TSXV:RHT.H - Post by User
Post by
lscfaon Jan 02, 2024 1:14pm
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Post# 35807283
Working capital at Aug 31 $16.3 million
Working capital at Aug 31 $16.3 million Here's my guess on how co. got there....
| | | April to August | April to August | April to August | |
| | At Mar 31/23 | $10 mil equip sales | Non-current to current long term receivables | Cash from operations? | At Aug 31/23 |
| Current long term receivables | 12,389,351 | 10,000,000 | | | 22,389,351 |
| + Other current assets | 3,897,422 | | | 3,770,023 | 7,667,445 |
| - Current liabilities | 8,756,796 | 5,000,000 | | 0 | 13,756,796 |
| = Working capital | 7,529,977 | 5,000,000 | | 3,770,023 | 16,300,000 |
| | | | | | |
| Non current long term receivables | 5,901,360 | 5,000,000 | -5,901,360 | | 5,000,000 |