Cantourage Group SE (XTER:HIGH) Total Current Assets : €4.30 Mil (As of Jun. 2023)

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What is Cantourage Group SE Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Cantourage Group SE's total current assets for the quarter that ended in Jun. 2023 was €4.30 Mil.

Cantourage Group SE Total Current Assets Historical Data

The historical data trend for Cantourage Group SE'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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Cantourage Group SE Total Current Assets Chart

Cantourage Group SE Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Current Assets

0.97

1.58

4.34

4.14

Cantourage Group SE Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23
Total Current Assets	Get a 7-Day Free Trial			1.58	4.34	-	4.14	4.30

Cantourage Group SE 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.

Cantourage Group SE's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.381	+	0.741	+	0	+	0.016
	=	4.14

Cantourage Group SE's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.173	+	3.125	+	0	+	0.0010000000000003
	=	4.30

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.

Cantourage Group SE (XTER:HIGH) 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.

Cantourage Group SE's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.173	-	0.738	+	0.75 * 3.07	+	0.5 * 0
=	2.74

Cantourage Group SE Total Current Assets Related Terms

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Cantourage Group SE (XTER:HIGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cantourage Group SE (XTER:HIGH) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HIGH:Germany

Address

Feurigstrasse 54, Berlin, DEU, 10827

Website

https://www.cantourage.com

Cantourage Group SE is a medical cannabis company. The company offers products in all relevant market segments: dried flowers, extracts, Dronabinol, and pharma-grade Cannabidiol.

Executives

Patrick Hoffmann	Supervisory Board
Dr. Florian Kainzinger	Supervisory Board
Dr. / Dr. Florian / Michael Kainzinger / Ruoff	Supervisory Board
Dr. / Dr. Florian /michael Kainzinger / Ruoff	Supervisory Board
Dr. / Herr Florian / Patrick Holzapfel / Hoffmann	Supervisory Board
Dr. Florian Holzapfel	Supervisory Board
Dr. Michael Ruoff	Supervisory Board