Coretec Group Inc (CRTG) Financials

CRTG

FY2023 annual

Revenue $0 YoY not available

Net Income -$2.3M +19.4% YoY

Free Cash Flow -$1.9M +3.0% YoY

Operating Cash Flow -$1.8M +1.6% YoY

Market Cap $1.1M as of Aug 25, 2026

Price / Sales n/m revenue is not positive, FY2023

Price / Earnings n/m net loss, so no earnings multiple, FY2023

Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2024

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Aug 25, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2024, ended Jun 30, 2024 Reported Aug 14, 2024 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2024, filed Aug 14, 2024. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CRTG SEC filings page.

Coretec Group Inc (CRTG) reported $0 in revenue for fiscal year 2023. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CRTG FY2023 2026-08-30

Persistent cash consumption is being financed by leverage, while shrinking assets leave the business with a thin equity cushion.

In FY2023, the net loss of -$2.3M and operating cash flow of -$1.8M point to earnings that are converting into cash outflow rather than being mainly accounting-driven. Free cash flow was -$1.9M after $53K of capital spending; compared with FY2022, the narrower loss did not produce a cash-generation inflection.

Equity fell from $1.8M in FY2022 to $110K in FY2023, leaving little balance-sheet capacity to absorb further losses. Over the same period, debt-to-equity rose from 0.8x to 9.1x, so liabilities now dominate the financing structure relative to shareholder capital.

The current ratio dropped from 6.5x in FY2022 to 1.0x in FY2023, showing that short-term liquidity tightened as the asset base contracted. The reported liquidity measure equaled 3.5 months of the latest annual operating outflow, reinforcing that external financing, rather than internally generated cash, supported operations.

Financial Health Signals

Financial health score not available

Coretec Group Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

1/8

Coretec Group Inc passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality No Cash Backing

N/A

Coretec Group Inc reported a net loss of $2.3M while operations used $1.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

Coretec Group Inc generated $0 in revenue in Q2 2024.

Net Income

-$334K

YoY+29.5%

QoQ+36.2%

Coretec Group Inc reported -$334K in net income in Q2 2024. This represents an increase of 29.5% from the same quarter a year earlier. Against the prior quarter it is up 36.2%.

EBITDA

Not reported for Q2 2024.

EPS (Diluted)

Not reported for Q2 2024.

Cash & Balance Sheet

Cash & Debt

$4K

YoY-99.7%

QoQ-96.1%

5Y CAGR-33.4%

Coretec Group Inc held $4K in cash against $390K in long-term debt as of Q2 2024.

Shares Outstanding

337M

YoY+18.5%

QoQ+6.9%

5Y CAGR+36.9%

Coretec Group Inc had 337M shares outstanding in Q2 2024. This represents an increase of 18.5% from the same quarter a year earlier. Against the prior quarter it is up 6.9%.

Free Cash Flow

Not reported for Q2 2024.

Dividends Per Share

Not reported for Q2 2024.

Margins & Returns

None of these metrics is reported for Q2 2024.

Capital Allocation

R&D Spending

$60K

YoY-50.8%

QoQ-51.2%

Coretec Group Inc invested $60K in research and development in Q2 2024. This represents a decrease of 50.8% from the same quarter a year earlier. Against the prior quarter it is down 51.2%.

Share Buybacks

Not reported for Q2 2024.

Capital Expenditures

Not reported for Q2 2024.

