ChemX Materials (ASX:CMX) Total Current Assets : A$1.65 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is ChemX Materials Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ChemX Materials's total current assets for the quarter that ended in Dec. 2023 was A$1.65 Mil.

ChemX Materials Total Current Assets Historical Data

The historical data trend for ChemX Materials'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.

ChemX Materials Total Current Assets Chart

ChemX Materials Annual Data

Trend

Jun22

Jun23

Jun24

Total Current Assets

6.20

1.87

1.36

ChemX Materials Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	6.20	4.54	1.87	1.65	1.36

ChemX Materials 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.

ChemX Materials's Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.595	+	0.758	+	0	+	0.0030000000000001
	=	1.36

ChemX Materials's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.23	+	0.343	+	0	+	0.079
	=	1.65

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.

ChemX Materials (ASX:CMX) 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.

ChemX Materials's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.23	-	2.401	+	0.75 * 0.343	+	0.5 * 0
=	-0.91

ChemX Materials Total Current Assets Related Terms

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

ChemX Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ChemX Materials Ltd (ASX:CMX) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Flindell Street, O'Connor, WA, AUS, 6163

Website

https://www.chemxmaterials.com.au

ChemX Materials Ltd is an advanced materials technology company. It has developed a process to produce High Purity Alumina a critical input for battery technology. Its other project include Eyre Peninsula Projects. It has one reportable segment which is mining exploration and the development of its propriety High Purity Alumina technology within Australia.

ChemX Materials Headlines

No Headlines