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


What is YourWay Cannabis Brands Total Current Assets?

YourWay Cannabis Brands YOURF -90.00% Total Current Assets is $18.56 Mil as of Sep. 2021.

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  (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

* 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.

YourWay Cannabis Brands Total Current Assets Related Terms

YourWay Cannabis Brands Total Current Assets Historical Data

* Premium members only.

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.

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 Premium Member Only 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

* 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.

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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $18.56 Mil mean?
YourWay Cannabis Brands (YOURF) has a Total Current Assets of $18.56 Mil as of Sep. 2021. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for YourWay Cannabis Brands and its competitors.
Is YourWay Cannabis Brands' Total Current Assets too high?
YourWay Cannabis Brands' current Total Current Assets is $18.56 Mil.
How does YourWay Cannabis Brands' Total Current Assets compare to ZTS and CTLT?
YourWay Cannabis Brands' Total Current Assets of $18.56 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Drug Manufacturers company?
A good Total Current Assets depends on the Drug Manufacturers industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for YourWay Cannabis Brands and its competitors. YourWay Cannabis Brands's current Total Current Assets is $18.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YourWay Cannabis Brands stock overvalued right now?
YourWay Cannabis Brands (YOURF) has a current Total Current Assets of $18.56 Mil. The current Total Current Assets is $18.56 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For YourWay Cannabis Brands (YOURF), the current Total Current Assets is $18.56 Mil as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

YourWay Cannabis Brands Business Description

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