CRTG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CRTG quarterly income statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Revenue	N/A	$0	$0	$0	$0	N/A	N/A	N/A	$0-100.0%	$5K-94.0%	$86K+77.2%	$48K-24.0%	$64K-28.7%	$89K-15.8%	$106K	N/A
R&D Expenses	N/A	$513K-4.3%	$536K+14.0%	$470K+209.5%	$152K+2.0%	$149K+75.0%	$85K-81.4%	$456K+51.6%	$301K+530.5%	$48K-76.0%	$199K-46.8%	$373K	N/A	N/A	$469K	N/A
SG&A Expenses	N/A	$1.8M-16.0%	$2.1M-62.0%	$5.6M+445.6%	$1.0M-27.4%	$1.4M+88.8%	$751K-19.8%	$937K+144.1%	$384K	N/A	N/A	N/A	N/A	N/A	$1.1M	N/A
Interest Expense	N/A	$218K+7.3%	$203K-11.7%	$230K-65.5%	$665K+131.5%	$287K-27.3%	$395K+23.4%	$320K+432.8%	$60K+4.0%	$58K-23.7%	$76K-5.7%	$80K-50.8%	$163K+339.1%	$37K-51.0%	$76K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$2.3M+19.4%	-$2.9M+54.3%	-$6.3M-239.8%	-$1.8M+0.5%	-$1.9M-77.2%	-$1.0M+38.9%	-$1.7M-130.0%	-$745K	N/A	N/A	N/A	N/A	N/A	-$1.5M+2.8%	-$1.6M
EPS (Basic)	N/A	-$0.01+27.3%	-$0.01+57.7%	-$0.03	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K	Q3'2210-Q
Revenue	$0	$0	N/A	$0	$0	$0	N/A	$0
R&D Expenses	$60K-50.8%	$122K+9.4%	N/A	$101K+26.1%	$121K-0.3%	$112K-43.6%	N/A	$80K-58.3%
SG&A Expenses	$235K-23.2%	$358K+3.1%	N/A	$306K+1.5%	$306K-30.2%	$347K-19.9%	N/A	$301K-87.9%
Interest Expense	$40K-24.7%	$45K-17.7%	N/A	$54K+3.1%	$53K+11.4%	$54K+12.7%	N/A	$53K+19.9%
Net Income	-$334K+29.5%	-$524K-3.3%	N/A	-$457K-5.8%	-$474K+21.9%	-$507K+25.3%	N/A	-$432K+83.8%
EPS (Basic)	$0.00+50.0%	$0.000.0%	$0.00+25.0%	$0.000.0%	$0.000.0%	$0.00+33.3%	$0.00-100.0%	$0.00+81.8%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, Operating Income, EBITDA, Income Tax, EPS (Diluted), Diluted Shares (Avg).

