Xigem Technologies (XCNQ:XIGM) Total Current Assets : C$0.14 Mil (As of Dec. 2024)

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What is Xigem Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Xigem Technologies's total current assets for the quarter that ended in Dec. 2024 was C$0.14 Mil.

Xigem Technologies Total Current Assets Historical Data

The historical data trend for Xigem Technologies'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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Xigem Technologies Total Current Assets Chart

Xigem Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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2.37

1.07

0.39

0.09

0.14

Xigem Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															0.09	0.23	0.15	0.13	0.14

Xigem Technologies 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.

Xigem Technologies's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.034	+	0.11	+	0	+	-2.7755575615629E-17
	=	0.14

Xigem Technologies'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
	=	0.034	+	0.11	+	0	+	-2.7755575615629E-17
	=	0.14

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.

Xigem Technologies (XCNQ:XIGM) 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.

Xigem Technologies'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)
=	0.034	-	0.537	+	0.75 * 0.065	+	0.5 * 0
=	-0.45

Xigem Technologies Total Current Assets Related Terms

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Xigem Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xigem Technologies Corp (XCNQ:XIGM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

XIGMF:USA VZ6:Germany

Address

401 Bay Street, Suite 2704, Box 4, Toronto, ON, CAN, M5H 2Y4

Website

https://www.xigemtechnologies.com

Xigem Technologies Corp is a SaaS technology platform with software capable of improving capacity, productivity, and overall remote operations for businesses, consumers, and other organizations. It consists of a comprehensive cloud-computing solution for remote business operations and institutions, giving safety and access to remote virtual work environments.

Executives

Stephen Edward Coates

Director

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