Fox River Resources (XCNQ:FOX) Total Current Assets : C$6.22 Mil (As of Jan. 2025)

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What is Fox River Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fox River Resources's total current assets for the quarter that ended in Jan. 2025 was C$6.22 Mil.

Fox River Resources Total Current Assets Historical Data

The historical data trend for Fox River Resources'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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Fox River Resources Total Current Assets Chart

Fox River Resources Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Total Current Assets

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0.64

2.46

0.23

1.77

0.69

Fox River Resources Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Current Assets	Get a 7-Day Free Trial															1.34	1.17	0.95	0.69	6.22

Fox River Resources 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.

Fox River Resources's Total Current Assets for the fiscal year that ended in Oct. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.639	+	0.021	+	0	+	0.03
	=	0.69

Fox River Resources's Total Current Assets for the quarter that ended in Jan. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.156	+	0.03	+	0	+	0.033
	=	6.22

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.

Fox River Resources (XCNQ:FOX) 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.

Fox River Resources's Liquidation Value for the quarter that ended in Jan. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.156	-	0.345	+	0.75 * 0.03	+	0.5 * 0
=	5.83

Fox River Resources Total Current Assets Related Terms

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Fox River Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fox River Resources Corp (XCNQ:FOX) » Definitions » Total Current Assets

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Traded in Other Exchanges

FXRVF:USA

Address

141 Adelaide Street West, Suite 301, Toronto, ON, CAN, M5H 3L5

Website

https://www.fox-river.ca

Fox River Resources Corp is engaged in the advancement of the Martison Phosphate Project located near Hearst, Ontario. The project entails the construction of a vertically integrated phosphoric acid facility. The plant would utilize the Martison phosphate deposit and sulphuric acid from existing nearby base metal smelters or a sulphuric acid plant built by the company utilizing low-cost sulphur from Western Canada. The acidulation of these two primary inputs would be utilized to create phosphoric acid used to produce products in the fertilizer and industrial phosphate markets.

Executives

David Lotan	Director
Stephen Dunbar Case	10% Security Holder, Director, Senior Officer
Fraser James Laschinger	Senior Officer
Elizabeth Anne Leonard	Director
Lotan Holdings Inc.	10% Security Holder
Gordon Scott Townsend Mckinnon	Director