CRTG Balance Sheet

CRTG quarterly balance sheet

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Total Assets	$1.8M-51.4%	$3.6M-32.4%	$5.4M+270.6%	$1.4M-0.7%	$1.5M+1.8%	$1.4M-27.6%	$2.0M+22.5%	$1.6M+6947.2%	$23K-59.9%	$57K-49.2%	$112K+13.6%	$99K+20.4%	$82K-80.1%	$414K	N/A
Current Assets	$657K-73.4%	$2.5M-41.0%	$4.2M+1970.8%	$202K+37.6%	$147K+256.4%	$41K-91.9%	$506K+769.0%	$58K+272.4%	$16K-69.7%	$52K-39.0%	$85K-8.3%	$92K+31.8%	$70K-82.3%	$396K	N/A
Cash & Equivalents	$524K-77.8%	$2.4M-41.9%	$4.1M+18142.6%	$22K-61.8%	$58K+1353.4%	$4K-99.1%	$471K+79130.6%	$594-93.3%	$9K-74.4%	$34K-51.3%	$71K+5142.1%	$1K-92.4%	$18K-95.2%	$367K+32735.5%	$1K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0-100.0%	$78K+361.3%	$17K+139.7%	$7K	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$166K0.0%	$166K0.0%	$166K0.0%	$166K0.0%	$166K0.0%	$166K0.0%	$166K0.0%	$166K	$0	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.7M-7.9%	$1.8M+20.0%	$1.5M+110.7%	$709K-8.5%	$775K-73.2%	$2.9M+14.0%	$2.5M+57.6%	$1.6M+917.3%	$158K-84.3%	$1.0M-30.5%	$1.4M-7.6%	$1.6M+18.0%	$1.3M-34.9%	$2.0M	N/A
Current Liabilities	$647K+71.1%	$378K+23.2%	$307K-30.6%	$443K-32.4%	$655K-77.3%	$2.9M+19.9%	$2.4M+334.9%	$554K+1911.1%	$28K-97.3%	$1.0M+4.5%	$963K-4.5%	$1.0M+38.2%	$730K-36.5%	$1.1M	N/A
Non-Current Liabilities	$1.0M-29.1%	$1.4M+19.1%	$1.2M+345.4%	$267K+121.2%	$121K	$0-100.0%	$124K-88.2%	$1.1M+707.5%	$131K	$0-100.0%	$486K-13.2%	$559K-6.6%	$599K-32.7%	$891K	N/A
Long-Term Debt	$1.0M-29.1%	$1.4M	N/A	$267K	N/A	N/A	N/A	N/A	$0	N/A	$0-100.0%	$74K-35.1%	$113K-72.0%	$405K	N/A
Total Equity	$110K-94.0%	$1.8M-52.7%	$3.9M+424.3%	$737K+8.3%	$680K+146.6%	-$1.5M-160.9%	-$559K-14208.7%	$4K+102.9%	-$135K+85.8%	-$950K+28.9%	-$1.3M+9.0%	-$1.5M-17.8%	-$1.2M+23.3%	-$1.6M+9.3%	-$1.8M
Retained Earnings	-$18.7M-14.1%	-$16.3M-21.2%	-$13.5M-83.7%	-$7.3M-33.6%	-$5.5M-50.9%	-$3.6M-40.4%	-$2.6M-194.7%	-$880K-550.7%	-$135K+99.4%	-$21.3M	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K	Q3'2210-Q
Total Assets	$1.3M-48.8%	$1.3M-59.0%	$1.8M-51.4%	$2.3M-42.8%	$2.6M-39.8%	$3.1M-35.9%	$3.6M-32.4%	$4.1M-28.0%
Current Assets	$290K-80.4%	$203K-89.8%	$657K-73.4%	$1.2M-58.5%	$1.5M-53.3%	$2.0M-45.5%	$2.5M-41.0%	$2.9M-35.2%
Cash & Equivalents	$4K-99.7%	$115K-94.1%	$524K-77.8%	$1.0M-63.2%	$1.4M-53.3%	$1.9M-45.4%	$2.4M-41.9%	$2.8M-36.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$166K0.0%	$166K0.0%	$166K0.0%	$166K0.0%	$166K0.0%	$166K0.0%	$166K0.0%	$166K0.0%
Total Liabilities	$2.0M+12.8%	$1.7M-6.6%	$1.7M-7.9%	$1.9M+6.9%	$1.8M+6.1%	$1.8M+12.7%	$1.8M+20.0%	$1.8M+18.6%
Current Liabilities	$1.6M+408.4%	$679K+53.0%	$647K+71.1%	$672K+70.2%	$314K-29.1%	$444K+10.6%	$378K+23.2%	$395K-45.1%
Non-Current Liabilities	$390K-73.1%	$1.0M-26.0%	$1.0M-29.1%	$1.2M-11.0%	$1.4M+18.9%	$1.4M+13.4%	$1.4M+19.1%	$1.4M+76.3%
Long-Term Debt	$390K-73.1%	$1.0M-26.0%	$1.0M-29.1%	$1.2M	$1.4M	$1.4M	$1.4M	N/A
Total Equity	-$643K-174.2%	-$405K-130.7%	$110K-94.0%	$415K-81.8%	$866K-68.0%	$1.3M-59.6%	$1.8M-52.7%	$2.3M-45.0%
Retained Earnings	-$19.5M-12.6%	-$19.2M-13.8%	-$18.7M-14.1%	-$17.8M-17.0%	-$17.3M-17.3%	-$16.9M-19.0%	-$16.3M-21.2%	-$15.2M-15.9%

Not reported in any period shown, so not listed: Inventory, Accounts Receivable.

