GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunrise Energy Metals Ltd (OTCPK:SREMF) » Definitions » Total Current Assets

Sunrise Energy Metals (Sunrise Energy Metals) Total Current Assets : $8.95 Mil (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Sunrise Energy Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sunrise Energy Metals's total current assets for the quarter that ended in Dec. 2023 was $8.95 Mil.


Sunrise Energy Metals Total Current Assets Historical Data

The historical data trend for Sunrise Energy Metals'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.

Sunrise Energy Metals Total Current Assets Chart

Sunrise Energy Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.71 29.90 46.28 17.78 11.70

Sunrise Energy Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 21.53 17.78 14.44 11.70 8.95

Sunrise Energy Metals 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.

Sunrise Energy Metals's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Sunrise Energy Metals'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.


Sunrise Energy Metals  (OTCPK:SREMF) 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.

Sunrise Energy Metals'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)
=8.508-0.82+0.75 * 0.341+0.5 * 0
=7.94

* 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.


Sunrise Energy Metals Total Current Assets Related Terms

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


Sunrise Energy Metals (Sunrise Energy Metals) Business Description

Traded in Other Exchanges
Address
10 Queen Street, Level 6, Melbourne, VIC, AUS, 3000
Sunrise Energy Metals Ltd is an Australia-based company engaged in providing metals recovery and industrial water treatment solutions through its proprietary Clean-iX continuous ion exchange technology. It focuses on metals that are highly geared to disruptive changes in technologies and markets, particularly in global energy and transport. The company operates wholly in the Australia.

Sunrise Energy Metals (Sunrise Energy Metals) Headlines