OOOOO Entertainment Commerce (TSXV:OOOO.H) Total Current Assets: C$0.06 Mil (As of Jul. 2023)

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What is OOOOO Entertainment Commerce Total Current Assets?

OOOOO Entertainment Commerce TSXV:OOOO.H Total Current Assets is C$0.06 Mil as of Jul. 2023.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. OOOOO Entertainment Commerce's total current assets for the quarter that ended in Jul. 2023 was C$0.06 Mil.

OOOOO Entertainment Commerce  (TSXV:OOOO.H) 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.

OOOOO Entertainment Commerce's Liquidation Value for the quarter that ended in Jul. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.002-3.685+0.75 * 0+0.5 * 0
=-3.68

* 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.

OOOOO Entertainment Commerce Total Current Assets Related Terms

OOOOO Entertainment Commerce Total Current Assets Historical Data

* Premium members only.

The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Total Current Assets Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.27 0.22 0.00 0.62

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.60 0.62 0.37 0.13 0.06

OOOOO Entertainment Commerce 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.

OOOOO Entertainment Commerce's Total Current Assets for the fiscal year that ended in Oct. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.452+0.131+0+0.038
=0.62

OOOOO Entertainment Commerce's Total Current Assets for the quarter that ended in Jul. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.002+0.044+0+0.009
=0.06

* 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 C$0.06 Mil mean?
OOOOO Entertainment Commerce (TSXV:OOOO.H) has a Total Current Assets of C$0.06 Mil as of Jul. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for OOOOO Entertainment Commerce and its competitors.
Is OOOOO Entertainment Commerce's Total Current Assets too high?
OOOOO Entertainment Commerce's current Total Current Assets is C$0.06 Mil.
How does OOOOO Entertainment Commerce's Total Current Assets compare to GOOGL and META?
OOOOO Entertainment Commerce's Total Current Assets of C$0.06 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Total Current Assets depends on the Interactive Media 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 OOOOO Entertainment Commerce and its competitors. OOOOO Entertainment Commerce's current Total Current Assets is C$0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OOOOO Entertainment Commerce stock overvalued right now?
OOOOO Entertainment Commerce (TSXV:OOOO.H) has a current Total Current Assets of C$0.06 Mil. The current Total Current Assets is C$0.06 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 OOOOO Entertainment Commerce (TSXV:OOOO.H), the current Total Current Assets is C$0.06 Mil as of Jul. 2023. 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.

OOOOO Entertainment Commerce Business Description

Address C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.