Beyond Oil (XCNQ:BOIL) Total Current Assets : C$2.29 Mil (As of Mar. 2024)

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What is Beyond Oil Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Beyond Oil's total current assets for the quarter that ended in Mar. 2024 was C$2.29 Mil.

Beyond Oil Total Current Assets Historical Data

The historical data trend for Beyond Oil'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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Beyond Oil Total Current Assets Chart

Beyond Oil Annual Data

Trend

Dec21

Dec22

Dec23

Total Current Assets

0.61

1.35

1.15

Beyond Oil Quarterly Data
	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial									1.35	3.20	1.35	1.15	2.29

Beyond Oil 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.

Beyond Oil'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
	=	0.551	+	0.085	+	0.515	+	0
	=	1.15

Beyond Oil's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.692	+	0.127	+	0.468	+	0.00099999999999989
	=	2.29

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.

Beyond Oil (XCNQ:BOIL) 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.

Beyond Oil'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)
=	1.692	-	1.845	+	0.75 * 0.016	+	0.5 * 0.468
=	0.09

Beyond Oil Total Current Assets Related Terms

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Beyond Oil (XCNQ:BOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beyond Oil Ltd (XCNQ:BOIL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

BEOLF:USA

Address

1208 Rosewood Crescent, North Vancouver, Vancouver, BC, CAN, V7P1H4

Website

https://www.beyondoil.co

Beyond Oil Ltd is a food-tech company that has developed a solution to reduce free fatty acid from oil while preserving the oil's quality and nutritional value. The company develops products that extend the usable life of frying oil improve food quality and reduce frying oil costs. It offers FryDay which is an active filter powder that eliminates harmful Free Fatty Acids (FFA) generated in the oil.

Executives

Robert Jalun Kiesman	Director, Senior Officer
Jonathan Or	Director, Senior Officer