GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Next-ChemX Corp (OTCPK:CHMX) » Definitions » Total Current Assets

Next-ChemX (Next-ChemX) Total Current Assets : $0.14 Mil (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Next-ChemX Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Next-ChemX's total current assets for the quarter that ended in Dec. 2023 was $0.14 Mil.


Next-ChemX Total Current Assets Historical Data

The historical data trend for Next-ChemX'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.

Next-ChemX Total Current Assets Chart

Next-ChemX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 0.52 0.05 0.01 0.05 0.14

Next-ChemX Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.05 0.16 0.23 0.24 0.14

Next-ChemX 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.

Next-ChemX's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Next-ChemX's Total Current Assets for the quarter that ended in Dec. 2023 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.


Next-ChemX  (OTCPK:CHMX) 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.

Next-ChemX's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.067-3.932+0.75 * 0+0.5 * 0
=-3.87

* 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.


Next-ChemX Total Current Assets Related Terms

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


Next-ChemX (Next-ChemX) Business Description

Traded in Other Exchanges
N/A
Address
901 Mopac Expressway South, Building 1, Suite 300, Austin, TX, USA, 78746
Next-ChemX Corp owns a Novel Membrane-Based Ion Extraction Technology called NCX technology, that economically extracts ions from solutions that are in very low concentrations. The company's extraction technology allows a continuous transfer without high pressure, temperature, or electrolysis as it mimics biological processes found in nature. Currently, The company is developing commercial pilot plant systems in its laboratory for a wide range of extraction applications that it intends to market Internationally.
Executives
Majendie Dominic John George Gordon officer: VP Business Development FLAT 93, YAROSLAVIV VAL 14D, KYIV 2H 01034
Benton H Wilcoxon director, officer: CEO
John Michael Johnson director, officer: President 20 LEA LEA PL., MAKAWAO HI 96768
Next-chemx Corp./tx 10 percent owner, officer: CEO 1111 W 12TH ST., #113, AUSTIN TX 78703
Nikolai Meerovich Kocherginsky 10 percent owner NEXT-CHEMX CORPORATION,, 60 HAZELWOOD DRIVE, #146, CHAMPAIGN IL 61820

Next-ChemX (Next-ChemX) Headlines

From GuruFocus

Bolivia Lithium Brines Update

By Marketwired 05-16-2024