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Cannabusiness Group (Cannabusiness Group) Total Current Assets : $2.80 Mil (As of Dec. 2007)


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What is Cannabusiness Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Cannabusiness Group's total current assets for the quarter that ended in Dec. 2007 was $2.80 Mil.


Cannabusiness Group Total Current Assets Historical Data

The historical data trend for Cannabusiness Group'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.

* Premium members only.

Cannabusiness Group Total Current Assets Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.07 1.08 1.35 2.80

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.07 1.08 1.35 2.80

Cannabusiness Group 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.

Cannabusiness Group's Total Current Assets for the fiscal year that ended in Dec. 2007 is calculated as

Cannabusiness Group's Total Current Assets for the quarter that ended in Dec. 2007 is calculated as

* 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.


Cannabusiness Group  (OTCPK:CBGI) 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.

Cannabusiness Group's Liquidation Value for the quarter that ended in Dec. 2007 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.511-5.999+0.75 * 0.168+0.5 * 0.624
=-4.05

* 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.


Cannabusiness Group Total Current Assets Related Terms

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Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

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