GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Solution Financial Inc (OTCPK:SLNFF) » Definitions » Total Current Assets

SLNFF (Solution Financial) Total Current Assets : $8.59 Mil (As of Jan. 2025)


View and export this data going back to 2021. Start your Free Trial

What is Solution Financial Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Solution Financial's total current assets for the quarter that ended in Jan. 2025 was $8.59 Mil.


Solution Financial Total Current Assets Historical Data

The historical data trend for Solution Financial'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.

Solution Financial Total Current Assets Chart

Solution Financial Annual Data
Trend Sep15 Sep16 Sep17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 4.40 5.27 8.72 8.53

Solution Financial Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 9.66 10.98 9.33 8.53 8.59

Solution Financial 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.

Solution Financial's Total Current Assets for the fiscal year that ended in Oct. 2024 is calculated as

Solution Financial's Total Current Assets for the quarter that ended in Jan. 2025 is calculated as

* 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.


Solution Financial  (OTCPK:SLNFF) 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.

Solution Financial's Liquidation Value for the quarter that ended in Jan. 2025 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.862-15.262+0.75 * 0.204+0.5 * 0.426
=-14.03

* 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.


Solution Financial Total Current Assets Related Terms

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


Solution Financial Business Description

Traded in Other Exchanges
Address
8680 Cambie Road, Unit 137, Richmond, BC, CAN, V6X 4K1
Solution Financial Inc. specializes in sourcing and leasing solutions for luxury and exotic vehicles, yachts and other high value assets in Canada. The Company operates through retail sales, leases, and financing for automotive vehicles, boats, and commercial equipment and out of three locations being Richmond, British Columbia, Calgary, Alberta and Vaughan, Ontario. The company generates majority of its revenue from sale of vehicles.

Solution Financial Headlines

From GuruFocus