Hypercharge Networks (TSXV:HC) Total Current Assets : C$6.89 Mil (As of Dec. 2023)

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What is Hypercharge Networks Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hypercharge Networks's total current assets for the quarter that ended in Dec. 2023 was C$6.89 Mil.

Hypercharge Networks Total Current Assets Historical Data

The historical data trend for Hypercharge Networks'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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Hypercharge Networks Total Current Assets Chart

Hypercharge Networks Annual Data

Trend

Aug21

Total Current Assets

3.25

Hypercharge Networks Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Dec22	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial							8.95	7.31	10.00	8.68	6.89

Hypercharge Networks 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.

Hypercharge Networks's Total Current Assets for the fiscal year that ended in Aug. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.023	+	0.217	+	0	+	0.0049999999999999
	=	3.25

Hypercharge Networks's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.368	+	0.974	+	0.658	+	0.885
	=	6.89

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.

Hypercharge Networks (TSXV:HC) 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.

Hypercharge Networks's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.368	-	2.25	+	0.75 * 1.021	+	0.5 * 0.658
=	3.21

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Hypercharge Networks (TSXV:HC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hypercharge Networks Corp (TSXV:HC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HCNWF:USA PB7:Germany

Address

1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4

Website

https://www.hypercharge.com

Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.

Executives

Jason Baybutt

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Hypercharge Networks (TSXV:HC) Headlines

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