SPARQ Systems (TSXV:SPRQ) Total Current Assets : C$11.07 Mil (As of Dec. 2024)

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What is SPARQ Systems Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. SPARQ Systems's total current assets for the quarter that ended in Dec. 2024 was C$11.07 Mil.

SPARQ Systems Total Current Assets Historical Data

The historical data trend for SPARQ 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.

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SPARQ Systems Total Current Assets Chart

SPARQ Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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1.92

10.25

7.25

3.97

11.07

SPARQ Systems Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial													3.97	4.11	13.08	11.48	11.07

SPARQ 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.

SPARQ Systems's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.945	+	1.744	+	2.298	+	0.083
	=	11.07

SPARQ Systems's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.945	+	1.744	+	2.298	+	0.083
	=	11.07

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.

SPARQ Systems (TSXV:SPRQ) 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.

SPARQ Systems's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.945	-	0.614	+	0.75 * 1.683	+	0.5 * 2.298
=	8.74

SPARQ Systems Total Current Assets Related Terms

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SPARQ Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SPARQ Systems Inc (TSXV:SPRQ) » Definitions » Total Current Assets

Traded in Other Exchanges

SPRQF:USA M26:Germany

Address

945 Princess Street, Innovation Park, Box 212, Kingston, ON, CAN, K7L 0E9

Website

https://www.sparqsys.com

SPARQ Systems Inc designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design & installation and lowering the cost for solar power installations when compared to existing market offerings. Its microinverter system can be used in any power grid, conventional or smart, around the globe.

Executives

Baronson Trust

10% Security Holder

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