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Metallic Minerals (FRA:9MM1) Other Current Assets : €0.06 Mil (As of Jan. 2024)


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What is Metallic Minerals Other Current Assets?

Metallic Minerals's other current assets for the quarter that ended in Jan. 2024 was €0.06 Mil.

Metallic Minerals's quarterly other current assets declined from Apr. 2023 (€0.07 Mil) to Oct. 2023 (€0.04 Mil) but then increased from Oct. 2023 (€0.04 Mil) to Jan. 2024 (€0.06Mil).

Metallic Minerals's annual other current assets increased from Jul. 2020 (€0.04 Mil) to Jul. 2021 (€0.26 Mil) declined from Jul. 2021 (€0.26 Mil) to Jul. 2022 (€0.14 Mil).


Metallic Minerals Other Current Assets Historical Data

The historical data trend for Metallic Minerals's Other 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.

Metallic Minerals Other Current Assets Chart

Metallic Minerals Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.03 0.04 0.26 0.14

Metallic Minerals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Oct23 Jan24
Other 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 0.07 - 0.07 0.04 0.06

Metallic Minerals Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


Metallic Minerals Other Current Assets Related Terms

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Metallic Minerals (FRA:9MM1) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2
Metallic Minerals Corp is an exploration company focused on the acquisition and development of high-grade silver and gold projects. It seeks to create value through a disciplined, systematic approach to exploration, reducing investment risk and maximizing the probability of long-term success. Metallic's core Keno Silver Project is located in the historic Keno Hill Silver District of Canada's Yukon Territory, a region that has produced over 200 million ounces of silver. The company's La Plata silver-gold-copper project is located in the high-grade La Plata district of the prolific Colorado Mineral Belt and its McKay Hill project northeast of Keno Hill is a high-grade historic silver-gold producer. The company is building a portfolio of gold royalties in the historic Klondike Gold District.

Metallic Minerals (FRA:9MM1) Headlines

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