Critical Resources (ASX:CRR) Total Current Assets : A$2.81 Mil (As of Jun. 2023)

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What is Critical Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Critical Resources's total current assets for the quarter that ended in Jun. 2023 was A$2.81 Mil.

Critical Resources Total Current Assets Historical Data

The historical data trend for Critical 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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Critical Resources Total Current Assets Chart

Critical Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.09

1.91

5.27

9.61

5.85

Critical Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															5.27	9.57	9.61	2.81	5.85

Critical 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.

Critical Resources'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
	=	5.551	+	0.236	+	0	+	0.064
	=	5.85

Critical Resources's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.001	+	0.632	+	0	+	0.176
	=	2.81

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.

Critical Resources (ASX:CRR) 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.

Critical Resources's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.001	-	4.173	+	0.75 * 0.632	+	0.5 * 0
=	-1.70

Critical Resources Total Current Assets Related Terms

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Critical Resources (ASX:CRR) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Critical Resources Ltd (ASX:CRR) » Definitions » Total Current Assets

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9S70:Germany

Address

108 St Georges Terrace, Level 50, Perth, WA, AUS, 6000

Website

https://www.criticalresources.com.au

Critical Resources Ltd is an exploration and project development company. It is advancing and developing critical metals projects for a decarbonised future. The company holds a suite of lithium prospects across Ontario, Canada, including the flagship Mavis Lake Lithium Project as well as Graphic Lake, Plaid and Whiteloon Lake. Its other projects include the Halls Peak Project in NSW, Australia, a high-quality base metals project with significant scale potential and the Block 4 and Block 5 copper project, located in Oman. The company's primary objective is the rapid development of its flagship Mavis Lake Lithium Project. Mavis Lake is an advanced exploration project with near-term development potential.

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