G6 Materials (FRA:G310) Total Current Assets: €0.47 Mil (As of Feb. 2024)


What is G6 Materials Total Current Assets?

G6 Materials FRA:G310 Total Current Assets is €0.47 Mil as of Feb. 2024.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. G6 Materials's total current assets for the quarter that ended in Feb. 2024 was €0.47 Mil.

G6 Materials  (FRA:G310) 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.

G6 Materials's Liquidation Value for the quarter that ended in Feb. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.019-0.863+0.75 * 0.008+0.5 * 0.363
=-0.66

* 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.

G6 Materials Total Current Assets Related Terms

G6 Materials Total Current Assets Historical Data

* Premium members only.

The historical data trend for G6 Materials'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.

G6 Materials Total Current Assets Chart

G6 Materials Annual Data
Trend Jul14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.72 4.47 3.18 1.05

G6 Materials Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.41 1.05 0.80 0.57 0.47

G6 Materials 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.

G6 Materials's Total Current Assets for the fiscal year that ended in May. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.359+0.051+0.528+0.11
=1.05

G6 Materials's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.019+0.031+0.363+0.061
=0.47

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of €0.47 Mil mean?
G6 Materials (FRA:G310) has a Total Current Assets of €0.47 Mil as of Feb. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for G6 Materials and its competitors.
Is G6 Materials' Total Current Assets too high?
G6 Materials' current Total Current Assets is €0.47 Mil.
How does G6 Materials' Total Current Assets compare to CBNT and PVNNF?
G6 Materials' Total Current Assets of €0.47 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Chemicals company?
A good Total Current Assets depends on the Chemicals industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for G6 Materials and its competitors. G6 Materials's current Total Current Assets is €0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G6 Materials stock overvalued right now?
G6 Materials (FRA:G310) has a current Total Current Assets of €0.47 Mil. The current Total Current Assets is €0.47 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For G6 Materials (FRA:G310), the current Total Current Assets is €0.47 Mil as of Feb. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

G6 Materials Business Description

Address 760 Koehler Avenue, Suite 2, Ronkonkoma, NY, USA, 11779
G6 Materials Corp is a technology company engaged in the development of graphene-based solutions. The company's target industries include but are not limited to aerospace, automotive, healthcare, marine, medical prosthetics and various branches of the military.