QZMRF (Quartz Mountain Resources) Total Current Assets: $2.69 Mil (As of Jan. 2026)

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QZMRF Quartz Mountain Resources Ltd QZMRF
33 GF Score
Price $0.30
! 1 Warning Sign
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What is Quartz Mountain Resources Total Current Assets?

Quartz Mountain Resources QZMRF +4.12% 33 Total Current Assets is $2.69 Mil as of Jan. 2026. GuruFocus rates QZMRF with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Quartz Mountain Resources's total current assets for the quarter that ended in Jan. 2026 was $2.69 Mil.

Quartz Mountain Resources  (OTCPK:QZMRF) 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.

Quartz Mountain Resources's Liquidation Value for the quarter that ended in Jan. 2026 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.624-0.123+0.75 * 0+0.5 * 0
=2.50

* 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.

Quartz Mountain Resources Total Current Assets Related Terms

Quartz Mountain Resources Total Current Assets Historical Data

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The historical data trend for Quartz Mountain Resources'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.

Quartz Mountain Resources Total Current Assets Chart

Quartz Mountain Resources Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.26 0.09 1.47 2.31

Quartz Mountain Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.94 3.06 2.31 1.93 2.69
QZMRF
33GF Score
Quartz Mountain Resources Ltd QZMRF
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Quartz Mountain Resources 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.

Quartz Mountain Resources's Total Current Assets for the fiscal year that ended in Jul. 2025 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.247+0.035+0+0.028
=2.31

Quartz Mountain Resources's Total Current Assets for the quarter that ended in Jan. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.624+0.009+0+0.055
=2.69

* 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 $2.69 Mil mean?
Quartz Mountain Resources (QZMRF) has a Total Current Assets of $2.69 Mil as of Jan. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Quartz Mountain Resources and its competitors.
Is Quartz Mountain Resources' Total Current Assets too high?
Quartz Mountain Resources' current Total Current Assets is $2.69 Mil. Overall, Quartz Mountain Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Quartz Mountain Resources' Total Current Assets compare to competitors?
Quartz Mountain Resources' Total Current Assets of $2.69 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 Quartz Mountain Resources and its competitors. Quartz Mountain Resources's current Total Current Assets is $2.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quartz Mountain Resources stock overvalued right now?
Quartz Mountain Resources (QZMRF) has a current Total Current Assets of $2.69 Mil. The current Total Current Assets is $2.69 Mil. Quartz Mountain Resources' overall GF Score™ is 33/100 with 1 warning sign to review. 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 Quartz Mountain Resources (QZMRF), the current Total Current Assets is $2.69 Mil as of Jan. 2026. 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.

Quartz Mountain Resources Business Description

Other Exchanges QZM:Canada
Address 1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Quartz Mountain Resources Ltd is in the business of exploring and developing mineral properties in Canada. It is focused on acquiring, exploring, developing, and transacting important scale gold, silver, and copper deposits in British Columbia. The projects that the company holds an interest in are the Maestro project and the Jake project. All the company's assets are located in Canada.
33GF Score

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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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