MTL Cannabis (XCNQ:MTLC) Total Current Assets : C$31.50 Mil (As of Dec. 2024)

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What is MTL Cannabis Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. MTL Cannabis's total current assets for the quarter that ended in Dec. 2024 was C$31.50 Mil.

MTL Cannabis Total Current Assets Historical Data

The historical data trend for MTL Cannabis'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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MTL Cannabis Total Current Assets Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Current Assets

6.80

14.64

17.55

20.19

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial								20.73	20.19	22.84	28.05	31.50

MTL Cannabis 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.

MTL Cannabis's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.352	+	6.775	+	10.184	+	1.875
	=	20.19

MTL Cannabis's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.494	+	10.604	+	16.263	+	1.134
	=	31.50

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.

MTL Cannabis (XCNQ:MTLC) 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.

MTL Cannabis's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.494	-	63.997	+	0.75 * 7.975	+	0.5 * 16.263
=	-46.39

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MTL Cannabis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (XCNQ:MTLC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

J4E:Germany

Address

4225 Autoroute Transcanadienne, Pointe-Claire, Montreal, QC, CAN, H9R 1B4

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis. It uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly craft for the masses.

Executives

Kevin David Weitzman	Director or Senior Officer of 10% Security Holder
Michel Karl Clement	10% Security Holder, Senior Officer
Archerwill Investments Inc.	10% Security Holder

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