NXMH (Next Meats Holdings) Total Current Assets: $0.40 Mil (As of Jan. 2024)

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What is Next Meats Holdings Total Current Assets?

Next Meats Holdings NXMH +94.37% Total Current Assets is $0.40 Mil as of Jan. 2024.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Next Meats Holdings's total current assets for the quarter that ended in Jan. 2024 was $0.40 Mil.

Next Meats Holdings  (OTCPK:NXMH) 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.

Next Meats Holdings's Liquidation Value for the quarter that ended in Jan. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.04-1.505+0.75 * 0.214+0.5 * 0.082
=-1.26

* 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.

Next Meats Holdings Total Current Assets Related Terms

Next Meats Holdings Total Current Assets Historical Data

* Premium members only.

The historical data trend for Next Meats 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.

Next Meats Holdings Total Current Assets Chart

Next Meats Holdings Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Total Current Assets
0.00 0.00 3.84 0.96

Next Meats Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.52 0.96 0.60 0.38 0.40

Next Meats 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.

Next Meats Holdings's Total Current Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.292+0.34+0.135+0.195
=0.96

Next Meats Holdings's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.04+0.229+0.082+0.046
=0.40

* 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 $0.40 Mil mean?
Next Meats Holdings (NXMH) has a Total Current Assets of $0.40 Mil as of Jan. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Next Meats Holdings and its competitors.
Is Next Meats Holdings' Total Current Assets too high?
Next Meats Holdings' current Total Current Assets is $0.40 Mil.
How does Next Meats Holdings' Total Current Assets compare to NGTF and SHRG?
Next Meats Holdings' Total Current Assets of $0.40 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Current Assets depends on the Consumer Packaged Goods 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 Next Meats Holdings and its competitors. Next Meats Holdings's current Total Current Assets is $0.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Meats Holdings stock overvalued right now?
Next Meats Holdings (NXMH) has a current Total Current Assets of $0.40 Mil. The current Total Current Assets is $0.40 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 Next Meats Holdings (NXMH), the current Total Current Assets is $0.40 Mil as of Jan. 2024. 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.

Next Meats Holdings Business Description

Address 79-49 Motomachi, Niseko, Abuta District, Hokkaido, JPN, 048-1544
Next Meats Holdings Inc. is a Japanese company that operates in the industry that provides an alternative to meat. It develops and sells alternative meat products, with ingredients derived, predominantly, plant-based materials.