SoLVBL Solutions (SoLVBL Solutions) Total Current Assets : $0.12 Mil (As of Jun. 2023)

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What is SoLVBL Solutions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. SoLVBL Solutions's total current assets for the quarter that ended in Jun. 2023 was $0.12 Mil.

SoLVBL Solutions Total Current Assets Historical Data

The historical data trend for SoLVBL Solutions'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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SoLVBL Solutions Total Current Assets Chart

SoLVBL Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Current Assets

0.10

0.50

1.76

0.34

SoLVBL Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Current Assets	Get a 7-Day Free Trial													1.06	0.76	0.34	0.25	0.12

SoLVBL Solutions 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.

SoLVBL Solutions's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.032	+	0.164	+	0	+	0.143
	=	0.34

SoLVBL Solutions's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.074	+	0.028	+	0	+	0.019
	=	0.12

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.

SoLVBL Solutions (OTCPK:SOLBF) 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.

SoLVBL Solutions's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.074	-	2.482	+	0.75 * 0	+	0.5 * 0
=	-2.41

SoLVBL Solutions Total Current Assets Related Terms

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SoLVBL Solutions (SoLVBL Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoLVBL Solutions Inc (OTCPK:SOLBF) » Definitions » Total Current Assets

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Traded in Other Exchanges

SOLV:Canada

Address

100 King Street West, First Canadian Place, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.solvbl.com

SoLVBL Solutions Inc is a solution engineering company specializing in applications that address critical data integrity problems. Its products and services include a Supply-chain ecosystem, which enables a single entity to monitor, measure, and manage its inventory and supply management; and a Tracking system that provides a level of security by registering tracker profiles on the ledger using a 256-bit hash. It generates revenue through the sale of services for Blockchain software products.

SoLVBL Solutions (SoLVBL Solutions) Headlines

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