Westbridge Renewable Energy (TSXV:WEB) Total Current Assets : C$29.17 Mil (As of Nov. 2024)

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What is Westbridge Renewable Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Westbridge Renewable Energy's total current assets for the quarter that ended in Nov. 2024 was C$29.17 Mil.

Westbridge Renewable Energy Total Current Assets Historical Data

The historical data trend for Westbridge Renewable 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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Westbridge Renewable Energy Total Current Assets Chart

Westbridge Renewable Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Nov21

Nov22

Nov23

Nov24

Total Current Assets

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0.66

3.29

1.82

33.88

29.17

Westbridge Renewable Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Total Current Assets	Get a 7-Day Free Trial															33.88	54.63	52.64	41.67	29.17

Westbridge Renewable 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.

Westbridge Renewable Energy's Total Current Assets for the fiscal year that ended in Nov. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	28.39	+	0.469	+	0	+	0.306
	=	29.17

Westbridge Renewable Energy's Total Current Assets for the quarter that ended in Nov. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	28.39	+	0.469	+	0	+	0.306
	=	29.17

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.

Westbridge Renewable Energy (TSXV:WEB) 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.

Westbridge Renewable Energy's Liquidation Value for the quarter that ended in Nov. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	28.39	-	13.284	+	0.75 * 0.14	+	0.5 * 0
=	15.21

Westbridge Renewable Energy Total Current Assets Related Terms

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Westbridge Renewable Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Westbridge Renewable Energy Corp (TSXV:WEB) » Definitions » Total Current Assets

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Traded in Other Exchanges

WEGYF:USA PUQ:Germany PUQ:Germany

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.westbridge.energy

Westbridge Renewable Energy Corp is Focused on the acquisition and development of solar photovoltaic projects. It develops best-in-class, utility-scale solar PV projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy. The Company has a portfolio of projects in three key jurisdictions, Canada, the U.S., and the UK.

Executives

Marcus Yang	Director
Scott Kelly	Director, Senior Officer
Pandelis Vassilakakis	Senior Officer
Marianna Alifuoco	10% Security Holder
Stefano Romanin	10% Security Holder, Director, Senior Officer