Power Nickel (STU:IVV) Total Current Assets : €1.11 Mil (As of Mar. 2024)

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What is Power Nickel Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Power Nickel's total current assets for the quarter that ended in Mar. 2024 was €1.11 Mil.

Power Nickel Total Current Assets Historical Data

The historical data trend for Power Nickel'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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Power Nickel Total Current Assets Chart

Power Nickel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.06

0.31

0.96

1.36

2.55

Power Nickel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															1.36	1.59	0.68	2.55	1.11

Power Nickel 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.

Power Nickel's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.148	+	2.196	+	0	+	0.204
	=	2.55

Power Nickel's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.5	+	0.529	+	0	+	0.082
	=	1.11

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.

Power Nickel (STU:IVV) 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.

Power Nickel's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.5	-	4.313	+	0.75 * 0.529	+	0.5 * 0
=	-3.42

Power Nickel Total Current Assets Related Terms

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Power Nickel (STU:IVV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Power Nickel Inc (STU:IVV) » Definitions » Total Current Assets

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PNPNF:USA PNPN:Canada

Address

82 Richmond Street East, Suite 202, Toronto, ON, CAN, M5C 1P1

Website

https://www.chileanmetals.com

Power Nickel Inc, operates as a resource exploration company. It is engaged in the business of acquiring and exploring mineral properties in Chile and Canada. Its projects include Tierra de Oro, Zulema and Lynn, Parrsboro, and Bass River Properties, among others. It operates in one industry segment, namely the exploration of mineral resources in two geographic regions, Canada and Chile.