Wesana Health Holdings (XCNQ:WESA.X) Total Current Assets : C$0.50 Mil (As of Mar. 2024)

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What is Wesana Health Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Wesana Health Holdings's total current assets for the quarter that ended in Mar. 2024 was C$0.50 Mil.

Wesana Health Holdings Total Current Assets Historical Data

The historical data trend for Wesana Health Holdings'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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Wesana Health Holdings Total Current Assets Chart

Wesana Health Holdings Annual Data

Trend

Apr20

Apr21

Dec22

Dec23

Total Current Assets

0.41

0.26

2.63

0.84

Wesana Health Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial											2.63	-	2.24	0.84	0.50

Wesana Health Holdings 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.

Wesana Health Holdings's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.362	+	0.424	+	0	+	0.05
	=	0.84

Wesana Health Holdings's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.367	+	0.095	+	0	+	0.04
	=	0.50

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.

Wesana Health Holdings (XCNQ:WESA.X) 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.

Wesana Health Holdings's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.367	-	1.561	+	0.75 * 0.095	+	0.5 * 0
=	-1.12

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Wesana Health Holdings (XCNQ:WESA.X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Wesana Health Holdings Inc (XCNQ:WESA.X) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

WSNAF:USA DDX:Germany

Address

745 Thurlow Street, Suite 2400, Vancouver, BC, CAN, V6E 0C5

Website

https://www.wesanahealth.com

Wesana Health Holdings Inc is an emerging life sciences company championing the development and delivery of psychedelic and naturally-sourced therapies to treat traumatic brain injury. The Company is developing evidence-based formulations and protocols that empower patients to overcome neurological, psychological, and mental health ailments caused by trauma with the help of extensive clinical research and academic partnerships.

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