Alta Copper (LIM:ATCU) Total Current Assets : $0.71 Mil (As of Jun. 2024)

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What is Alta Copper Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Alta Copper's total current assets for the quarter that ended in Jun. 2024 was $0.71 Mil.

Alta Copper Total Current Assets Historical Data

The historical data trend for Alta Copper'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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Alta Copper Total Current Assets Chart

Alta Copper Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.11

0.52

0.20

0.43

2.58

Alta Copper Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial															0.81	0.40	2.58	1.85	0.71

Alta Copper 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.

Alta Copper's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.416	+	0	+	0	+	0.161
	=	2.58

Alta Copper's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.646	+	0	+	0	+	0.067
	=	0.71

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.

Alta Copper (LIM:ATCU) 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.

Alta Copper's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.646	-	0.391	+	0.75 * 0	+	0.5 * 0
=	0.26

Alta Copper Total Current Assets Related Terms

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Alta Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alta Copper Corp (LIM:ATCU) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

8BF:Germany 8BF:Germany ATCU:Canada

Address

1112 West Pender Street, Suite 801, Vancouver, BC, CAN, V6E 2S1

Website

https://www.altacopper.com

Alta Copper Corp is a Canada-based company, engaged in the acquisition, exploration, and development of mineral properties in Peru. The business operations of the company function in Peru and Canada. Its principal property is the Canariaco Copper Project in the District of Lambayeque. The Company is currently focused on the copper sector in Peru and it considers its Canariaco Copper Property in Peru to be its material mineral property at this time.

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