Lycos Energy (TSXV:LCX) Total Current Assets : C$18.7 Mil (As of Sep. 2024)

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What is Lycos Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lycos Energy's total current assets for the quarter that ended in Sep. 2024 was C$18.7 Mil.

Lycos Energy Total Current Assets Historical Data

The historical data trend for Lycos Energy'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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Lycos Energy Total Current Assets Chart

Lycos Energy Annual Data

Trend

Oct21

Oct22

Dec23

Total Current Assets

0.13

0.11

15.59

Lycos Energy Quarterly Data
	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial							15.09	15.59	16.46	20.91	18.73

Lycos Energy 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.

Lycos Energy'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
	=	3.822	+	6.658	+	0	+	5.108
	=	15.6

Lycos Energy's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	12.459	+	0	+	6.268
	=	18.7

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.

Lycos Energy (TSXV:LCX) 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.

Lycos Energy's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	98.151	+	0.75 * 12.459	+	0.5 * 0
=	-88.8

Lycos Energy Total Current Assets Related Terms

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Lycos Energy Business Description

Industry

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Address

333 7 Avenue SW, Calgary, AB, CAN, T2P 2Z1

Website

https://www.lycosenergy.com

Lycos Energy Inc is an oil-focused, exploration, development, and production company based in Calgary, Alberta, operating high-quality, heavy-oil, development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area.

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