SSVFF (Southern Silver Exploration) Total Current Assets : $0.87 Mil (As of Jan. 2025)

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What is Southern Silver Exploration Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Southern Silver Exploration's total current assets for the quarter that ended in Jan. 2025 was $0.87 Mil.

Southern Silver Exploration Total Current Assets Historical Data

The historical data trend for Southern Silver Exploration'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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Southern Silver Exploration Total Current Assets Chart

Southern Silver Exploration Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Current Assets

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2.68

6.26

9.18

3.59

0.62

Southern Silver Exploration Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Current Assets	Get a 7-Day Free Trial															1.42	0.62	2.26	1.93	0.87

Southern Silver Exploration 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.

Southern Silver Exploration's Total Current Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.534	+	0.016	+	0	+	0.067
	=	0.62

Southern Silver Exploration's Total Current Assets for the quarter that ended in Jan. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.709	+	0.058	+	0	+	0.1
	=	0.87

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.

Southern Silver Exploration (OTCPK:SSVFF) 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.

Southern Silver Exploration's Liquidation Value for the quarter that ended in Jan. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.709	-	0.29	+	0.75 * 0	+	0.5 * 0
=	0.42

Southern Silver Exploration Total Current Assets Related Terms

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Southern Silver Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Silver Exploration Corp (OTCPK:SSVFF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

SEG1:Germany SEG1:Germany SSV:Canada

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.southernsilverexploration.com

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas, El Sol, Hermanas, and Oro. It has a single operating segment acquisition and exploration of mineral properties.