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Jubilant Flame International (Jubilant Flame International) Total Current Assets : $0.02 Mil (As of Nov. 2023)


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What is Jubilant Flame International Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Jubilant Flame International's total current assets for the quarter that ended in Nov. 2023 was $0.02 Mil.


Jubilant Flame International Total Current Assets Historical Data

The historical data trend for Jubilant Flame International'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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Jubilant Flame International Total Current Assets Chart

Jubilant Flame International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.02 0.01 0.01

Jubilant Flame International Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - 0.01 0.01 0.01 0.02

Jubilant Flame International 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.

Jubilant Flame International's Total Current Assets for the fiscal year that ended in Feb. 2023 is calculated as

Jubilant Flame International's Total Current Assets for the quarter that ended in Nov. 2023 is calculated as

* 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.


Jubilant Flame International  (OTCPK:JFIL) 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.

Jubilant Flame International's Liquidation Value for the quarter that ended in Nov. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.003-1.299+0.75 * 0+0.5 * 0
=-1.30

* 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.


Jubilant Flame International Total Current Assets Related Terms

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Jubilant Flame International (Jubilant Flame International) Business Description

Traded in Other Exchanges
N/A
Address
Xin Long Road, Room 508, T1N Vi Park, 360, Shanghai, CHN, 201101
Jubilant Flame International Ltd is engaged in providing technical support services for the development of new nutrition materials and products to customers. The technical support focuses on a nutrition food series that is selling in the USA market. Currently, the nutrition food series include SEA-BUCKTHORN and Organic Sprouting Powder.
Executives
Brian Kai-ming Cheng director 16 TEMPEST DR., CHESTERFIELD MO 63017
Marinos Papazoglou director 2740 LAKE VALLEY DRIVE, COOKEVILLE TN 38506
Robert Ireland director, officer: Secretary/Treasurer 2 CHEMIN HALVERSON, LAC DES LOUPS A8 J0X3K0
Li Yan director, 10 percent owner, officer: CEO NO. 261, BLOCK 555, HONGQIAO ROAD, SHANGHAI F4 201103
Lei Wang director, officer: CFO 28010 MICHENER FALLS LN, KATY TX 77494
Kecheng Xu director, officer: Secretary/Treasurer ROOM 1402, NO. 3 BUILDING, BLOCK 69, SONGYUAN ROAD, SHANGHAI F4 200012

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