Right On Brands (Right On Brands) Total Current Assets : $0.18 Mil (As of Dec. 2023)

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What is Right On Brands Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Right On Brands's total current assets for the quarter that ended in Dec. 2023 was $0.18 Mil.

Right On Brands Total Current Assets Historical Data

The historical data trend for Right On Brands'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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Right On Brands Total Current Assets Chart

Right On Brands Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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0.33

0.13

0.12

0.15

Right On Brands 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															0.13	0.15	0.19	0.18	0.18

Right On Brands 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.

Right On Brands's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.033	+	0.002	+	0.116	+	0.003
	=	0.15

Right On Brands'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
	=	0.059	+	0.013	+	0.101	+	0.003
	=	0.18

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.

Right On Brands (OTCPK:RTON) 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.

Right On Brands'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)
=	0.059	-	1.018	+	0.75 * 0.013	+	0.5 * 0.101
=	-0.90

Right On Brands Total Current Assets Related Terms

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Right On Brands (Right On Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Right On Brands Inc (OTCPK:RTON) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6501 Dalrock Road, Suite 100, Rowlett, TX, USA, 75089

Website

https://www.rightonbrands.com

Right On Brands Inc is a Texas based consumer goods company which provides traditional, plus natural health and wellness information services through an interactive website. The company business is conducted through wholly-owned subsidiaries, Humbly Hemp, Endo Brands, and Humble Water Company. Humbly Hemp sells and markets a line of hemp enhanced snack foods. Humble Water Company is in a partnership with Springhill Water Co. to develop a line of High Alkaline, Natural Mineral Water, and a bottling and packaging facility. The company has two operating segments: ENDO Brands and Humbly Hemp. ENDO Brands develops hemp oil-infused products which are engineered to deliver optimal bioavailability and nutrients to the body and Humbly Hemp develops a line of hemp based bars and drinks.

Executives

Daniel J Crawford

director, 10 percent owner, officer: President, CEO, CFO, Director

2667 32ND STREET, SUITE B, SANTA MONICA CA 90405