NHMD (Nate's Food Co) Total Current Assets: $0.17 Mil (As of Nov. 2023)


What is Nate's Food Co Total Current Assets?

Nate's Food Co NHMD -99.00% Total Current Assets is $0.17 Mil as of Nov. 2023.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nate's Food Co's total current assets for the quarter that ended in Nov. 2023 was $0.17 Mil.

Nate's Food Co  (OTCPK:NHMD) 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.

Nate's Food Co'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)
=0.022-1.628+0.75 * 0+0.5 * 0
=-1.61

* 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.

Nate's Food Co Total Current Assets Related Terms

Nate's Food Co Total Current Assets Historical Data

* Premium members only.

The historical data trend for Nate's Food Co'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.

Nate's Food Co Total Current Assets Chart

Nate's Food Co Annual Data
Trend Jun10 May14 May15 May16 May17 May18 May20 May21 May22 May23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.00 0.02 0.00

Nate's Food Co Quarterly Data
May17 Aug17 Nov17 Feb18 May18 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 0.00 0.01 0.00 0.00 0.17

Nate's Food Co 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.

Nate's Food Co's Total Current Assets for the fiscal year that ended in May. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.001+0+0+0
=0.00

Nate's Food Co's Total Current Assets for the quarter that ended in Nov. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.022+0+0+0.15
=0.17

* 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 $0.17 Mil mean?
Nate's Food Co (NHMD) has a Total Current Assets of $0.17 Mil as of Nov. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Nate's Food Co and its competitors.
Is Nate's Food Co's Total Current Assets too high?
Nate's Food Co's current Total Current Assets is $0.17 Mil.
How does Nate's Food Co's Total Current Assets compare to MNTR and GMPW?
Nate's Food Co's Total Current Assets of $0.17 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Total Current Assets depends on the Capital Markets 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 Nate's Food Co and its competitors. Nate's Food Co's current Total Current Assets is $0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nate's Food Co stock overvalued right now?
Nate's Food Co (NHMD) has a current Total Current Assets of $0.17 Mil. The current Total Current Assets is $0.17 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 Nate's Food Co (NHMD), the current Total Current Assets is $0.17 Mil as of Nov. 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.

Nate's Food Co Business Description

Address 15151 Springdale Street, Huntington Beach, CA, USA, 92649
Nate's Food Co is a food manufacturing and product company that manufactures, distributes, and sells ready-to-use, pre-mixed pancake and waffle batter. The Company is engaged in Bitcoin Mining which is the process by which Bitcoins are created resulting in new blocks being added to the blockchain and new Bitcoins being issued to the miners. The company sells its products across the United States to a variety of customers through its online store.