SSMTF (Sensible Meats) Total Current Assets: $1.03 Mil (As of Aug. 2024)


What is Sensible Meats Total Current Assets?

Sensible Meats SSMTF Total Current Assets is $1.03 Mil as of Aug. 2024.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sensible Meats's total current assets for the quarter that ended in Aug. 2024 was $1.03 Mil.

Sensible Meats  (OTCPK:SSMTF) 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.

Sensible Meats's Liquidation Value for the quarter that ended in Aug. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.977-0.109+0.75 * 0+0.5 * 0
=0.87

* 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.

Sensible Meats Total Current Assets Related Terms

Sensible Meats Total Current Assets Historical Data

* Premium members only.

The historical data trend for Sensible Meats'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.

Sensible Meats Total Current Assets Chart

Sensible Meats Annual Data
Trend Nov21 Nov22 Nov23
Total Current Assets
7.43 6.38 4.47

Sensible Meats Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.69 4.47 4.46 4.36 1.03

Sensible Meats 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.

Sensible Meats's Total Current Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.315+0.134+0+0.017999999999999
=4.47

Sensible Meats's Total Current Assets for the quarter that ended in Aug. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.977+0.053+0+0
=1.03

* 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 $1.03 Mil mean?
Sensible Meats (SSMTF) has a Total Current Assets of $1.03 Mil as of Aug. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Sensible Meats and its competitors.
Is Sensible Meats' Total Current Assets too high?
Sensible Meats' current Total Current Assets is $1.03 Mil.
How does Sensible Meats' Total Current Assets compare to TLCC and AJYG?
Sensible Meats' Total Current Assets of $1.03 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 Sensible Meats and its competitors. Sensible Meats's current Total Current Assets is $1.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sensible Meats stock overvalued right now?
Sensible Meats (SSMTF) has a current Total Current Assets of $1.03 Mil. The current Total Current Assets is $1.03 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 Sensible Meats (SSMTF), the current Total Current Assets is $1.03 Mil as of Aug. 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.

Sensible Meats Business Description

Address 1450, 789 West Pender Street, Calgary, BC, CAN, V6C 1H2
Sensible Meats Inc is a plant-based food company that has designed and developed plant-based meat food alternatives and intends to distribute and sell its line of plant-based hot dogs. The company's first and primary product is a line of plant-based hotdogs.