Freeze Tag (Freeze Tag) Total Current Assets : $0.24 Mil (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Freeze Tag Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Freeze Tag's total current assets for the quarter that ended in Mar. 2024 was $0.24 Mil.

Freeze Tag Total Current Assets Historical Data

The historical data trend for Freeze Tag'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.

* Premium members only.

Freeze Tag Total Current Assets Chart

Freeze Tag Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

0.28

0.52

0.78

0.77

0.42

Freeze Tag 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															0.69	0.64	0.55	0.42	0.24

Freeze Tag 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.

Freeze Tag'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
	=	0.383	+	0.02	+	0	+	0.021
	=	0.42

Freeze Tag'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
	=	0.202	+	0.024	+	0	+	0.014
	=	0.24

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.

Freeze Tag (OTCPK:FRZT) 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.

Freeze Tag'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)
=	0.202	-	1.19	+	0.75 * 0.024	+	0.5 * 0
=	-0.97

Freeze Tag Total Current Assets Related Terms

Thank you for viewing the detailed overview of Freeze Tag's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Freeze Tag (Freeze Tag) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Freeze Tag Inc (OTCPK:FRZT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 E 1st Street, Suite 450, Tustin, CA, USA, 92780

Website

https://www.freezetag.com

Freeze Tag Inc creates mobile social games for all ages. The company's games can be downloaded for free by the players and also can purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.

Executives

Vardeman Robert Don Jr	director, 10 percent owner, officer: President	1720 BRAY CENTRAL DR., MCKINNEY TX 75069
Craig Holland	director, 10 percent owner, officer: President and CEO	228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780
Mick Donahoo	director, 10 percent owner, officer: Secretary and CFO	228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780