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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Correlate Energy's total current assets for the quarter that ended in Mar. 2024 was $1.43 Mil.
The historical data trend for Correlate Energy'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.
Correlate Energy Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Current Assets | Get a 7-Day Free Trial | 0.03 | 0.08 | 0.29 | 1.18 | 2.89 |
Correlate Energy 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 | 1.65 | 2.16 | 4.04 | 2.89 | 1.43 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
Correlate Energy'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 |
= | 1.412 | + | 0.462 | + | 0 | + | 1.011 | |
= | 2.89 |
Correlate Energy'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 |
= | 0.102 | + | 0.266 | + | 0 | + | 1.062 | |
= | 1.43 |
* 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.
Correlate Energy (OTCPK:CIPI) 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.
Correlate Energy'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) |
= | 0.102 | - | 8.866 | + | 0.75 * 0.185 | + | 0.5 * 0 |
= | -8.63 |
* 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.
Thank you for viewing the detailed overview of Correlate Energy's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Eli Albrecht | director | 176 S. CAPITOL BLVD., 2ND FLOOR, BOISE ID 83702 |
Channing F. Chen | officer: Chief Financial Officer | 25 ARUNDEL RD, BURLINGAME CA 94010 |
G Robert Powell | director | P.O. BOX 1204, LAFAYETTE CA 94549 |
Matthew C Flemming | director | 18614 RESICA FALLS, HOUSTON TX 77094 |
Jason Loyet | director | 205 DEMONBREUN STREET, 1801, NASHVILLE TN 37201 |
Todd Robert Michaels | director, officer: CEO and President | 3212 S. EAGLE BROOK LANE, EAGLE ID 83616 |
Hunt Cory Gerald | director | 939 MAYDEL PALMER VISTA NORTH, LETHBRIDGE A0 T1H7B7 |
Newton W. Dorsett | 10 percent owner | 220 TRAVIS STREET, SUITE 501, SHREVEPORT LA 71101 |
Tim Burroughs | officer: President, CEO | 2717 SUN MEADOW DR, FLOWER MOUND TX 75022 |
Daniel R Robinson | director | 190 COYOTE COURT, ARGYLE TX 76226 |
Donald R Lawhorne | director | 2435 NORTH CENTRAL EXPRESSWAY, SUITE 200, RICHARDSON TX 75080 |
Kenneth Conte | officer: Chief Financial Officer | 12222 MERIT DRIVE, SUITE 1850, DALLAS TX 75251 |
Charles David York | officer: Executive Vice President | 5004 JOSHUA DRIVE, FLOWER MOUND TX 75028 |
Sherri Cecotti | officer: Vice President | 3030 LBJ FREEWAY, SUITE 1320, DALLAS TX 75234 |
Bernard O'donnell | director | 3505 WOODHAVEN DRIVE, DALLAS TX 75234 |
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