GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Titan Logix Corp (TSXV:TLA) » Definitions » Total Current Assets

Titan Logix (TSXV:TLA) Total Current Assets : C$15.10 Mil (As of Feb. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Titan Logix Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Titan Logix's total current assets for the quarter that ended in Feb. 2024 was C$15.10 Mil.

Titan Logix Total Current Assets Historical Data

The historical data trend for Titan Logix'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.

Titan Logix Total Current Assets Chart

Titan Logix Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.60 11.53 11.87 16.54 15.33

Titan Logix Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.39 15.24 15.33 14.78 15.10

Titan Logix 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.

Titan Logix's Total Current Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=12.756+0.936+1.432+0.201
=15.33

Titan Logix's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=12.516+1.166+1.268+0.147
=15.10

* 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.

Titan Logix  (TSXV:TLA) 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.

Titan Logix's Liquidation Value for the quarter that ended in Feb. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12.516-1.47+0.75 * 1.166+0.5 * 1.268
=12.55

* 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.

Titan Logix Total Current Assets Related Terms

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

Titan Logix (TSXV:TLA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Titan Logix Corp (TSXV:TLA) » Definitions » Total Current Assets
Comparable Companies
TSXV:NXH TSXV:CAG TSXV:CTEK TSXV:REKO TSXV:AAT TSXV:ENW TSX:DYA XTER:SIE XPAR:SU ETN OSTO:ATCO A ITW PH EMR XKRX:373220 AME OTIS CMI IR XYL
Traded in Other Exchanges
TPCFF:USA
Address
4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5
Website
https://www.titanlogix.com
Titan Logix Corp designs and manufactures mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Titan's TD Series of tank-level monitors are known for their high level of accuracy, rugged design, and solid-state reliability. The solutions are designed for hazardous and non-hazardous applications and serve customers in a wide range of applications including petroleum, environmental solutions, chemical and agriculture. The company predominantly operates in two geographic regions that is Canada and the United States. It derives majority of its revenue from its business in the United States.
Executives
Grant Reeves Director

Titan Logix (TSXV:TLA) Headlines

No Headlines