and its competitors. Quantum Energy's current Total Current Assets is $10.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum Energy stock overvalued right now?
Quantum Energy (QREE) has a current Total Current Assets of $10.75 Mil. The current Total Current Assets is $10.75 Mil. Quantum Energy's overall GF Score™ is 35/100. 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 Quantum Energy (QREE), the current Total Current Assets is $10.75 Mil as of Nov. 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.

Quantum Energy Business Description

Address 3805 Rockbottom, North Las Vegas, NV, USA, 89030
Quantum Energy Inc focuses on sourcing and processing Rare Earth (RE) elements, metals, and oxides thereby supporting the current and future production demands of the transportation, communications, space, and computing industries. It processes rare earth elements, metals, and oxides. It also manufactures and distributes magnets, oxides, and alloys.
35GF Score

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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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