Izotropic (XCNQ:IZO) Total Current Assets : C$0.35 Mil (As of Jan. 2025)

View and export this data going back to 2018. Start your Free Trial

What is Izotropic Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Izotropic's total current assets for the quarter that ended in Jan. 2025 was C$0.35 Mil.

Izotropic Total Current Assets Historical Data

The historical data trend for Izotropic'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.

* Premium members only.

Izotropic Total Current Assets Chart

Izotropic Annual Data

Trend

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Current Assets

Get a 7-Day Free Trial

0.77

4.69

2.25

0.32

0.17

Izotropic Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Current Assets	Get a 7-Day Free Trial															0.26	0.17	0.23	0.23	0.35

Izotropic 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.

Izotropic's Total Current Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.039	+	0	+	0	+	0.127
	=	0.17

Izotropic's Total Current Assets for the quarter that ended in Jan. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.221	+	0.005	+	0	+	0.125
	=	0.35

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.

Izotropic (XCNQ:IZO) 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.

Izotropic's Liquidation Value for the quarter that ended in Jan. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.221	-	5.164	+	0.75 * 0	+	0.5 * 0
=	-4.94

Izotropic Total Current Assets Related Terms

Thank you for viewing the detailed overview of Izotropic's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Izotropic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Izotropic Corp (XCNQ:IZO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

IZOZF:USA 1R3:Germany

Address

800 - 15355, 24th Avenue, Suite 424, Surrey, BC, CAN, V4A 2H9

Website

https://www.izocorp.com

Izotropic Corp is a research and development company specializing in cancer research and early detection for breast cancer. The Izotropic Breast CT Imaging System, IZOview produces high-resolution breast images in 3D. The company has a worldwide license from the University of California to commercialize the technology.

Executives

Robert Louis Thast	10% Security Holder, Director, Senior Officer
Ali Reza Sodagar	Director

Izotropic Headlines

No Headlines