Current Water Technologies (TSXV:WATR) Total Current Assets : C$1.28 Mil (As of Sep. 2023)

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What is Current Water Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Current Water Technologies's total current assets for the quarter that ended in Sep. 2023 was C$1.28 Mil.

Current Water Technologies Total Current Assets Historical Data

The historical data trend for Current Water 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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Current Water Technologies Total Current Assets Chart

Current Water Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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0.74

0.53

0.88

1.11

0.67

Current Water Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets	Get a 7-Day Free Trial															1.34	0.67	0.93	1.09	1.28

Current Water 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.

Current Water Technologies'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
	=	0.119	+	0.037	+	0.459	+	0.054
	=	0.67

Current Water Technologies's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.379	+	0.387	+	0.44	+	0.073
	=	1.28

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.

Current Water Technologies (TSXV:WATR) 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.

Current Water Technologies's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.379	-	1.093	+	0.75 * 0.387	+	0.5 * 0.44
=	-0.20

Current Water Technologies Total Current Assets Related Terms

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Current Water Technologies (TSXV:WATR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Current Water Technologies Inc (TSXV:WATR) » Definitions » Total Current Assets

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ENPRF:USA

Address

70 Southgate Drive, Unit 4, Guelph, ON, CAN, N1G 4P5

Website

https://www.currentwatertechnologies.com

Current Water Technologies Inc is engaged in the development of environmental technologies. The company offers advanced technology for the treatment of industrial and municipal wastewater and drinking water resources. It offers technology such as electro-static deionization and the treatment of total ammonia (AmmEL). Electro-static deionization is a capacitive deionization technology for the removal of total dissolved solids, whereas AmmEL is an ammonia removal technology to treat ammonia contaminated water. It operates through the following segments: The current Water segment and the Pumptronics segment. The firm generates the majority of revenue from the Pumptronics segment which develops hydraulic fluid systems to move water and other liquids.

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