GFOO (Genufood Energy Enzymes) Total Current Assets: $0.03 Mil (As of Dec. 2023)


What is Genufood Energy Enzymes Total Current Assets?

Genufood Energy Enzymes GFOO -99.00% Total Current Assets is $0.03 Mil as of Dec. 2023.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Genufood Energy Enzymes's total current assets for the quarter that ended in Dec. 2023 was $0.03 Mil.

Genufood Energy Enzymes  (OTCPK:GFOO) 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.

Genufood Energy Enzymes's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.02-0.149+0.75 * 0+0.5 * 0
=-0.13

* 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.

Genufood Energy Enzymes Total Current Assets Related Terms

Genufood Energy Enzymes Total Current Assets Historical Data

* Premium members only.

The historical data trend for Genufood Energy Enzymes'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.

Genufood Energy Enzymes Total Current Assets Chart

Genufood Energy Enzymes Annual Data
Trend Sep11 Sep12 Sep13 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 0.12 0.02 0.04 0.15 0.13

Genufood Energy Enzymes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.05 0.32 0.25 0.13 0.03

Genufood Energy Enzymes 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.

Genufood Energy Enzymes's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.126+0+0+0.008
=0.13

Genufood Energy Enzymes's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.02+0+0+0.008
=0.03

* 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 $0.03 Mil mean?
Genufood Energy Enzymes (GFOO) has a Total Current Assets of $0.03 Mil as of Dec. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Genufood Energy Enzymes and its competitors.
Is Genufood Energy Enzymes' Total Current Assets too high?
Genufood Energy Enzymes' current Total Current Assets is $0.03 Mil.
How does Genufood Energy Enzymes' Total Current Assets compare to NLSC and GYGC?
Genufood Energy Enzymes' Total Current Assets of $0.03 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Total Current Assets depends on the Diversified Financial Services 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 Genufood Energy Enzymes and its competitors. Genufood Energy Enzymes's current Total Current Assets is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genufood Energy Enzymes stock overvalued right now?
Genufood Energy Enzymes (GFOO) has a current Total Current Assets of $0.03 Mil. The current Total Current Assets is $0.03 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 Genufood Energy Enzymes (GFOO), the current Total Current Assets is $0.03 Mil as of Dec. 2023. 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.

Genufood Energy Enzymes Business Description

Address 1108 S. Baldwin Avenue, Suite 107, Arcadia, CA, USA, 91007
Genufood Energy Enzymes Corp is a United States-based development stage company. The company distributes enzyme dietary supplement for human and animal consumption. ProCellax and ProAnilax are brands owned by the company. There are two sites under construction for charging stations and three sites under planning.