RIINF (Canadian Critical Minerals) Total Current Assets : $1.67 Mil (As of Nov. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Canadian Critical Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Canadian Critical Minerals's total current assets for the quarter that ended in Nov. 2024 was $1.67 Mil.

Canadian Critical Minerals Total Current Assets Historical Data

The historical data trend for Canadian Critical Minerals'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.

* Premium members only.

Canadian Critical Minerals Total Current Assets Chart

Canadian Critical Minerals Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Total Current Assets

Get a 7-Day Free Trial

0.35

1.39

0.30

0.73

0.63

Canadian Critical Minerals 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															0.30	0.59	0.63	0.71	1.67

Canadian Critical Minerals 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.

Canadian Critical Minerals's Total Current Assets for the fiscal year that ended in May. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.082	+	0.106	+	0.367	+	0.076
	=	0.63

Canadian Critical Minerals'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
	=	0.359	+	0.211	+	1.009	+	0.088
	=	1.67

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.

Canadian Critical Minerals (OTCPK:RIINF) 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.

Canadian Critical Minerals'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)
=	0.359	-	3.659	+	0.75 * 0.2	+	0.5 * 1.009
=	-2.65

Canadian Critical Minerals Total Current Assets Related Terms

Thank you for viewing the detailed overview of Canadian Critical Minerals's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Critical Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canadian Critical Minerals Inc (OTCPK:RIINF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N6K:Germany CCMI:Canada

Address

16th Street NW, Suite 2520, Calgary, AB, CAN, T2M 3R2

Website

https://www.canadiancriticalmineralsinc.com

Canadian Critical Minerals Inc is a mining company focused on two near-term copper production assets in Canada. The company's main asset is the 100% owned Bull River Mine project near Cranbrook, British Columbia which has a mineral resource containing copper, gold, and silver. The group's 100% owned Thierry Mine project has a mineral resource containing copper, nickel, palladium, platinum, gold, and silver.

Canadian Critical Minerals Headlines

From GuruFocus

Braveheart Resources Appoints Ian Berzins as Chief Executive Officer and Doug Porter as Chief Financial Officer

By GlobeNewswire GlobeNewswire • 05-03-2018