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Trutankless (Trutankless) Total Current Assets : $0.19 Mil (As of Sep. 2023)


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What is Trutankless Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Trutankless's total current assets for the quarter that ended in Sep. 2023 was $0.19 Mil.

Trutankless Total Current Assets Historical Data

The historical data trend for Trutankless'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.

Trutankless Total Current Assets Chart

Trutankless Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.76 0.87 0.19 0.21

Trutankless Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.21 0.13 0.20 0.19

Trutankless 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.

Trutankless's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.084+0.007+0.118+-2.7755575615629E-17
=0.21

Trutankless's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.079+0.007+0.108+0
=0.19

* 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.

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.

Trutankless  (OTCPK:TKLS) 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.

Trutankless's Liquidation Value for the quarter that ended in Sep. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.079-7.17+0.75 * 0.007+0.5 * 0.108
=-7.03

* 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.

Trutankless Total Current Assets Related Terms

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Trutankless (Trutankless) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trutankless Inc (OTCPK:TKLS) » Definitions » Total Current Assets
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Traded in Other Exchanges
N/A
Address
15900 North 78th Street, Suite 200, Scottsdale, AZ, USA, 85260
Website
https://trutankless.com
Trutankless Inc is engaged in manufacturing electric tankless water heaters that far surpasses traditional tank water heaters in energy efficiency, output, dependability, and environmental sustainability. The company anticipates its second generation Trutankless water heaters, with Wi-Fi, Bluetooth, and Zigbee capabilities to help modernize the water heating industry. The Trutankless brand mission is to apply smart engineering to forward-thinking technologies that save customers money, energy, and space.
Executives
Buit Right Holdings, Llc 10 percent owner 8790 E. VIA DE VENTURA, SUITE 4640, SCOTTSDALE AZ 85258
Michael Stebbins director 14646 N KIERLAND BLVD, SUITE 270, SCOTTSDALE AZ 85254
Robertson J Orr director, officer: President & CEO 14646 N KIERLAND BLVD, SUITE 270, SCOTTSDALE AZ 85254