Trees (CANN) Total Current Assets : $1.31 Mil (As of Sep. 2024)

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What is Trees Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Trees's total current assets for the quarter that ended in Sep. 2024 was $1.31 Mil.

Trees Total Current Assets Historical Data

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

Trees Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1.55

2.55

3.48

4.95

2.35

Trees Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															2.48	2.35	1.69	1.79	1.31

Trees 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.

Trees'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
	=	0.97	+	0.289	+	0.861	+	0.234
	=	2.35

Trees's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.245	+	0.007	+	0.688	+	0.366
	=	1.31

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.

Trees (OTCPK:CANN) 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.

Trees's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.245	-	23.783	+	0.75 * 0.007	+	0.5 * 0.688
=	-23.19

Trees Total Current Assets Related Terms

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Trees Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Trees Corp (OTCPK:CANN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 Union Boulevard, Suite 415, Lakewood, CO, USA, 80228

Website

https://www.treescann.com

Trees Corp is a vertically integrated cannabis company and multi-state operator in the United States. It has two segments Retail and Cultivation. It is pursuing a roll-up plan of licensed assets in mature markets while maintaining loyal, local customer bases. TREES owns and operates a light-deprivation greenhouse and a campus of indoor cultivation facilities in Boulder, dispensaries in Englewood, Longmont, and Berthoud, Colorado, and three dispensaries in Portland, Oregon.

Executives

Carl J Williams	director	10 GLENLAKE PARKWAY, NORTH TOWER, ATLANTA GA 30189
Richard C. Travia	director	6565 E. EVANS AVENUE, DENVER CO 80224
Allyson Feiler Downing	director	3556 W 62ND AVENUE, DENVER CO 80221
Timothy Earl Brown	director, 10 percent owner	2301 W 30TH AVENUE, DENVER CO 80211
Diane Jones	officer: CHIEF FINANCIAL OFFICER	6565 E. EVANS AVENUE, DENVER CO 80224
Seth Oster	director	C/O GENERAL CANNABIS CORP, 6565 EAST EVANS AVENUE, DENVER CO 80224
Mark D. Green	director	C/O GENERAL CANNABIS CORP, 6565 EAST EVANS AVENUE, DENVER CO 80224
Peter Boockvar	director	C/O MILLER TABAK + CO.,, 331 MADISON AVENUE, NEW YORK NY 10017
John Barker Dalton	director, 10 percent owner	6565 E. EVANS AVENUE, DENVER CO 80224
Adam Hershey	10 percent owner	140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Hershey Strategic Capital, Lp	10 percent owner	C/O HERSHEY STRATEGIC CAPITAL GP, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Hershey Management I, Llc.	10 percent owner	888 7TH AVENUE, 17TH FLOOR, NEW YORK NY 10019
Hershey Strategic Capital Gp, Llc	10 percent owner	888 7TH AVENUE, 17TH FLOOR, NEW YORK NY 10019
Shore Ventures Iii, Lp	10 percent owner	C/O HERSHEY MANAGEMENT IV, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Hershey Management Iv, Llc	10 percent owner	6 POMPANO ROAD, RUMSON NJ 07760