Mitesco (Mitesco) Total Current Assets : $0.06 Mil (As of Mar. 2024)

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What is Mitesco Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mitesco's total current assets for the quarter that ended in Mar. 2024 was $0.06 Mil.

Mitesco Total Current Assets Historical Data

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

Mitesco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.09

0.07

1.31

0.18

Mitesco 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															0.07	0.32	0.03	-	0.06

Mitesco 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.

Mitesco'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
	=	0.003	+	0	+	0	+	0
	=	0.00

Mitesco'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
	=	0.041	+	0	+	0	+	0.015
	=	0.06

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.

Mitesco (OTCPK:MITI) 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.

Mitesco'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)
=	0.041	-	14.727	+	0.75 * 0	+	0.5 * 0
=	-14.69

Mitesco Total Current Assets Related Terms

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Mitesco (Mitesco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mitesco Inc (OTCPK:MITI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

18202 Minnetonka Boulevard, Suite 100, Deephaven, MN, USA, 55391

Website

https://www.mitescoinc.com

Mitesco Inc is a development stage company who acquires and implements technologies and services to improve the quality of care, reduce cost, and enhance consumer convenience. It is focused on developing a portfolio of companies that provide healthcare technology solutions and the team is adept at deal structures supportive of long term organizational value.

Executives

Lonnie Allen Plunk	director	3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Lawrence M. Diamond	director	7535 EAST HAMPDEN AVENUE, SUITE 400, DENVER CO 80231
Phillip J Keller	officer: Chief Financial Officer	2323 RING ROAD, ELIZABETHTOWN KY 42701
Sheila Schweitzer	director	1200 CAROLINA CIRCLE, VERO BEACH FL 62962
Ingrid Jenny Lindstrom	officer: Chief Legal Officer	1100 WILLS PLACE, GOLDEN VALLEY MN 55422
Juan Carlos Iturregui	director	5606 ALBIA RD., BETHESDA MD 20816
Faraz Naqvi	director	3001 HEARTHSTONE DRIVE, FORT COLLINS CO 80528
Thomas Brodmerkel	director	7535 EAST HAMPDEN AVENUE, STE. 400, DENVER CO 80231
Julie R. Smith	director	7535 EAST HAMPDEN AVENUE, SUITE 400, DENVER CO 80231
Ron Riewold	officer: CHAIRMAN	37 NORTH ORANGE AVE, STE 500, ORLANDO FL 32801
Douglas Cole	director	C/O AMERICAN BATTERY METALS CORP, 930 TAHOE BLVD, STE 802-16, INCLINE VILLAGE NV 89451
James Philip Crone	director, officer: Pres, Interim CFO, Sec, Dir	1355 PEACHTREE STREET, SUITE 1150, ATLANTA GA 30309
Morton James E Iii	officer: President	549 VIKINGS LANE, ATLANTIC BEACH FL 32233
Deluca Louis George Jr	officer: C.O.O.	194 EDWARDS DR, MABLETON GA 30126
Thomas W. Burnell	officer: President and CEO	1355 PEACHTREE STREET, SUITE 1150, ATLANTA GA 30309