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Braille Energy Systems (TSXV:BES) Total Current Assets : C$2.07 Mil (As of Mar. 2024)


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What is Braille Energy Systems Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Braille Energy Systems's total current assets for the quarter that ended in Mar. 2024 was C$2.07 Mil.


Braille Energy Systems Total Current Assets Historical Data

The historical data trend for Braille Energy Systems'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.

Braille Energy Systems Total Current Assets Chart

Braille Energy Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.66 5.26 4.41 2.67

Braille Energy Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.93 2.81 2.67 2.31 2.07

Braille Energy Systems 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.

Braille Energy Systems's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Braille Energy Systems's Total Current Assets for the quarter that ended in Mar. 2024 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.


Braille Energy Systems  (TSXV:BES) 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.

Braille Energy Systems's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.168-2.08+0.75 * 0.089+0.5 * 1.496
=-1.10

* 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.


Braille Energy Systems Total Current Assets Related Terms

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Braille Energy Systems (TSXV:BES) Business Description

Traded in Other Exchanges
N/A
Address
945 Princess Street, Box 117, Kingston, ON, CAN, K7L 0E9
Braille Energy Systems Inc is a battery manufacturing and energy storage company supplying batteries to the professional motorsports industry and the pioneer of a complete line of lightweight high-powered battery systems for the transportation market. Geographically it serves Europe, the Middle East, Africa, Asia Pacific Australia and earns key revenue from the Americas.
Executives
Jeffrey York 10% Security Holder, Director

Braille Energy Systems (TSXV:BES) Headlines

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