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Trench Metals (TSXV:TMC) Total Current Assets : C$0.77 Mil (As of Jan. 2024)


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What is Trench Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Trench Metals's total current assets for the quarter that ended in Jan. 2024 was C$0.77 Mil.


Trench Metals Total Current Assets Historical Data

The historical data trend for Trench 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.

Trench Metals Total Current Assets Chart

Trench Metals Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.81 0.30 0.59 0.56

Trench Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.50 0.44 0.55 0.56 0.77

Trench 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.

Trench Metals's Total Current Assets for the fiscal year that ended in Oct. 2023 is calculated as

Trench Metals's Total Current Assets for the quarter that ended in Jan. 2024 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.


Trench Metals  (TSXV:TMC) 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.

Trench Metals'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)
=0.765-0.069+0.75 * 0+0.5 * 0
=0.70

* 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.


Trench Metals Total Current Assets Related Terms

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Trench Metals (TSXV:TMC) Business Description

Traded in Other Exchanges
Address
250 - 750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
Trench Metals Corp is engaged in the business of exploration and mining metals. The company focuses on the Gorilla Lake Uranium Project and Higginson Lake Uranium Project.

Trench Metals (TSXV:TMC) Headlines

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