CRTG Cash Flow Statement

CRTG quarterly cash flow statement

Metric	TTM	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Operating Cash Flow	-$1.7M	-$1.8M+1.6%	-$1.8M-65.9%	-$1.1M+17.6%	-$1.4M-120.9%	-$612K+3.6%	-$635K+23.9%	-$835K-45.7%	-$573K	N/A	N/A	N/A	N/A	N/A	-$511K	N/A
Depreciation & Amortization	N/A	$95K+6.4%	$89K+9.8%	$81K+1.3%	$80K-0.8%	$81K0.0%	$81K-13.9%	$94K+231.1%	$28K	N/A	$0-100.0%	$4K-22.6%	$6K-11.3%	$6K+1.1%	$6K	N/A
Stock-Based Compensation	N/A	$564K-26.0%	$762K-83.4%	$4.6M+4872.5%	$92K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	$53K-34.1%	$80K	$0	N/A	N/A	N/A	$2K	$0	N/A	N/A	$0	$0-100.0%	$998-69.3%	$3K	N/A
Free Cash Flow	N/A	-$1.9M+3.0%	-$1.9M-73.1%	-$1.1M	N/A	N/A	N/A	-$837K-46.1%	-$573K	N/A	N/A	N/A	N/A	N/A	-$514K	N/A
Investing Cash Flow	N/A	-$49K+39.4%	-$80K-568.5%	-$12K	N/A	N/A	N/A	$232-99.6%	$61K	N/A	N/A	$0	$0+100.0%	-$998+69.3%	-$3K	N/A
Financing Cash Flow	$250K	$35K-84.8%	$232K-95.5%	$5.2M+291.6%	$1.3M+97.6%	$667K+295.5%	$169K-87.1%	$1.3M+158.9%	$504K	N/A	N/A	N/A	N/A	N/A	$880K	N/A

Metric	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K	Q3'2210-Q
Operating Cash Flow	-$312K+26.0%	-$362K+5.4%	-$604K-22.8%	-$410K+14.8%	-$422K-8.5%	-$382K+21.4%	-$492K-62.0%	-$481K-15.7%
Depreciation & Amortization	$25K+6.9%	$25K+6.9%	$24K+6.2%	$25K+7.7%	$23K+1.1%	$23K+11.0%	$23K+11.5%	$23K+10.7%
Stock-Based Compensation	N/A	$0	N/A	N/A	N/A	$0-100.0%	N/A	N/A
Capital Expenditures	N/A	N/A	$7K	$5K-33.3%	$41K-38.6%	$0-100.0%	$0	$7K
Free Cash Flow	N/A	N/A	-$611K-24.2%	-$415K+15.0%	-$464K-1.5%	-$382K+22.3%	-$492K-62.0%	-$488K-17.4%
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$0	-$7K
Financing Cash Flow	$202K+780.7%	-$47K-54.7%	$111K+52.8%	-$15K-109.5%	-$30K	-$30K	$72K+7237600.0%	$160K+463.8%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

CRTG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CRTG quarterly financial ratios

Metric	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K	FY0910-K
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-1436.7%	N/A
Return on Equity	-2095.1%-1938.5pp	-156.6%+5.6pp	-162.2%+88.1pp	-250.3%+22.2pp	-272.5%	N/A	N/A	-18790.4%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-131.0%-52.0pp	-79.1%+37.9pp	-117.0%+10.6pp	-127.6%-0.2pp	-127.4%-54.2pp	-73.2%+13.5pp	-86.7%-40.5pp	-46.2%	N/A	N/A	N/A	N/A	N/A	-368.1%	N/A
Current Ratio	1.01-5.5x	6.53-7.1x	13.63+13.2x	0.46+0.2x	0.22+0.2x	0.01-0.2x	0.21+0.1x	0.10-0.5x	0.57+0.5x	0.050.0x	0.090.0x	0.090.0x	0.10-0.2x	0.34	N/A
Debt-to-Equity	9.11+8.3x	0.77+0.4x	0.390.0x	0.36-0.8x	1.14	N/A	N/A	405.82	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover	0.000.0x	0.000.0x	0.000.0x	0.00	N/A	N/A	N/A	0.00-0.2x	0.22-1.3x	1.50+1.1x	0.43-0.2x	0.64-0.4x	1.09+0.8x	0.26	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-485.0%	N/A

