MedCann Industries (MedCann Industries) Total Current Assets : $0.00 Mil (As of Apr. 2011)

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What is MedCann Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. MedCann Industries's total current assets for the quarter that ended in Apr. 2011 was $0.00 Mil.

MedCann Industries Total Current Assets Historical Data

The historical data trend for MedCann Industries'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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MedCann Industries Total Current Assets Chart

MedCann Industries Annual Data

Trend

Apr11

Apr21

Total Current Assets

0.01

MedCann Industries Semi-Annual Data
	Apr11	Apr21
Total Current Assets	-	0.01

MedCann Industries 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.

MedCann Industries's Total Current Assets for the fiscal year that ended in Apr. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0
	=	0.00

MedCann Industries's Total Current Assets for the quarter that ended in Apr. 2011 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0	+	0	+	0
	=	0.00

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.

MedCann Industries (OTCPK:NSRS) 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.

MedCann Industries's Liquidation Value for the quarter that ended in Apr. 2011 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0.016	+	0.75 * 0	+	0.5 * 0
=	-0.02

MedCann Industries Total Current Assets Related Terms

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MedCann Industries (MedCann Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MedCann Industries Inc (OTCPK:NSRS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10524 Independence Avenue, Chatsworth, CA, USA, 91311

Website

https://www.medcannindustries.com

MedCann Industries Inc is focused on the evaluation, acquisition, and development of products and businesses in the mineral resource, pharmaceutical, and medical technology industries. It creates and develops a Distribution, Research, and Manufacturing Facility. It intends to manufacture and assemble Medicine, Cosmetic, Health treatment products, and drinks. Its products include Cannabis Oil.

MedCann Industries (MedCann Industries) Headlines

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