Discovery Lithium (STU:Q3Q0) Total Current Assets : €2.21 Mil (As of Jan. 2024)

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What is Discovery Lithium Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Discovery Lithium's total current assets for the quarter that ended in Jan. 2024 was €2.21 Mil.

Discovery Lithium Total Current Assets Historical Data

The historical data trend for Discovery Lithium'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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Discovery Lithium Total Current Assets Chart

Discovery Lithium Annual Data

Trend

Jan22

Jan23

Jan24

Total Current Assets

1.09

0.76

2.21

Discovery Lithium Quarterly Data
	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial			0.76	1.69	1.98	1.86	2.21

Discovery Lithium 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.

Discovery Lithium's Total Current Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.052	+	0.128	+	0	+	0.034
	=	2.21

Discovery Lithium's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.052	+	0.128	+	0	+	0.034
	=	2.21

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.

Discovery Lithium (STU:Q3Q0) 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.

Discovery Lithium's Liquidation Value for the quarter that ended in Jan. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.052	-	0.314	+	0.75 * 0.128	+	0.5 * 0
=	1.83

Discovery Lithium Total Current Assets Related Terms

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Discovery Lithium (STU:Q3Q0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Lithium Inc (STU:Q3Q0) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

DCLIF:USA Q3Q0:Germany DCLI:Canada

Address

1110 Hamilton Strett, Suite 306, Vancouver, BC, CAN, V6B 2S2

Website

ISM Resources Corp is a junior exploration company engaged in the exploration and development of the ESN Property, Koster Dam Property, and Quet Gold Ridge and Fire Creek Property. It is engaged in the business of gold mineral exploration.

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