First Nordic Metals (OSTO:FNMC SDB) Total Current Assets : kr61.82 Mil (As of Mar. 2025)

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What is First Nordic Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. First Nordic Metals's total current assets for the quarter that ended in Mar. 2025 was kr61.82 Mil.

First Nordic Metals Total Current Assets Historical Data

The historical data trend for First Nordic Metals'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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First Nordic Metals Total Current Assets Chart

First Nordic Metals Annual Data

Trend

Apr15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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1.56

2.81

10.16

3.85

85.59

First Nordic Metals Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Total Current Assets	Get a 7-Day Free Trial															6.58	6.63	17.84	85.59	61.82

First Nordic Metals 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.

First Nordic Metals's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	73.781	+	2.352	+	0	+	9.46
	=	85.59

First Nordic Metals's Total Current Assets for the quarter that ended in Mar. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	48.652	+	3.028	+	0	+	10.136
	=	61.82

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.

First Nordic Metals (OSTO:FNMC SDB) 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.

First Nordic Metals's Liquidation Value for the quarter that ended in Mar. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	48.652	-	18.203	+	0.75 * 3.028	+	0.5 * 0
=	32.72

First Nordic Metals Total Current Assets Related Terms

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First Nordic Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Nordic Metals Corp (OSTO:FNMC SDB) » Definitions » Total Current Assets

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Traded in Other Exchanges

FNMCF:USA HEG0:Germany FNM:Canada

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.firstnordicmetals.com

First Nordic Metals Corp is a Canadian-based gold exploration company, consolidating assets in Sweden and Finland. The company's flagship asset is the Barsele gold project in northern Sweden. Immediately surrounding the Barsele project, First Nordic is 100%-owner of a district-scale license position comprised of two additional project areas (Paubacken, Storjuktan), which combined with the Barsele project, total ~100 km of strike coverage of the Gold Line greenstone belt. Additionally, in northern Finland, the company is the 100%-owner of a district-scale position covering the entire underexplored Oijarvi greenstone belt, including the Kylmakangas deposit, the gold occurrence on this belt.

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