NetCents Technology (XCNQ:NC) Total Current Assets : C$3.20 Mil (As of Jul. 2020)

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What is NetCents Technology Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NetCents Technology's total current assets for the quarter that ended in Jul. 2020 was C$3.20 Mil.

NetCents Technology Total Current Assets Historical Data

The historical data trend for NetCents Technology'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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NetCents Technology Total Current Assets Chart

NetCents Technology Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Total Current Assets

0.05

0.03

0.40

3.26

0.52

NetCents Technology Quarterly Data
	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20
Total Current Assets	Get a 7-Day Free Trial															3.96	0.52	0.46	0.66	3.20

NetCents Technology 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.

NetCents Technology's Total Current Assets for the fiscal year that ended in Oct. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.305	+	0.1	+	0	+	0.112
	=	0.52

NetCents Technology's Total Current Assets for the quarter that ended in Jul. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.63	+	0.175	+	0	+	0.393
	=	3.20

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.

NetCents Technology (XCNQ:NC) 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.

NetCents Technology's Liquidation Value for the quarter that ended in Jul. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.63	-	7.301	+	0.75 * 0	+	0.5 * 0
=	-4.67

NetCents Technology Total Current Assets Related Terms

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NetCents Technology (XCNQ:NC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NetCents Technology Inc (XCNQ:NC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

350-375 Water Street, Vancouver, BC, CAN, V6B 5C6

Website

https://www.net-cents.com

NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.