Metallic Minerals (FRA:9MM1) Total Current Assets : €1.38 Mil (As of Jan. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Metallic Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Metallic Minerals's total current assets for the quarter that ended in Jan. 2024 was €1.38 Mil.

Metallic Minerals Total Current Assets Historical Data

The historical data trend for Metallic 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.

* Premium members only.

Metallic Minerals Total Current Assets Chart

Metallic Minerals Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Total Current Assets

Get a 7-Day Free Trial

1.04

0.76

0.99

3.43

3.73

Metallic Minerals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial															1.67	-	0.79	2.76	1.38

Metallic 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.

Metallic Minerals's Total Current Assets for the fiscal year that ended in Jul. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.474	+	0.118	+	0	+	0.138
	=	3.73

Metallic Minerals'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
	=	0.756	+	0.569	+	0	+	0.059
	=	1.38

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.

Metallic Minerals (FRA:9MM1) 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.

Metallic Minerals'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)
=	0.756	-	0.085	+	0.75 * 0	+	0.5 * 0
=	0.67

Metallic Minerals Total Current Assets Related Terms

Thank you for viewing the detailed overview of Metallic Minerals's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Metallic Minerals (FRA:9MM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metallic Minerals Corp (FRA:9MM1) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

MMNGF:USA MMG:Canada

Address

409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C 1T2

Website

https://www.metallic-minerals.com

Metallic Minerals Corp is an exploration company focused on the acquisition and development of high-grade silver and gold projects. It seeks to create value through a disciplined, systematic approach to exploration, reducing investment risk and maximizing the probability of long-term success. Metallic's core Keno Silver Project is located in the historic Keno Hill Silver District of Canada's Yukon Territory, a region that has produced over 200 million ounces of silver. The company's La Plata silver-gold-copper project is located in the high-grade La Plata district of the prolific Colorado Mineral Belt and its McKay Hill project northeast of Keno Hill is a high-grade historic silver-gold producer. The company is building a portfolio of gold royalties in the historic Klondike Gold District.

Metallic Minerals (FRA:9MM1) Headlines

No Headlines