BTU Metals (BTU Metals) Total Current Assets : $1.12 Mil (As of Jan. 2024)

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What is BTU Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. BTU Metals's total current assets for the quarter that ended in Jan. 2024 was $1.12 Mil.

BTU Metals Total Current Assets Historical Data

The historical data trend for BTU 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.

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BTU Metals Total Current Assets Chart

BTU Metals Annual Data

Trend

Apr12

Apr13

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Total Current Assets

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0.50

0.54

0.96

1.41

0.71

BTU Metals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial															0.30	0.21	1.57	1.31	1.12

BTU 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.

BTU Metals's Total Current Assets for the fiscal year that ended in Apr. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.626	+	0.07	+	0	+	0.017
	=	0.71

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.067	+	0.029	+	0	+	0.02
	=	1.12

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.

BTU Metals (OTCPK:BTUMF) 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.

BTU Metals's Liquidation Value for the quarter that ended in Jan. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.067	-	0.02	+	0.75 * 0.004	+	0.5 * 0
=	1.05

BTU Metals Total Current Assets Related Terms

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BTU Metals (BTU Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BTU Metals Corp (OTCPK:BTUMF) » Definitions » Total Current Assets

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BTU:Canada

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2

Website

https://www.btumetals.com

BTU Metals Corp is a Canadian-based company engaged in the identifying, acquisition, and exploration of mineral property. Its Projects include Galway Gold Property, Dixie Halo East Project, Dixie Halo South Project, Dixie Halo Southeast Project, Dixie Halo Southeast Extension Project, and others.