Midori Carbon (XCNQ:MIDO) Total Current Assets : C$0.84 Mil (As of Oct. 2024)

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What is Midori Carbon Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Midori Carbon's total current assets for the quarter that ended in Oct. 2024 was C$0.84 Mil.

Midori Carbon Total Current Assets Historical Data

The historical data trend for Midori Carbon'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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Midori Carbon Total Current Assets Chart

Midori Carbon Annual Data

Trend

Jan23

Jan24

Total Current Assets

1.97

1.29

Midori Carbon Quarterly Data
	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Total Current Assets	Get a 7-Day Free Trial				1.36	1.29	1.20	1.16	0.84

Midori Carbon 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.

Midori Carbon's Total Current Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.255	+	0.036	+	0	+	0
	=	1.29

Midori Carbon's Total Current Assets for the quarter that ended in Oct. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.835	+	0.008	+	0	+	0.001
	=	0.84

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.

Midori Carbon (XCNQ:MIDO) 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.

Midori Carbon's Liquidation Value for the quarter that ended in Oct. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.835	-	0.216	+	0.75 * 0	+	0.5 * 0
=	0.62

Midori Carbon Total Current Assets Related Terms

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Midori Carbon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Midori Carbon Inc (XCNQ:MIDO) » Definitions » Total Current Assets

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Traded in Other Exchanges

N/A

Address

1055 Dunsmuir Street, Suite 3104, Four Bentall Centre, Vancouver, BC, CAN, V7X 1G4

Website

https://www.midoricarbon.com

Midori Carbon Inc is a carbon credit and carbon asset company, focused on the voluntary carbon credit market. The Company has two reportable operating segment, being: Investments in carbon credit technology companies; and the development and potential commercialization of its own carbon credit trading app.

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