OGOFF (Organto Foods) Total Current Assets : $3.26 Mil (As of Dec. 2024)

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What is Organto Foods Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Organto Foods's total current assets for the quarter that ended in Dec. 2024 was $3.26 Mil.

Organto Foods Total Current Assets Historical Data

The historical data trend for Organto Foods'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.

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Organto Foods Total Current Assets Chart

Organto Foods Annual Data

Trend

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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5.44

14.11

7.31

3.34

3.26

Organto Foods Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															3.34	3.05	1.49	2.42	3.26

Organto Foods 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.

Organto Foods's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.204	+	1.424	+	1.417	+	0.21
	=	3.26

Organto Foods's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.204	+	1.424	+	1.417	+	0.21
	=	3.26

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.

Organto Foods (OTCPK:OGOFF) 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.

Organto Foods's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.204	-	14	+	0.75 * 1.379	+	0.5 * 1.417
=	-12.05

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Organto Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Organto Foods Inc (OTCPK:OGOFF) » Definitions » Total Current Assets

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Traded in Other Exchanges

OGO:Canada

Address

1111 Melville Street, Suite 410, Vancouver, BC, CAN, V6E 3V6

Website

https://www.organto.com

Organto Foods Inc is an integrated provider of branded, private label and bulk distributed organic and non-GMO fruit and vegetable products using a strategic asset-light business model to serve a growing socially responsible and health-conscious consumer around the globe. The company provides various products including avocados, bananas, blueberries, mango, asparagus, ginger and fresh cut herbs amongst others, marketed in bulk and private label formats. It has one reportable business segment, being the sourcing, processing, packaging, distribution and marketing of organic and specialty food products in Europe.