Valhalla Metals (TSXV:VMXX) Total Current Assets

: C$2.86 Mil (As of Sep. 2023)

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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Valhalla Metals's total current assets for the quarter that ended in Sep. 2023 was C$2.86 Mil.

Valhalla Metals Total Current Assets Historical Data

The historical data trend for Valhalla 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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Valhalla Metals Annual Data

Trend

Dec21

Dec22

Total Current Assets

0.48

9.68

Valhalla Metals Quarterly Data
	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial			-	10.14	9.68	9.14	2.86

Valhalla 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.

Valhalla Metals'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
	=	9.204	+	0.087	+	0	+	0.386
	=	9.68

Valhalla Metals'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
	=	2.605	+	0.041	+	0	+	0.213
	=	2.86

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.

Valhalla Metals (TSXV:VMXX) 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.

Valhalla Metals'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)
=	2.605	-	0.361	+	0.75 * 0.041	+	0.5 * 0
=	2.27

Valhalla Metals Total Current Assets Related Terms

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Valhalla Metals (TSXV:VMXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Valhalla Metals Inc (TSXV:VMXX) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

VMXXF:USA

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

Valhalla Metals Inc is a private exploration company based in Fairbanks, Alaska. It currently holds exploration projects concentrated in the Ambler Mining District of Alaska in the Brooks Range of NW Alaska, including the Sun and Smucker VMS Projects.

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