YourWay Cannabis Brands (YourWay Cannabis Brands) Total Current Assets : $18.56 Mil (As of Sep. 2021)

View and export this data going back to 2020. Start your Free Trial

What is YourWay Cannabis Brands Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. YourWay Cannabis Brands's total current assets for the quarter that ended in Sep. 2021 was $18.56 Mil.

YourWay Cannabis Brands Total Current Assets Historical Data

The historical data trend for YourWay Cannabis Brands'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.

* Premium members only.

YourWay Cannabis Brands Total Current Assets Chart

YourWay Cannabis Brands Annual Data

Trend

Dec19

Dec20

Total Current Assets

2.12

6.35

YourWay Cannabis Brands Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Total Current Assets	Get a 7-Day Free Trial				5.73	6.35	15.18	15.89	18.56

YourWay Cannabis Brands 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.

YourWay Cannabis Brands's Total Current Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.062	+	2.806	+	2.203	+	0.283
	=	6.35

YourWay Cannabis Brands's Total Current Assets for the quarter that ended in Sep. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	7.663	+	4.98	+	5.367	+	0.549
	=	18.56

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.

YourWay Cannabis Brands (OTCPK:YOURF) 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.

YourWay Cannabis Brands's Liquidation Value for the quarter that ended in Sep. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.663	-	11.748	+	0.75 * 4.98	+	0.5 * 5.367
=	2.33

YourWay Cannabis Brands Total Current Assets Related Terms

Thank you for viewing the detailed overview of YourWay Cannabis Brands's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

YourWay Cannabis Brands (YourWay Cannabis Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » YourWay Cannabis Brands Inc (OTCPK:YOURF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8

Website

https://www.hollistercannabisco.com

YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.