US Critical Metals (XCNQ:USCM) Total Current Assets : C$0.44 Mil (As of Mar. 2024)

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What is US Critical Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. US Critical Metals's total current assets for the quarter that ended in Mar. 2024 was C$0.44 Mil.

US Critical Metals Total Current Assets Historical Data

The historical data trend for US Critical 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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US Critical Metals Total Current Assets Chart

US Critical Metals Annual Data

Trend

Jan22

Sep23

Total Current Assets

0.03

1.62

US Critical Metals Quarterly Data
	Mar21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial					1.75	2.77	1.62	0.67	0.44

US Critical 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.

US Critical 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
	=	1.444	+	0.007	+	0	+	0.164
	=	1.62

US Critical 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
	=	0.346	+	0.004	+	0	+	0.094
	=	0.44

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.

US Critical Metals (XCNQ:USCM) 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.

US Critical 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)
=	0.346	-	0.449	+	0.75 * 0	+	0.5 * 0
=	-0.10

US Critical Metals Total Current Assets Related Terms

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US Critical Metals (XCNQ:USCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » US Critical Metals Corp (XCNQ:USCM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

USCMF:USA 0IU0:Germany

Address

550 Burrard Street, Suite 2300, Vancouver, BC, CAN, V6C 2B5

Website

https://www.uscmcorp.com

US Critical Metals Corp is engaged in the business of mineral exploration. Its exploration projects include the Haynes Cobalt Property and the Nevada Lithium Property.

Executives

Darren George Collins

Director, Senior Officer

US Critical Metals (XCNQ:USCM) Headlines

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