BXNG (Bang Holdings) Total Current Assets: $0.08 Mil (As of Jun. 2018)


What is Bang Holdings Total Current Assets?

Bang Holdings BXNG Total Current Assets is $0.08 Mil as of Jun. 2018.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Bang Holdings's total current assets for the quarter that ended in Jun. 2018 was $0.08 Mil.

Bang Holdings  (OTCPK:BXNG) 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.

Bang Holdings's Liquidation Value for the quarter that ended in Jun. 2018 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.033-1.476+0.75 * 0.049+0.5 * 0
=-1.41

* 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.

Bang Holdings Total Current Assets Related Terms

Bang Holdings Total Current Assets Historical Data

* Premium members only.

The historical data trend for Bang Holdings'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.

Bang Holdings Total Current Assets Chart

Bang Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Total Current Assets
0.59 0.11 0.26 0.17

Bang Holdings Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 0.05 0.18 0.17 0.11 0.08

Bang Holdings 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.

Bang Holdings's Total Current Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.075+0.096+0+0.001
=0.17

Bang Holdings's Total Current Assets for the quarter that ended in Jun. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.033+0.049+0+0.001
=0.08

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $0.08 Mil mean?
Bang Holdings (BXNG) has a Total Current Assets of $0.08 Mil as of Jun. 2018. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Bang Holdings and its competitors.
Is Bang Holdings' Total Current Assets too high?
Bang Holdings' current Total Current Assets is $0.08 Mil.
How does Bang Holdings' Total Current Assets compare to GLLA and GRTD?
Bang Holdings' Total Current Assets of $0.08 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Media - Diversified company?
A good Total Current Assets depends on the Media - Diversified industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Bang Holdings and its competitors. Bang Holdings's current Total Current Assets is $0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bang Holdings stock overvalued right now?
Bang Holdings (BXNG) has a current Total Current Assets of $0.08 Mil. The current Total Current Assets is $0.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Bang Holdings (BXNG), the current Total Current Assets is $0.08 Mil as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Bang Holdings Business Description

Address 1400 North East Miami Gardens Drive, Suite 208, North Miami Beach, FL, USA, 33179
Bang Holdings Corp is a US-based brand management and digital advertising company that provides content and an influencer-based marketing network to the cannabis industry. The company operates its business through subsidiaries namely Bang Digital Media which is a cannabis-focused digital media company and Bang Vapor which is an e-juice company that can crossover to the cannabis market. Bang Digital Media is the hub for all cannabusiness related advertising, content creation, technology and marketing. It consists of two divisions, the multi-platform 4TTnetwork, and a network of social media influencers. Bang Vapor is a marketer of vaporizer pens and E-liquid for the vaporizer industry. Its products include disposable e-cigs, rechargeable e-cigs and vaporizer pens or e-vaporizers.