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InterRent Real Estate Investment Trust (TSX:IIP.UN) Total Current Assets : C$58.1 Mil (As of Dec. 2023)


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What is InterRent Real Estate Investment Trust Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. InterRent Real Estate Investment Trust's total current assets for the quarter that ended in Dec. 2023 was C$58.1 Mil.

InterRent Real Estate Investment Trust Total Current Assets Historical Data

The historical data trend for InterRent Real Estate Investment Trust'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.

InterRent Real Estate Investment Trust Total Current Assets Chart

InterRent Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.98 66.16 10.66 16.00 58.10

InterRent Real Estate Investment Trust 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 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 16.00 20.91 30.62 21.09 58.10

InterRent Real Estate Investment Trust 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.

InterRent Real Estate Investment Trust'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
=2.547+7.756+0+47.796
=58.1

InterRent Real Estate Investment Trust'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
=2.547+7.756+0+47.796
=58.1

* 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.

InterRent Real Estate Investment Trust  (TSX:IIP.UN) 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.

InterRent Real Estate Investment Trust'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)
=2.547-1862.957+0.75 * 6.593+0.5 * 0
=-1,855.5

* 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.

InterRent Real Estate Investment Trust Total Current Assets Related Terms

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InterRent Real Estate Investment Trust (TSX:IIP.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » InterRent Real Estate Investment Trust (TSX:IIP.UN) » Definitions » Total Current Assets
Comparable Companies
TSX:KMP.UN TSX:MHC.U TSX:MI.UN TSX:MRG.UN TSX:NRR.UN TSX:HOM.U TSX:ERE.UN TSX:DRR.U TSXV:FCA.UN TSXV:SRES AVB EQR INVH ESS MAA SUI AMH UDR ELS CPT
Traded in Other Exchanges
IIPZF:USA
Address
485 Bank Street, Suite 207, Ottawa, ON, CAN, K2P 1Z2
Website
https://www.interrentreit.com
InterRent Real Estate Investment Trust is an open-ended real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. The company operations are carried out throughout the region of Canada. It derives revenue from investment properties which includes rents from tenants under leases, parking, laundry and other ancillary services.

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