Fabled Copper (Fabled Copper) Total Current Assets : $0.07 Mil (As of Sep. 2023)

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What is Fabled Copper Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fabled Copper's total current assets for the quarter that ended in Sep. 2023 was $0.07 Mil.

Fabled Copper Total Current Assets Historical Data

The historical data trend for Fabled Copper'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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Fabled Copper Total Current Assets Chart

Fabled Copper Annual Data

Trend

Dec20

Dec21

Dec22

Total Current Assets

3.07

0.17

Fabled Copper Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets	Get a 7-Day Free Trial							0.26	0.17	0.10	0.22	0.07

Fabled Copper 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.

Fabled Copper'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
	=	0.121	+	0.013	+	0	+	0.031
	=	0.17

Fabled Copper's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.042	+	0.002	+	0	+	0.029
	=	0.07

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.

Fabled Copper (OTCPK:FBCPF) 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.

Fabled Copper's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.042	-	0.563	+	0.75 * 0.002	+	0.5 * 0
=	-0.52

Fabled Copper Total Current Assets Related Terms

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Fabled Copper (Fabled Copper) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fabled Copper Corp (OTCPK:FBCPF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

XZ70:Germany FABL:Canada

Address

1500 West Georgia Street, Suite 480, Vancouver, BC, CAN, V6G 2Z6

Website

https://www.fabledsilvergoldcorp.com

Fabled Copper Corp is a mineral resource company principally engaged in the acquisition and exploration of mineral resource properties. Its objective is to locate and develop precious metals, focusing initially on the exploration and development of the Muskwa Project. It has one reportable segment, which is the exploration and evaluation of exploration and evaluation assets. All of the Company's equipment and exploration and evaluation assets are located in Canada.