Lithium Plus Minerals (ASX:LPM) Total Current Assets : A$4.59 Mil (As of Dec. 2024)

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What is Lithium Plus Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lithium Plus Minerals's total current assets for the quarter that ended in Dec. 2024 was A$4.59 Mil.

Lithium Plus Minerals Total Current Assets Historical Data

The historical data trend for Lithium Plus Minerals'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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Lithium Plus Minerals Total Current Assets Chart

Lithium Plus Minerals Annual Data

Trend

Jun23

Jun24

Total Current Assets

8.59

7.04

Lithium Plus Minerals Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	6.62	8.59	10.18	7.04	4.59

Lithium Plus Minerals 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.

Lithium Plus Minerals'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
	=	6.701	+	0.105	+	0	+	0.233
	=	7.04

Lithium Plus Minerals's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.277	+	0.125	+	0	+	0.191
	=	4.59

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.

Lithium Plus Minerals (ASX:LPM) 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.

Lithium Plus Minerals's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.277	-	0.605	+	0.75 * 0.125	+	0.5 * 0
=	3.77

Lithium Plus Minerals Total Current Assets Related Terms

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Lithium Plus Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Plus Minerals Ltd (ASX:LPM) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

18-22 Pitt Street, Level 6, Sydney, NSW, AUS, 2000

Website

https://www.lithiumplus.com.au

Lithium Plus Minerals Ltd is engaged in the mining and exploration of lithium. The projects of the company include Bynoe Lithium projects, Arunta Lithium projects, the Barrow Creek, Spotted Wonder and Moonlightand Wingate projects.

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