NNRF (NNRI) Total Current Assets : $0.07 Mil (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

What is NNRF Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NNRF's total current assets for the quarter that ended in Sep. 2023 was $0.07 Mil.

NNRF Total Current Assets Historical Data

The historical data trend for NNRF'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.

NNRF Total Current Assets Chart

NNRF Annual Data

Trend

Total Current Assets

NNRF Quarterly Data
	Sep22	Sep23
Total Current Assets	-	0.07

NNRF 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.

NNRF's Total Current Assets for the fiscal year that ended in . 20 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=		+		+		+
	=	0.00

NNRF's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0.001	+	0.069	+	0.003
	=	0.07

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.

NNRF (OTCPK:NNRI) 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.

NNRF's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.001	-	0.674	+	0.75 * 0.001	+	0.5 * 0.069
=	-0.64

NNRF Total Current Assets Related Terms

Thank you for viewing the detailed overview of NNRF's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

NNRF (NNRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NNRF Inc (OTCPK:NNRI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2475 Hiko Avenue, Reno, NV, USA, 89512

Website

http://www.nucon-rf.com

NNRF Inc is a project development and asset management company focused on environmental, agricultural, and nutraceutical fields. It is positioning itself as an eco-friendly holding company. The company aims to become a diversified holding company, maximizing shareholders' value and enabling economic development with a specific focus on emerging green markets. It looks to build value by targeting companies that are positioned to grow as the world moves to invest in and develop green technologies, green energy, and healthier living and lifestyles.

NNRF (NNRI) Headlines

No Headlines