LXENF (Lithium Energi Exploration) Total Current Assets: $2.42 Mil (As of Nov. 2024)


What is Lithium Energi Exploration Total Current Assets?

Lithium Energi Exploration LXENF Total Current Assets is $2.42 Mil as of Nov. 2024.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lithium Energi Exploration's total current assets for the quarter that ended in Nov. 2024 was $2.42 Mil.

Lithium Energi Exploration  (OTCPK:LXENF) 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.

Lithium Energi Exploration's Liquidation Value for the quarter that ended in Nov. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.338-5.364+0.75 * 0+0.5 * 0
=-3.03

* 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.

Lithium Energi Exploration Total Current Assets Related Terms

Lithium Energi Exploration Total Current Assets Historical Data

* Premium members only.

The historical data trend for Lithium Energi Exploration'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.

Lithium Energi Exploration Total Current Assets Chart

Lithium Energi Exploration Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.08 0.45 0.23 0.89

Lithium Energi Exploration Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.03 0.89 0.37 0.66 2.42

Lithium Energi Exploration 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.

Lithium Energi Exploration'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
=0.77+0.106+0+0.015
=0.89

Lithium Energi Exploration's Total Current Assets for the quarter that ended in Nov. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.338+0.076+0+0.0069999999999997
=2.42

* 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 $2.42 Mil mean?
Lithium Energi Exploration (LXENF) has a Total Current Assets of $2.42 Mil as of Nov. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Lithium Energi Exploration and its competitors.
Is Lithium Energi Exploration's Total Current Assets too high?
Lithium Energi Exploration's current Total Current Assets is $2.42 Mil.
How does Lithium Energi Exploration's Total Current Assets compare to WOLV?
Lithium Energi Exploration's Total Current Assets of $2.42 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 Lithium Energi Exploration and its competitors. Lithium Energi Exploration's current Total Current Assets is $2.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithium Energi Exploration stock overvalued right now?
Lithium Energi Exploration (LXENF) has a current Total Current Assets of $2.42 Mil. The current Total Current Assets is $2.42 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 Lithium Energi Exploration (LXENF), the current Total Current Assets is $2.42 Mil as of Nov. 2024. 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.

Lithium Energi Exploration Business Description

Address 161 Bay Street, 27th Floor, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Lithium Energi Exploration Inc is a Canada-based exploration company. It is engaged in the acquisition, exploration, identification, and evaluation of assets in the lithium industry. The company mainly focuses on its portfolio of lithium properties. It holds an interest in the Laguna Caro Project, Antofalla North Project, and Antofalla South Project.