Sun Summit Minerals (Sun Summit Minerals) Total Current Assets : $0.30 Mil (As of Feb. 2024)

Sun Summit Minerals Total Current Assets Chart

Sun Summit Minerals Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Total Current Assets		Get a 7-Day Free Trial					0.37	2.44	2.16	1.78	0.82

Sun Summit Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Current Assets	Get a 7-Day Free Trial															1.34	2.50	1.62	0.82	0.30

Sun Summit 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.

Sun Summit Minerals's Total Current Assets for the fiscal year that ended in Nov. 2023 is calculated as

Sun Summit Minerals's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

* 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.

Sun Summit Minerals  (OTCPK:SMREF) 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.

Sun Summit Minerals's Liquidation Value for the quarter that ended in Feb. 2024 is

* 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.

Sun Summit Minerals Total Current Assets Related Terms

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Sun Summit Minerals (Sun Summit Minerals) Business Description