The Western Investment Company of Canada (TSXV:WI) Total Current Assets : C$0.29 Mil (As of Mar. 2024)

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What is The Western Investment Company of Canada Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. The Western Investment Company of Canada's total current assets for the quarter that ended in Mar. 2024 was C$0.29 Mil.

The Western Investment Company of Canada Total Current Assets Historical Data

The historical data trend for The Western Investment Company of Canada'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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The Western Investment Company of Canada Total Current Assets Chart

The Western Investment Company of Canada Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.78

0.42

0.05

0.42

0.66

The Western Investment Company of Canada Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															0.07	0.46	0.18	0.66	0.29

The Western Investment Company of Canada 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.

The Western Investment Company of Canada's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.619	+	0.013	+	0	+	0.024
	=	0.66

The Western Investment Company of Canada's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.007	+	0.216	+	0	+	0.064
	=	0.29

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.

The Western Investment Company of Canada (TSXV:WI) 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.

The Western Investment Company of Canada's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.007	-	6.852	+	0.75 * 0.008	+	0.5 * 0
=	-6.84

The Western Investment Company of Canada Total Current Assets Related Terms

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The Western Investment Company of Canada (TSXV:WI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Western Investment Company of Canada Ltd (TSXV:WI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1010 - 24th Street SE, High River, AB, CAN, T1V 2A7

Website

https://www.winv.ca

The Western Investment Company of Canada Ltd is a Canada-based investment company. Its purpose is to create long-term wealth for shareholders by building and maintaining a portfolio of stable and profitable Western-based companies and helping them to grow and prosper. The company's strategy is to acquire a diversified portfolio of established Western Canadian private businesses and create value through the identification, acquisition, and long-term ownership of private businesses with sustained cash flows and potential for organic growth.

Executives

Stacey Cross

Senior Officer

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