ValOre Metals (TSXV:VO) Total Current Assets : C$0.36 Mil (As of Mar. 2024)

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What is ValOre Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ValOre Metals's total current assets for the quarter that ended in Mar. 2024 was C$0.36 Mil.

ValOre Metals Total Current Assets Historical Data

The historical data trend for ValOre 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.

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ValOre Metals Total Current Assets Chart

ValOre Metals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Current Assets

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2.74

0.68

2.60

2.40

1.35

ValOre Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															0.48	2.29	1.35	0.19	0.36

ValOre 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.209	+	0.002	+	0	+	0.136
	=	1.35

ValOre Metals's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.303	+	0.017	+	0	+	0.04
	=	0.36

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.

ValOre Metals (TSXV:VO) 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.

ValOre Metals's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.303	-	1.315	+	0.75 * 0	+	0.5 * 0
=	-1.01

ValOre Metals Total Current Assets Related Terms

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ValOre Metals (TSXV:VO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » ValOre Metals Corp (TSXV:VO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

KVLQF:USA KEQ0:Germany

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

https://www.valoremetals.com

ValOre Metals Corp is a Canadian-based exploration-stage company. It focuses on the acquisition, exploration, and development of mineral resources. Pedra Branca, Angilak, Baffin Gold, Genesis and Hatchet Lake are some of the assets that the company possesses. It has two geographical segments that include Canada and Brazil.

Executives

James R. Paterson

Director, Senior Officer