Lions Bay Capital (TSXV:LBI) Total Current Assets : C$4.69 Mil (As of Feb. 2024)

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What is Lions Bay Capital Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lions Bay Capital's total current assets for the quarter that ended in Feb. 2024 was C$4.69 Mil.

Lions Bay Capital Total Current Assets Historical Data

The historical data trend for Lions Bay Capital'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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Lions Bay Capital Total Current Assets Chart

Lions Bay Capital Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Total Current Assets

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2.86

3.74

12.88

13.21

7.43

Lions Bay Capital Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Current Assets	Get a 7-Day Free Trial															7.44	7.43	5.66	5.20	4.69

Lions Bay Capital 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.

Lions Bay Capital's Total Current Assets for the fiscal year that ended in May. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	7.203	+	0.012	+	0	+	0.214
	=	7.43

Lions Bay Capital's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.602	+	0.059	+	0	+	0.032999999999999
	=	4.69

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.

Lions Bay Capital (TSXV:LBI) 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.

Lions Bay Capital's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.602	-	1.381	+	0.75 * 0	+	0.5 * 0
=	3.22

Lions Bay Capital Total Current Assets Related Terms

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Lions Bay Capital (TSXV:LBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lions Bay Capital Inc (TSXV:LBI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3

Website

https://www.lionsbaycapital.com

Lions Bay Capital Inc is an investment holding company. It is a mining finance and investment company that identifies and realizes the potential of early stage resource opportunities. The fundamental objective of LBI management is to generate profits and be a vehicle through which major investment institutions use to identify opportunities.

Executives

John Joseph Byrne

10% Security Holder, Director, Senior Officer

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