Orchid Ventures (Orchid Ventures) Total Current Assets : $1.01 Mil (As of Mar. 2022)

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What is Orchid Ventures Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Orchid Ventures's total current assets for the quarter that ended in Mar. 2022 was $1.01 Mil.

Orchid Ventures Total Current Assets Historical Data

The historical data trend for Orchid Ventures'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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Orchid Ventures Total Current Assets Chart

Orchid Ventures Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

May19

Jun21

Total Current Assets

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0.01

0.14

4.02

2.00

Orchid Ventures Quarterly Data
	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	May19	Aug19	Nov19	Feb20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Total Current Assets	Get a 7-Day Free Trial															0.96	2.00	1.48	1.07	1.01

Orchid Ventures 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.

Orchid Ventures'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
	=	1.276	+	0.051	+	0.295	+	0.38
	=	2.00

Orchid Ventures's Total Current Assets for the quarter that ended in Mar. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.214	+	0.071	+	0.27	+	0.452
	=	1.01

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.

Orchid Ventures (OTCPK:ORVRF) 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.

Orchid Ventures's Liquidation Value for the quarter that ended in Mar. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.214	-	3.667	+	0.75 * 0.071	+	0.5 * 0.27
=	-3.26

Orchid Ventures Total Current Assets Related Terms

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Orchid Ventures (Orchid Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Orchid Ventures Inc (OTCPK:ORVRF) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

27762 Antonio Parkway Ste L-1-631, Ladera Ranch, CA, USA, 92694

Website

http://www.orchidessentials.com

Orchid Ventures Inc is engaged in product development, branding, manufacturing, and distribution of vape products containing cannabis. It is a cannabis brand with THC and CBD product lines. Some of its vape products include Orchid Gold, Orchid Classics, Orchid Vibes, Orchid Roots and The Beast Orchid's Battery. It operates in a single geographical segment, which is North America.