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Alderon Iron Ore (Alderon Iron Ore) Total Current Assets : $2.43 Mil (As of Sep. 2019)


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What is Alderon Iron Ore Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Alderon Iron Ore's total current assets for the quarter that ended in Sep. 2019 was $2.43 Mil.


Alderon Iron Ore Total Current Assets Historical Data

The historical data trend for Alderon Iron Ore'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.

Alderon Iron Ore Total Current Assets Chart

Alderon Iron Ore Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.94 11.44 7.95 12.47 5.29

Alderon Iron Ore 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 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 6.44 5.29 4.23 3.22 2.43

Alderon Iron Ore 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.

Alderon Iron Ore's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Alderon Iron Ore's Total Current Assets for the quarter that ended in Sep. 2019 is calculated as

* 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.

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.


Alderon Iron Ore  (OTCPK:AXXDF) 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.

Alderon Iron Ore'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)
=2.37-20.942+0.75 * 0.02+0.5 * 0
=-18.56

* 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.


Alderon Iron Ore Total Current Assets Related Terms

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Alderon Iron Ore (Alderon Iron Ore) Business Description

Traded in Other Exchanges
N/A
Address
1140 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6E 4G1
Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.

Alderon Iron Ore (Alderon Iron Ore) Headlines