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ADTLF (Adriatic Metals) Total Current Assets : $73.03 Mil (As of Jun. 2024)


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What is Adriatic Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Adriatic Metals's total current assets for the quarter that ended in Jun. 2024 was $73.03 Mil.

Adriatic Metals Total Current Assets Historical Data

The historical data trend for Adriatic 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.

* Premium members only.

Adriatic Metals Total Current Assets Chart

Adriatic Metals Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial 7.26 14.32 114.73 79.42 59.62

Adriatic Metals Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.53 79.42 110.89 59.62 73.03

Adriatic 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.

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

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=44.856+0.263+1.553+12.949
=59.62

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

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=58.777+0.473+4.701+9.076
=73.03

* 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.

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.

Adriatic Metals  (OTCPK:ADTLF) 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.

Adriatic Metals's Liquidation Value for the quarter that ended in Jun. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=58.777-192.273+0.75 * 0+0.5 * 4.701
=-131.15

* 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.

Adriatic Metals Total Current Assets Related Terms

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Adriatic Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Adriatic Metals PLC (OTCPK:ADTLF) » Definitions » Total Current Assets
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Traded in Other Exchanges
ADMLF:USA ADT1l:UK ADT1:UK 3FN:Germany ADT:Australia
Address
65 Rodney Road, Ground Floor, Regent House, Cheltenham, GBR, GL50 1HX
Website
https://www.adriaticmetals.com
Adriatic Metals PLC is engaged in mineral exploration. The projects of the company are The Veovaca and The Raska. The Veovaca is historic open-cut zinc, lead, barite, and silver mine and the Raska project is an advanced exploration project which exhibits exceptionally high grades of the base and precious metals and is located approximately 17km North-West of the Veovaca Project.