Planet Green Holdings (Planet Green Holdings) Total Current Assets : $13.35 Mil (As of Mar. 2024)

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What is Planet Green Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Planet Green Holdings's total current assets for the quarter that ended in Mar. 2024 was $13.35 Mil.

Planet Green Holdings Total Current Assets Historical Data

The historical data trend for Planet Green Holdings'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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Planet Green Holdings Total Current Assets Chart

Planet Green Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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18.16

13.52

27.30

13.84

12.51

Planet Green Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															15.38	17.65	18.57	12.51	13.35

Planet Green Holdings 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.

Planet Green Holdings's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.436	+	3.826	+	1.953	+	6.295
	=	12.51

Planet Green Holdings's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.403	+	5.502	+	2.224	+	5.224
	=	13.35

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.

Planet Green Holdings (AMEX:PLAG) 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.

Planet Green Holdings's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.403	-	24.567	+	0.75 * 3.02	+	0.5 * 2.224
=	-20.79

Planet Green Holdings Total Current Assets Related Terms

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Planet Green Holdings (Planet Green Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Planet Green Holdings Corp (AMEX:PLAG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

130-30 31st Avenue, Suite 512, Flushing, NY, USA, 11354

Website

https://www.planetgreenholdings.com

Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.

Executives

Xiangtian Aerodynamic Electricity Ltd.	10 percent owner	FLOOR 18, DONGHOU TOWER, AIGUO ROAD, LUOHU DISTRICT, SHENZHEN F4 518128
Bin Zhou	director	SUITE 901 BUILDING 6 NO. 1678, JINSHAJIANG ROAD, PUTUO DISTRICT F4 200000
Yang Cao	director	9841 WASHINGTONIAN BLVD, SUITE 200, GAITHERSBURG MD 20878
King Fai Leung	director	SUITE 901, BUILDING 6, NO. 1678, JINSHAJIANG ROAD, PUTUO DISTRICT, SHANGHAI F4 200333
Lili Hu	officer: Chief Financial Officer	BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Daqi Cui	officer: Chief Operating Officer	BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Chao Chen	director	SUITE 901 BLDG 6 NO 1678, JINSHAJIANG ROAD, SHANGHAI F4 100006
Hongxiang Yu	director, officer: CEO	BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Yimin Jin	director, officer: Chief Strategy Officer	BEIHUANZHONG JUNAN COURT, SHANDONG F4 276600
Yu Li	officer: CFO	BEIHUANZHONG ROAD, JUNAN COURT, SHANDONG F4 276600
Yilei Shao	director	BEIHUANZHONG ROAD JUNAN COURT, SHANDONG F4 276600
Yuguo Zhang	director	BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Guangming Fang	director	BEIHUANZHONG ROAD JUNAN COURT, SHANDONG F4 276600
Fw	10 percent owner	PALMENGARTENSTRASSE, 5-9, FRANKFURT AM MAIN 2M 60325
Deg - Deutsche Investitions- Und Entwicklungsgesellschaft Mbh	10 percent owner	KAMMERGASSE 22, KOLN 2M 50676