WFTSF (Wavefront Technology Solutions) Total Current Assets: $1.08 Mil (As of May. 2022)


WFTSF Wavefront Technology Solutions Inc WFTSF
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What is Wavefront Technology Solutions Total Current Assets?

Wavefront Technology Solutions WFTSF -99.00% 12 Total Current Assets is $1.08 Mil as of May. 2022. GuruFocus rates WFTSF with a GF Score™ of 12/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Wavefront Technology Solutions's total current assets for the quarter that ended in May. 2022 was $1.08 Mil.

Wavefront Technology Solutions  (OTCPK:WFTSF) 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.

Wavefront Technology Solutions's Liquidation Value for the quarter that ended in May. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.456-1.115+0.75 * 0.412+0.5 * 0.131
=-0.28

* 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.

Wavefront Technology Solutions Total Current Assets Related Terms

Wavefront Technology Solutions Total Current Assets Historical Data

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The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Total Current Assets Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 2.78 2.52 2.08 1.20

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.44 1.20 1.54 1.44 1.08
WFTSF
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Wavefront Technology Solutions Inc WFTSF
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Wavefront Technology Solutions 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.

Wavefront Technology Solutions's Total Current Assets for the fiscal year that ended in Aug. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.954+0.154+0.041+0.047
=1.20

Wavefront Technology Solutions's Total Current Assets for the quarter that ended in May. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.456+0.412+0.131+0.077
=1.08

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $1.08 Mil mean?
Wavefront Technology Solutions (WFTSF) has a Total Current Assets of $1.08 Mil as of May. 2022. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Wavefront Technology Solutions and its competitors.
Is Wavefront Technology Solutions' Total Current Assets too high?
Wavefront Technology Solutions' current Total Current Assets is $1.08 Mil. Overall, Wavefront Technology Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wavefront Technology Solutions' Total Current Assets compare to VYEY and ENSV?
Wavefront Technology Solutions' Total Current Assets of $1.08 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for an Oil & Gas company?
A good Total Current Assets depends on the Oil & Gas industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Wavefront Technology Solutions and its competitors. Wavefront Technology Solutions's current Total Current Assets is $1.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (WFTSF) has a current Total Current Assets of $1.08 Mil. The current Total Current Assets is $1.08 Mil. Wavefront Technology Solutions' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Wavefront Technology Solutions (WFTSF), the current Total Current Assets is $1.08 Mil as of May. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.
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