Hybrid Power Solutions (XCNQ:HPSS) Total Current Assets : C$4.11 Mil (As of Feb. 2024)

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What is Hybrid Power Solutions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hybrid Power Solutions's total current assets for the quarter that ended in Feb. 2024 was C$4.11 Mil.

Hybrid Power Solutions Total Current Assets Historical Data

The historical data trend for Hybrid Power 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.

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Hybrid Power Solutions Total Current Assets Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

Total Current Assets

0.48

1.09

2.07

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Current Assets	Get a 7-Day Free Trial					1.81	2.07	2.41	2.44	4.11

Hybrid Power 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.

Hybrid Power Solutions's Total Current Assets for the fiscal year that ended in May. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.003	+	0.495	+	1.424	+	0.149
	=	2.07

Hybrid Power Solutions's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.958	+	0.742	+	1.446	+	0.964
	=	4.11

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.

Hybrid Power Solutions (XCNQ:HPSS) 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.

Hybrid Power Solutions's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.958	-	3.057	+	0.75 * 0.598	+	0.5 * 1.446
=	-0.93

Hybrid Power Solutions Total Current Assets Related Terms

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Hybrid Power Solutions (XCNQ:HPSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hybrid Power Solutions Inc (XCNQ:HPSS) » Definitions » Total Current Assets

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Traded in Other Exchanges

E092:Germany

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

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