Biorem (TSXV:BRM) Total Current Assets : C$18.39 Mil (As of Mar. 2024)

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What is Biorem Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Biorem's total current assets for the quarter that ended in Mar. 2024 was C$18.39 Mil.

Biorem Total Current Assets Historical Data

The historical data trend for Biorem'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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Biorem Total Current Assets Chart

Biorem Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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14.49

18.28

16.17

17.78

20.60

Biorem 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															15.39	13.71	14.14	20.60	18.39

Biorem 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.

Biorem'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
	=	2.292	+	15.08	+	0.901	+	2.331
	=	20.60

Biorem'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
	=	5.902	+	9.204	+	1.205	+	2.08
	=	18.39

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.

Biorem (TSXV:BRM) 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.

Biorem'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)
=	5.902	-	14.69	+	0.75 * 6.576	+	0.5 * 1.205
=	-3.25

Biorem Total Current Assets Related Terms

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Biorem (TSXV:BRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Biorem Inc (TSXV:BRM) » Definitions » Total Current Assets

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BIRMF:USA

Address

7496 Wellington Road 34, RR Number 3, Puslinch, Guelph, ON, CAN, N1H 6H9

Website

https://www.biorem.biz

Biorem Inc is an environmental biotechnology company. It designs, manufactures and distributes a comprehensive line of air emissions control systems used to eliminate odours, volatile organic compounds, and hazardous air pollutants. The company's products include Biofilters, Biogas Solutions, Multi-Stage Systems, Biotrickling filters, and services such as Media Sampling and Analysis, Biological processes and testing, Media replacements and Spare parts, and other related services. The company derives revenues from the sale of standard products, construction projects for specialized products, and services for repairs and maintenance. The group has a business presence in Canada, the United States, China and others, of which key revenue is derived from the United States.

Executives

Brian Herner

Director, Senior Officer

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