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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. QSAM Biosciences's total current assets for the quarter that ended in Dec. 2023 was $1.71 Mil.
The historical data trend for QSAM Biosciences'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.
QSAM Biosciences Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Current Assets | Get a 7-Day Free Trial | 0.01 | 0.02 | 1.67 | 0.37 | 1.71 |
QSAM Biosciences Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Total Current Assets | Get a 7-Day Free Trial | 0.37 | 1.29 | 0.46 | 0.61 | 1.71 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
QSAM Biosciences'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 |
= | 1.386 | + | 0 | + | 0 | + | 0.319 | |
= | 1.71 |
QSAM Biosciences'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 |
= | 1.386 | + | 0 | + | 0 | + | 0.319 | |
= | 1.71 |
* 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.
QSAM Biosciences (OTCPK:QSAM) 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.
QSAM Biosciences'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) |
= | 1.386 | - | 1.033 | + | 0.75 * 0 | + | 0.5 * 0 |
= | 0.35 |
* 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.
Thank you for viewing the detailed overview of QSAM Biosciences's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Adam King | officer: Chief Financial Officer | 9442 CAPITAL OF TEXAS HWY N, PLAZA 1, SUITE 500, AUSTIN TX 78759 |
Link Jr. Charles J | director | C/O NEWLINK GENETICS CORP., 2503 SOUTH LOOP DR., SUITE 5100, AIMES IA 50010 |
Adriann Sax | director | 7 DORSET COURT,, EAST BRUNSWICK, NJ 08816 |
David Charles Link | director | 2100 E 54TH STREET NORTH, SIOUX FALLS SD 57104 |
Douglas R Baum | director, officer: CEO & Director | 5000 RAFFEE COVE, AUSTIN TX 78731-1132 |
C Richard Piazza | director, officer: Executive Chairman | 2236 EAST MALL, SUITE 208, UNIVERSITY OF BRITISH COLUMBIA, VANCOUVER A1 V6T 1Z3 |
Checkmate Strategic Capital Holdings, Llc | other: Member of 13(d) 10% owner grp | 595 E. COLORADO BOULEVARD, SUITE 530, PASADENA CA 91101 |
Checkmate Strategic Capital 2, Llc | 10 percent owner, other: See Explanation of Responses | 595 E. COLORADO BOULEVARD, SUITE 530, PASADENA CA 91101 |
Checkmate Capital Group, Llc | 10 percent owner, other: Member of 13(d) 10% owner grp | 595 E. COLORADO BOULEVARD, SUITE 530, PASADENA CA 91101 |
Charles Thomas Paschall | other: Member of 13(d) 10% owner grp | 595 E. COLORADO BOULEVARD, SUITE 530, PASADENA CA 91101 |
Christopher M. Nelson | director, officer: General Counsel | 420 ROYAL PALM WAY, SUITE #100, PALM BEACH FL 33480 |
Scott W. Whitney | director, other: Former Director | 96 WINDSOR DRIVE, PINE BROOK NJ 07058 |
Kevin Bolin | director, officer: Former Chairman & CEO | 1081 ROSEDALE DRIVE, ATLANTA GA 30306 |
Tristan Peitz | director, other: Former Director | C/O Q2POWER TECHNOLOGIES, INC., 420 ROYAL PALM WAY, #100, PALM BEACH FL 33480 |
Joel David Mayersohn | director | 350 EAST LAS OLAS BLVD. #1150, FORT LAUDERDALE FL 33301 |
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