LCTC (Lifeloc Technologies) Total Current Assets : $4.76 Mil (As of Sep. 2024)

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What is Lifeloc Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lifeloc Technologies's total current assets for the quarter that ended in Sep. 2024 was $4.76 Mil.

Lifeloc Technologies Total Current Assets Historical Data

The historical data trend for Lifeloc Technologies'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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Lifeloc Technologies Total Current Assets Chart

Lifeloc Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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5.84

5.52

5.86

5.88

5.71

Lifeloc Technologies 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															6.02	5.71	5.07	4.52	4.76

Lifeloc Technologies 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.

Lifeloc Technologies'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
	=	1.767	+	0.812	+	3.025	+	0.106
	=	5.71

Lifeloc Technologies'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
	=	0.842	+	0.672	+	3.16	+	0.089
	=	4.76

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.

Lifeloc Technologies (OTCPK:LCTC) 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.

Lifeloc Technologies'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)
=	0.842	-	1.924	+	0.75 * 0.611	+	0.5 * 3.16
=	0.96

Lifeloc Technologies Total Current Assets Related Terms

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Lifeloc Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lifeloc Technologies Inc (OTCPK:LCTC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12441 West 49th Avenue, Wheat Ridge, CO, USA, 80033

Website

https://www.lifeloc.com

Lifeloc Technologies Inc is a developer, manufacturer, and marketer of portable hand-held and fixed station breathalyzers and related accessories, supplies and education. It offers fuel-cell based breath alcohol testing equipment. In addition, it also offers a line of supplies, accessories, services, and training to support customers' alcohol testing programs. The company operates through two segments: Product Sales and Rentals. The Product Sales segment is a key revenue driver, includes the sale of physical products, including portable hand-held breathalyzers and related accessories.

Executives

Vern D Kornelsen	director, 10 percent owner, officer: Secretary and CFO	4605 S. DENICE DR, ENGLEWOOD CO 80111
Donald E. Siecke	director	12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033
Michael Kornelsen	director	700 N. WASHINGTON STREET, #1007, DENVER CO 80203
Wayne Willkomm	director	12441 W 49TH AVENUE, UNIT #4, WHEAT RIDGE CO 80033
Gurumurthi Ravishankar	director, officer: Executive Vice President	12441 W. 49TH STREET, SUITE 4, WHEAT RIDGE CO 80033
Partners Lllp Edco	10 percent owner	4605 S DENICE DR, ENGLEWOOD CO 80111
Robert D Greenlee	director	2060 BROADWAY, BOULDER CO 80302
Kristie L. Larose	officer: Vice President, Finance	12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Barry R. Knott	director, officer: President, CEO and Treasurer	12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Mark A. Lary	officer: Vice President, Operations	12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Robert H. Summers	director	5816 S LUPINE DR, LITTLETON CO 80123
Alan C. Castrodale	director	12441 . 49TH AVE., STE 4, WHEAT RIDGE CO 80033

Lifeloc Technologies Headlines

From GuruFocus

Director Partners Edco Acquires 210,000 Shares of Lifeloc Technologies Inc (LCTC)

By GuruFocus Research • 07-26-2024

Lifeloc Technologies, Inc. Appoints Adam Kashenberg to its Board of Directors

By ACCESSWIRE • 07-26-2024

Lifeloc Reports Second Quarter 2023 Results

By ACCESSWIRE • 08-04-2023

Lifeloc Reports Third Quarter 2024 Results

By ACCESSWIRE • 11-13-2024

Lifeloc Reports Second Quarter 2024 Results

By ACCESSWIRE • 08-09-2024