CHCX (CTGX Mining) Total Current Assets: $0.56 Mil (As of Jan. 2005)


What is CTGX Mining Total Current Assets?

CTGX Mining CHCX Total Current Assets is $0.56 Mil as of Jan. 2005.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. CTGX Mining's total current assets for the quarter that ended in Jan. 2005 was $0.56 Mil.

CTGX Mining  (OTCPK:CHCX) 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.

CTGX Mining's Liquidation Value for the quarter that ended in Jan. 2005 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.004-1.122+0.75 * 0.114+0.5 * 0.295
=-0.89

* 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.

CTGX Mining Total Current Assets Related Terms

CTGX Mining Total Current Assets Historical Data

* Premium members only.

The historical data trend for CTGX Mining'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.

CTGX Mining Total Current Assets Chart

CTGX Mining Annual Data
Trend Mar03
Total Current Assets
0.00

CTGX Mining Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jul04 Oct04 Jan05
Total Current Assets Get a 7-Day Free Trial 0.00 0.00 0.76 1.18 0.56

CTGX Mining 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.

CTGX Mining's Total Current Assets for the fiscal year that ended in Mar. 2003 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.004+0+0+0
=0.00

CTGX Mining's Total Current Assets for the quarter that ended in Jan. 2005 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.004+0.24+0.295+0.025
=0.56

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $0.56 Mil mean?
CTGX Mining (CHCX) has a Total Current Assets of $0.56 Mil as of Jan. 2005. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for CTGX Mining and its competitors.
Is CTGX Mining's Total Current Assets too high?
CTGX Mining's current Total Current Assets is $0.56 Mil.
How does CTGX Mining's Total Current Assets compare to competitors?
CTGX Mining's Total Current Assets of $0.56 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Metals & Mining company?
A good Total Current Assets depends on the Metals & Mining industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for CTGX Mining and its competitors. CTGX Mining's current Total Current Assets is $0.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTGX Mining stock overvalued right now?
CTGX Mining (CHCX) has a current Total Current Assets of $0.56 Mil. The current Total Current Assets is $0.56 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For CTGX Mining (CHCX), the current Total Current Assets is $0.56 Mil as of Jan. 2005. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CTGX Mining Business Description

Address 1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034
CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.