GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Left Field Capital Corp (TSXV:LFC.P) » Definitions » Total Current Assets

Left Field Capital (TSXV:LFC.P) Total Current Assets : C$0.18 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Left Field Capital Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Left Field Capital's total current assets for the quarter that ended in Mar. 2024 was C$0.18 Mil.


Left Field Capital Total Current Assets Historical Data

The historical data trend for Left Field 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.

* Premium members only.

Left Field Capital Total Current Assets Chart

Left Field Capital Annual Data
Trend Dec22 Dec23
Total Current Assets
0.24 0.20

Left Field Capital Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only 0.23 0.21 0.20 0.20 0.18

Left Field 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.

Left Field Capital's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Left Field Capital'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.


Left Field Capital  (TSXV:LFC.P) 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.

Left Field Capital'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)
=0.183-0.014+0.75 * 0+0.5 * 0
=0.17

* 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.


Left Field Capital Total Current Assets Related Terms

Thank you for viewing the detailed overview of Left Field Capital's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Left Field Capital (TSXV:LFC.P) Business Description

Traded in Other Exchanges
N/A
Address
595 Burrard Street, Suite 1703, Vancouver, BC, CAN, V7X 1J1
Website
Left Field Capital Corp is a capital pool company.

Left Field Capital (TSXV:LFC.P) Headlines

No Headlines