FDCTech (FDCTech) Total Current Assets : $3.90 Mil (As of Sep. 2023)

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What is FDCTech Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. FDCTech's total current assets for the quarter that ended in Sep. 2023 was $3.90 Mil.

FDCTech Total Current Assets Historical Data

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

FDCTech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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0.25

0.05

0.07

0.61

0.82

FDCTech 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															0.67	0.82	0.62	4.13	3.90

FDCTech 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.

FDCTech'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
	=	0.265	+	0.121	+	0	+	0.435
	=	0.82

FDCTech'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
	=	1.232	+	1.634	+	0	+	1.037
	=	3.90

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.

FDCTech (OTCPK:FDCT) 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.

FDCTech'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)
=	1.232	-	2.185	+	0.75 * 1.634	+	0.5 * 0
=	0.27

FDCTech Total Current Assets Related Terms

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FDCTech (FDCTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FDCTech Inc (OTCPK:FDCT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Spectrum Drive, Suite 300, Irvine, CA, USA, 92618

Website

https://www.fdctech.com

FDCTech Inc is an integrated forex and Cryptocurrency service provider. The Company provides innovative and cost-efficient financial technology and business solutions to OTC Online Brokerages and cryptocurrency businesses. The company have three primary business segments namely, Wealth Management, Technology and Software Development, and Margin Brokerage Business.

Executives

Mitchell M. Eaglstein	director, 10 percent owner, officer: CEO	167 SEA HAMMOCK WAY, PONTE VEDRA BEACH FL 32082
Felix R. Hong	10 percent owner	B-3010, 681 AL BARSHA SOUTH FOURTH, PO 261197, DUBAI C0 00000
Imran Firoz	director, 10 percent owner, officer: CFO, Secretary	129 HEMISPHERE, IRVINE CA 92618
Jonathan Baumgart	director	349 ROSES MILL RD., MILFORD CT 06460