ZEB Nickel (TSXV:ZBNI) Total Current Assets : C$0.13 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is ZEB Nickel Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ZEB Nickel's total current assets for the quarter that ended in Sep. 2023 was C$0.13 Mil.

ZEB Nickel Total Current Assets Historical Data

The historical data trend for ZEB Nickel'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.

ZEB Nickel Total Current Assets Chart

ZEB Nickel Annual Data

Trend

Dec21

Dec22

Total Current Assets

2.01

0.55

ZEB Nickel Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial					1.06	0.76	0.55	0.19	0.13

ZEB Nickel 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.

ZEB Nickel'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
	=	0.424	+	0.053	+	0	+	0.075
	=	0.55

ZEB Nickel'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
	=	0.068	+	0.051	+	0	+	0.013
	=	0.13

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.

ZEB Nickel (TSXV:ZBNI) 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.

ZEB Nickel'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)
=	0.068	-	1.634	+	0.75 * 0	+	0.5 * 0
=	-1.57

ZEB Nickel Total Current Assets Related Terms

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

ZEB Nickel (TSXV:ZBNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ZEB Nickel Corp (TSXV:ZBNI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ZBNIF:USA

Address

4 King Street West, Suite 401, Toronto, ON, CAN, M5H 1B6

Website

ZEB Nickel Corp is a mineral exploration company. It controls the rights to the Zebediela Nickel Project located in the Limpopo Province in the Republic of South Africa.

ZEB Nickel (TSXV:ZBNI) Headlines

No Headlines