Zero Gravity Solutions (Zero Gravity Solutions) Total Current Assets : $0.74 Mil (As of Sep. 2019)

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What is Zero Gravity Solutions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Zero Gravity Solutions's total current assets for the quarter that ended in Sep. 2019 was $0.74 Mil.

Zero Gravity Solutions Total Current Assets Historical Data

The historical data trend for Zero Gravity Solutions'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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Zero Gravity Solutions Total Current Assets Chart

Zero Gravity Solutions Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Current Assets

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0.49

3.21

0.67

0.30

0.46

Zero Gravity Solutions Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Total Current Assets	Get a 7-Day Free Trial															0.61	0.46	0.43	2.08	0.74

Zero Gravity Solutions 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.

Zero Gravity Solutions's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.044	+	0	+	0.103	+	0.315
	=	0.46

Zero Gravity Solutions's Total Current Assets for the quarter that ended in Sep. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.505	+	0.001	+	0.047	+	0.187
	=	0.74

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.

Zero Gravity Solutions (OTCPK:ZGSI) 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.

Zero Gravity Solutions's Liquidation Value for the quarter that ended in Sep. 2019 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.505	-	3.685	+	0.75 * 0.001	+	0.5 * 0.047
=	-3.16

Zero Gravity Solutions Total Current Assets Related Terms

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Zero Gravity Solutions (Zero Gravity Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Zero Gravity Solutions Inc (OTCPK:ZGSI) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

190 North West Spanish River Boulevard, Boca Raton, FL, USA, 33431

Website

http://www.zerogsi.com

Zero Gravity Solutions Inc is a developer of a biotechnology company focused on safe and sustainable agriculture. The company uses a plant priming technology that harnesses natural physiology, enabling farmers to sustainably improve crop yields, mitigate disease, and increase profitability.

Executives

Michael T Smith	director	190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ed Cowle	director	6 EAST 45TH ST., SUITE 1000, NEW YORK NY 10017
H Deworth Williams	director	2681 EAST PARLEYS WAY, SUITE #204, SALT LAKE CITY UT 84109
Harvey N Kaye	director, officer: Chairman	190 NW SPANISH RIVER BLVD., SUITE 101, BOCA RATON FL 33431

Zero Gravity Solutions (Zero Gravity Solutions) Headlines

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