GOAT Industries (XCNQ:GOAT) Total Current Assets : C$0.03 Mil (As of Mar. 2024)

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What is GOAT Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. GOAT Industries's total current assets for the quarter that ended in Mar. 2024 was C$0.03 Mil.

GOAT Industries Total Current Assets Historical Data

The historical data trend for GOAT Industries'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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GOAT Industries Total Current Assets Chart

GOAT Industries Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

0.41

2.19

0.04

0.03

GOAT Industries Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial									0.06	0.04	0.12	0.03	0.03

GOAT Industries 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.

GOAT Industries'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
	=	0.007	+	0	+	0	+	0.018
	=	0.03

GOAT Industries'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
	=	0.01	+	0	+	0	+	0.021
	=	0.03

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.

GOAT Industries (XCNQ:GOAT) 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.

GOAT Industries'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)
=	0.01	-	0.799	+	0.75 * 0	+	0.5 * 0
=	-0.79

GOAT Industries Total Current Assets Related Terms

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GOAT Industries (XCNQ:GOAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GOAT Industries Ltd (XCNQ:GOAT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

BGTTF:USA 26B:Germany

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.goatindustries.co

GOAT Industries Ltd is a venture capital platform focused on identifying, sponsoring and incubating companies driven by environmental, social and governance values, while operating in the blue economy. It invests in private businesses in the plant-based protein, functional foods, food technology, and fermented foods sectors. The company plans to generate returns on its investments through go-public transactions, mergers or acquisitions, and the other liquidity events of its investee companies.