Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Total Current Assets : $0.05 Mil (As of Feb. 2024)

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What is Digital Brand Media & Marketing Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Digital Brand Media & Marketing Group's total current assets for the quarter that ended in Feb. 2024 was $0.05 Mil.

Digital Brand Media & Marketing Group Total Current Assets Historical Data

The historical data trend for Digital Brand Media & Marketing 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.

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Digital Brand Media & Marketing Group Total Current Assets Chart

Digital Brand Media & Marketing Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Current Assets

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0.08

0.05

0.03

0.07

Digital Brand Media & Marketing Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Current Assets	Get a 7-Day Free Trial															0.08	0.04	0.07	0.04	0.05

Digital Brand Media & Marketing 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.

Digital Brand Media & Marketing Group's Total Current Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.045	+	0.021	+	0	+	0
	=	0.07

Digital Brand Media & Marketing Group's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.022	+	0.027	+	0	+	0
	=	0.05

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.

Digital Brand Media & Marketing Group (OTCPK:DBMM) 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.

Digital Brand Media & Marketing Group's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.022	-	7.094	+	0.75 * 0.027	+	0.5 * 0
=	-7.05

Digital Brand Media & Marketing Group Total Current Assets Related Terms

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Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digital Brand Media & Marketing Group Inc (OTCPK:DBMM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

845 Third Avenue, 6th Floor, New York, NY, USA, 10022

Website

http://www.dbmmgroup.com

Digital Brand Media & Marketing Group Inc is involved in the business of crafting, designing, and executing digital marketing strategies across multiple advertising platforms and social media networks for an array of clients to increase return on investment. The company generates revenue through Pay-Per-Click Advertising, Search Engine Marketing, Search Engine Optimization Services, Web Design, Social Media, Digital analytics and Advisory Services. It promotes and sells its services under the brand name of Digital Clarity.

Executives

Linda Perry	director	400 EAST 54TH STREET, APT 28E, NEW YORK NY 10022
Reggie James	director	HOLLYDALE SNOWDENHAM LANE, BRAMLEY, SURRY X0 GU5 0AT

Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Headlines

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