Methes Energies International (Methes Energies International) Total Current Assets : $0.05 Mil (As of Aug. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Methes Energies International Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Methes Energies International's total current assets for the quarter that ended in Aug. 2023 was $0.05 Mil.

Methes Energies International Total Current Assets Historical Data

The historical data trend for Methes Energies International'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.

Methes Energies International Total Current Assets Chart

Methes Energies International Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Total Current Assets

0.84

4.02

2.03

2.26

0.77

Methes Energies International Quarterly Data
	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	May22	Aug22	May23	Aug23
Total Current Assets	Get a 7-Day Free Trial															1.07	-	-	0.05	0.05

Methes Energies International 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.

Methes Energies International's Total Current Assets for the fiscal year that ended in Nov. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.066	+	0.248	+	0.411	+	0.041
	=	0.77

Methes Energies International's Total Current Assets for the quarter that ended in Aug. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.002	+	0	+	0.052	+	-0.001
	=	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.

Methes Energies International (OTCPK:MEIL) 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.

Methes Energies International's Liquidation Value for the quarter that ended in Aug. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.002	-	1.345	+	0.75 * 0	+	0.5 * 0.052
=	-1.32

Methes Energies International Total Current Assets Related Terms

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

Methes Energies International (Methes Energies International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Methes Energies International Ltd (OTCPK:MEIL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

304 S. Jones Boulevard, Suite 8062, Las Vegas, NV, USA, 89107

Website

http://www.methes.com

Methes Energies International Ltd has no operations.

Executives

Johann Loewen	officer: VP of Operations	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Anthony T Williams	director	4111 MINT WAY, DALLAS TX 75237
Kebir Ratnani	director	455 BOULEVARD RENE-LEVESQUE WEST, MONTREAL A8 H2Z 1Z3
Edward A Stoltenberg	officer: CFO	C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Michel G Laporte	director, 10 percent owner, officer: Chairman and CEO	PARQUE EMP. FORUM, TORRE G, PISO 1, REGUS CENTER, SANTA ANA G2 126-6155
Steven Anthony	officer: VP of Sales and Marketing	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Keith Grafton	officer: Plant Manager (Sombra)	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
John Pappain	director	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Afrin Shams	officer: Chief Accounting Officer	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Perichiyappan Senthilnathan	director	C/O METHES ENERGIES INTERNATIONAL LTD., 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Han Swoong Ng	officer: President	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Michael Hallman	officer: VP of Project Management	C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103

Methes Energies International (Methes Energies International) Headlines

From GuruFocus

B2 BiOil is Government Approved and Assigned NSN#'s

By ACCESSWIRE • 09-07-2023

Life Cycle Assessment Confirms Bio-based Lubricant Environmental Benefits

By ACCESSWIRE • 10-23-2023

Methes Energies International Ltd. Acquires Florida-based EarthFriendly Products, Inc.

By ACCESSWIRE ACCESSWIRE • 02-22-2023

Methes Secures Facility to Scale-Up Production to Satisfy Demand

By ACCESSWIRE • 10-02-2023

B2 Bio-Lubricants Elevate Environmentally Protective Qualities

By ACCESSWIRE ACCESSWIRE • 03-01-2023

Methes (MEIL) Fuoly OTC Compliant as Orders Get Filled

By ACCESSWIRE • 12-29-2023