SICNF (Sokoman Minerals) Total Current Assets : $1.53 Mil (As of Dec. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Sokoman Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sokoman Minerals's total current assets for the quarter that ended in Dec. 2024 was $1.53 Mil.

Sokoman Minerals Total Current Assets Historical Data

The historical data trend for Sokoman 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.

Sokoman Minerals Total Current Assets Chart

Sokoman Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Current Assets

Get a 7-Day Free Trial

2.11

13.03

8.72

4.09

2.32

Sokoman Minerals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															3.82	2.98	2.32	1.55	1.53

Sokoman 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.

Sokoman Minerals's Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.213	+	0.069	+	0	+	0.033
	=	2.32

Sokoman Minerals's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.367	+	0.117	+	0	+	0.042
	=	1.53

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.

Sokoman Minerals (OTCPK:SICNF) 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.

Sokoman Minerals's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.367	-	0.157	+	0.75 * 0.001	+	0.5 * 0
=	1.21

Sokoman Minerals Total Current Assets Related Terms

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

Sokoman Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sokoman Minerals Corp (OTCPK:SICNF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

3PJ1:Germany SIC:Canada

Address

82 Richmond Street East, 1st Floor, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1

Website

https://www.sokomanmineralscorp.com

Sokoman Minerals Corp is a discovery-oriented company and the landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's focus is its portfolio of gold projects; it owns its flagship, Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. Its other projects are Grey River Gold, Killick Lithium Project, Kepenkeck Gold, Crippleback Lake Gold, East Alder Gold, Startrek Project, and Iron Horse Project.