Cadence Minerals (AQSE:KDNC) Total Current Assets : £15.26 Mil (As of Jun. 2023)

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What is Cadence Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Cadence Minerals's total current assets for the quarter that ended in Jun. 2023 was £15.26 Mil.

Cadence Minerals Total Current Assets Historical Data

The historical data trend for Cadence Minerals'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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Cadence Minerals Total Current Assets Chart

Cadence Minerals Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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12.55

12.07

19.72

17.35

10.27

Cadence Minerals Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Current Assets	Get a 7-Day Free Trial															22.17	17.35	12.96	10.27	15.26

Cadence Minerals 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.

Cadence Minerals's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.316	+	3.957	+	0	+	0
	=	10.27

Cadence Minerals's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	11.279	+	3.978	+	0	+	0
	=	15.26

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.

Cadence Minerals (AQSE:KDNC) 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.

Cadence Minerals's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.279	-	6.271	+	0.75 * 3.978	+	0.5 * 0
=	7.99

Cadence Minerals Total Current Assets Related Terms

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Cadence Minerals (AQSE:KDNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cadence Minerals PLC (AQSE:KDNC) » Definitions » Total Current Assets

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Traded in Other Exchanges

KDNC:UK

Address

20 Primrose Street, C/o The Broadgate Tower, London, GBR, EC2A 2EW

Website

https://www.cadenceminerals.com

Cadence Minerals PLC is engaged in identifying, investing, and developing Mineral resources. The Group is also exploring other mining-related opportunities. The company invests across the globe, principally in lithium mining projects. The company projects include Sonora Lithium, Cinovec Lithium, Yangibana Rare Earth Project, and Macarthur Minerals Projects where the Sonora Lithium Project consists of over 10 concessions confer rights for exploration, mining, and production, the Cinovec Lithium Project hosts tin deposit, the Karibib Lithium Project consists of five existing Exclusive Prospecting Licenses (EPLs) in the region and Yangibana Project hosts extensive rare earths-bearing ferrocarbonatite/ironstone veins.

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