American Lithium (FRA:5LA1) Total Current Assets : €6.36 Mil (As of Aug. 2024)

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What is American Lithium Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. American Lithium's total current assets for the quarter that ended in Aug. 2024 was €6.36 Mil.

American Lithium Total Current Assets Historical Data

The historical data trend for American Lithium'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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American Lithium Total Current Assets Chart

American Lithium Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Current Assets

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0.67

3.64

39.50

29.94

13.35

American Lithium Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Current Assets	Get a 7-Day Free Trial															21.04	15.88	13.35	9.51	6.36

American Lithium 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.

American Lithium's Total Current Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8.164	+	0.423	+	0	+	4.761
	=	13.35

American Lithium's Total Current Assets for the quarter that ended in Aug. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.341	+	0.025	+	0	+	3.997
	=	6.36

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.

American Lithium (FRA:5LA1) 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.

American Lithium's Liquidation Value for the quarter that ended in Aug. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.341	-	1.963	+	0.75 * 0.025	+	0.5 * 0
=	0.40

American Lithium Total Current Assets Related Terms

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American Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Lithium Corp (FRA:5LA1) » Definitions » Total Current Assets

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Traded in Other Exchanges

LI:Canada 5LA1:Bulgaria

Address

1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.americanlithiumcorp.com

American Lithium Corp is an exploration-stage company. It is engaged in the identification, acquisition, and exploration of mineral interests in the United States of America and Peru. Its projects include TLC Lithium, Falchani Lithium, and Macusani Uranium project.

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