The Coretec Group (The Coretec Group) Total Current Assets : $0.20 Mil (As of Mar. 2024)

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What is The Coretec Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. The Coretec Group's total current assets for the quarter that ended in Mar. 2024 was $0.20 Mil.

The Coretec Group Total Current Assets Historical Data

The historical data trend for The Coretec 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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The Coretec Group Total Current Assets Chart

The Coretec Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.15

0.20

4.19

2.47

0.66

The Coretec Group 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															2.00	1.48	1.21	0.66	0.20

The Coretec 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.

The Coretec Group'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
	=	0.524	+	0	+	0	+	0.133
	=	0.66

The Coretec Group'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
	=	0.115	+	0	+	0	+	0.088
	=	0.20

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.

The Coretec Group (OTCPK:CRTG) 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.

The Coretec Group'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)
=	0.115	-	1.689	+	0.75 * 0	+	0.5 * 0
=	-1.57

The Coretec Group Total Current Assets Related Terms

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The Coretec Group (The Coretec Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » The Coretec Group Inc (OTCPK:CRTG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 South Wagner Road, Ann Arbor, MI, USA, 48103

Website

https://www.thecoretecgroup.com

The Coretec Group Inc is technology company. The company is currently developing, testing, and providing new and/or improved technologies, products, and service solutions for energy-related industries including, but not limited to oil/gas, renewable energy, and distributed energy industries. Many of these technologies and products also have applications for medical, electronic, photonic, display, and lighting markets among others. The company's product portfolio includes Endurion, Coretec HexaSilane, CSpace, and other Technologies which are based on the production of silicon products.

Executives

Victor F Keen	director	C/O RESEARCH FRONTIERS INC., 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Simon Calton	director, 10 percent owner	C/O 3DICON CORPORATION, 505 BROADWAY, S. 208, FARGO ND 58102
Matthew Joseph Kappers	director, officer: Chief Executive Officer	C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Matthew Leo Hoffman	officer: Chief Financial Officer	333 JACKSON PLAZA, SUITE 1200, ANN ARBOR MI 48103
Michael Anthony Kraft	officer: Chief Executive Officer	3169 REDHILL AVENUE, COSTA MESA CA 92626
Dennis Keith Anderson	director, 10 percent owner	C/O 3DICON CORPORATION, 505 BROADWAY, S. 208, FARGO ND 58102
Ronald Dombrowski	director	C/O 3DICON CORPORATION, 505 BROADWAY, S. 208, FARGO ND 58102
Doug Freitag	director, officer: Chief Executive Officer	C/O 3DICON CORPORATION, 505 BROADWAY, S.208, FARGO ND 58102
Ronald Wayne Robinson	officer: Chief Financial Officer	6804 SOUTH CANTON AVENUE, SUITE 150, TULSA OK 74136
Anthony Martin Keating	director	7507 SOUTH SANDUSKY AVENUE, TULSA OK 74136
John Michael Oconnor	director	2828 E. 34, TULSA OK 74105
Chris Dunstan	officer: Chief Financial Officer
Sidney A Aroesty	director	DIAGNOSTIC PRODUCTS CORP, 5700 WEST 96TH STREET, LOS ANGELES CA 90045
Keating Judith Faye Snider	other: Corporate Secretary	7507 SOUTH SANDUSKY AVENUE, TULSA OK 74136
Mark G Willner	officer: Chief Executive Officer	543 MONROE STREET, DENVER CO 80206