MLYCF (Multi-Metal Development) Total Current Assets: $0.26 Mil (As of Mar. 2023)


What is Multi-Metal Development Total Current Assets?

Multi-Metal Development MLYCF Total Current Assets is $0.26 Mil as of Mar. 2023.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Multi-Metal Development's total current assets for the quarter that ended in Mar. 2023 was $0.26 Mil.

Multi-Metal Development  (OTCPK:MLYCF) 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.

Multi-Metal Development's Liquidation Value for the quarter that ended in Mar. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.243-9.635+0.75 * 0+0.5 * 0
=-9.39

* 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.

Multi-Metal Development Total Current Assets Related Terms

Multi-Metal Development Total Current Assets Historical Data

* Premium members only.

The historical data trend for Multi-Metal Development'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.

Multi-Metal Development Total Current Assets Chart

Multi-Metal Development Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.14 0.07 0.20 0.48

Multi-Metal Development Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.47 0.48 0.79 0.81 0.26

Multi-Metal Development 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.

Multi-Metal Development's Total Current Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.179+0.009+0+0.292
=0.48

Multi-Metal Development's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.243+0.007+0+0.008
=0.26

* 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 $0.26 Mil mean?
Multi-Metal Development (MLYCF) has a Total Current Assets of $0.26 Mil as of Mar. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Multi-Metal Development and its competitors.
Is Multi-Metal Development's Total Current Assets too high?
Multi-Metal Development's current Total Current Assets is $0.26 Mil.
How does Multi-Metal Development's Total Current Assets compare to SVBL and LBRMF?
Multi-Metal Development's Total Current Assets of $0.26 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 Multi-Metal Development and its competitors. Multi-Metal Development's current Total Current Assets is $0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi-Metal Development stock overvalued right now?
Multi-Metal Development (MLYCF) has a current Total Current Assets of $0.26 Mil. The current Total Current Assets is $0.26 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 Multi-Metal Development (MLYCF), the current Total Current Assets is $0.26 Mil as of Mar. 2023. 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.

Multi-Metal Development Business Description

Address 638 Millbank, Vancouver, BC, CAN, V5Z 4B7
Multi-Metal Development Ltd is a Canadian-based mining company. It is advancing two projects the CuMo Project in Idaho and its newly-acquired Bleiberg Project in Austria.