CHOOF (Choom Holdings) Total Current Assets: $1.30 Mil (As of Dec. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Choom Holdings Total Current Assets?

Choom Holdings CHOOF -90.00% Total Current Assets is $1.30 Mil as of Dec. 2021.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Choom Holdings's total current assets for the quarter that ended in Dec. 2021 was $1.30 Mil.

Choom Holdings  (OTCPK:CHOOF) 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.

Choom Holdings's Liquidation Value for the quarter that ended in Dec. 2021 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.571-17.512+0.75 * 0.031+0.5 * 0.405
=-16.72

* 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.

Choom Holdings Total Current Assets Related Terms

Choom Holdings Total Current Assets Historical Data

* Premium members only.

The historical data trend for Choom 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.

Choom Holdings Total Current Assets Chart

Choom Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 7.82 5.35 2.16 1.88

Choom Holdings Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 2.04 2.34 1.88 1.57 1.30

Choom 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.

Choom Holdings's Total Current Assets for the fiscal year that ended in Jun. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.258+0.472+0.744+0.401
=1.88

Choom Holdings's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.571+0.031+0.405+0.294
=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.

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 $1.30 Mil mean?
Choom Holdings (CHOOF) has a Total Current Assets of $1.30 Mil as of Dec. 2021. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Choom Holdings and its competitors.
Is Choom Holdings' Total Current Assets too high?
Choom Holdings' current Total Current Assets is $1.30 Mil.
How does Choom Holdings' Total Current Assets compare to KAYS and PHCG?
Choom Holdings' Total Current Assets of $1.30 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Current Assets depends on the Drug Manufacturers 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 Choom Holdings and its competitors. Choom Holdings's current Total Current Assets is $1.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choom Holdings stock overvalued right now?
Choom Holdings (CHOOF) has a current Total Current Assets of $1.30 Mil. The current Total Current Assets is $1.30 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 Choom Holdings (CHOOF), the current Total Current Assets is $1.30 Mil as of Dec. 2021. 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.

Choom Holdings Business Description

Address 191 W. 2nd Avenue, Vancouver, BC, CAN, V5Y 1B8
Choom Holdings Inc is a retail cannabis company that has established an extensive store network across Canada. Choom is focused on delivering an elevated customer experience through high-quality service. The Choom brand is inspired by Hawaii's Choom Gang.