Metric	Q2'2410-Q	Q1'2410-Q	Q4'2310-Q	Q3'2310-Q	Q2'2310-Q	Q1'2310-Q	Q4'2210-K	Q3'2210-Q
Return on Equity	N/A	N/A	N/A	-109.9%-91.0pp	-54.8%-32.3pp	-38.4%-17.6pp	N/A	-18.9%+45.4pp
Return on Assets	-24.9%-6.8pp	-40.8%-24.6pp	N/A	-19.6%-9.0pp	-18.1%-4.1pp	-16.2%-2.3pp	N/A	-10.6%+36.6pp
Current Ratio	0.18-4.5x	0.30-4.2x	1.01-5.5x	1.80-5.6x	4.71-2.5x	4.51-4.6x	6.53-7.1x	7.36+1.1x
Debt-to-Equity	N/A	N/A	9.11+8.3x	3.00+2.2x	1.67+1.1x	1.03+0.5x	0.77+0.4x	0.78+0.4x
Asset Turnover	0.000.0x	0.000.0x	N/A	0.000.0x	0.000.0x	0.000.0x	N/A	0.000.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Coretec Group Inc CRTG	FY2023	$0	-$2.3M	N/A	$1.1M	—
3Dx Industries DDDX	FY2015	N/A	N/A	N/A	$482K	—
Iiot-Oxys Inc ITOX	FY2025	$0	N/A	N/A	$311K	—

Where Coretec Group Inc Ranks

Frequently Asked Questions

What is Coretec Group Inc's annual revenue?

Coretec Group Inc (CRTG) reported $0 in total revenue for fiscal year 2023. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Is Coretec Group Inc profitable?

No, Coretec Group Inc (CRTG) reported a net income of -$2.3M in fiscal year 2023.

How much debt does Coretec Group Inc have?

As of fiscal year 2023, Coretec Group Inc (CRTG) had $524K in cash and equivalents against $1.0M in long-term debt.

What is Coretec Group Inc's return on equity (ROE)?

Coretec Group Inc (CRTG) has a return on equity of -2095.1% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.

What is Coretec Group Inc's free cash flow?

Coretec Group Inc (CRTG) recorded an outflow of $1.9M in free cash flow during fiscal year 2023. This represents a 3.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Coretec Group Inc's operating cash flow?

Coretec Group Inc (CRTG) recorded an outflow of $1.8M in operating cash flow during fiscal year 2023, representing cash used by core business activities.

What are Coretec Group Inc's total assets?

Coretec Group Inc (CRTG) had $1.8M in total assets as of fiscal year 2023, including both current and long-term assets.

What are Coretec Group Inc's capital expenditures?

Coretec Group Inc (CRTG) invested $53K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

How much does Coretec Group Inc spend on research and development?

Coretec Group Inc (CRTG) invested $513K in research and development during fiscal year 2023.

How many shares does Coretec Group Inc have outstanding?

Coretec Group Inc (CRTG) had 301M shares outstanding as of fiscal year 2023.

What is Coretec Group Inc's current ratio?

Coretec Group Inc (CRTG) had a current ratio of 1.01 as of fiscal year 2023, which is considered adequate.

What is Coretec Group Inc's debt-to-equity ratio?

Coretec Group Inc (CRTG) had a debt-to-equity ratio of 9.11 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Coretec Group Inc's return on assets (ROA)?

Coretec Group Inc (CRTG) had a return on assets of -131.0% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

What is Coretec Group Inc's P/E ratio?

Coretec Group Inc (CRTG) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2023). The market capitalization is $1.1M as of Aug 25, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Coretec Group Inc's price-to-sales ratio?

Coretec Group Inc (CRTG) has no price-to-sales ratio at the moment: revenue is not positive (FY2023). The market capitalization is $1.1M as of Aug 25, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

How does Coretec Group Inc's liquidity compare with its operating cash outflow?

At the end of fiscal year 2023, Coretec Group Inc (CRTG) held $524K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.8M over that year. Dividing the one by the other, the reported balance equals about 3 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

What is Coretec Group Inc's Piotroski F-Score?

Coretec Group Inc (CRTG) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Coretec Group Inc's earnings high quality?

Coretec Group Inc (CRTG) reported a net loss of $2.3M while operations used $1.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.