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Coppernico Metals (TSX:COPR) Total Current Assets : C$14.82 Mil (As of Sep. 2024)


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What is Coppernico Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Coppernico Metals's total current assets for the quarter that ended in Sep. 2024 was C$14.82 Mil.

Coppernico Metals Total Current Assets Historical Data

The historical data trend for Coppernico Metals'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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Coppernico Metals Total Current Assets Chart

Coppernico Metals Annual Data
Trend
Total Current Assets

Coppernico Metals Quarterly Data
Sep23 Sep24
Total Current Assets - 14.82

Coppernico Metals 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.

Coppernico Metals's Total Current Assets for the fiscal year that ended in . 20 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=+++
=0.00

Coppernico Metals's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=14.123+0.042+0+0.654
=14.82

* 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.

Coppernico Metals  (TSX:COPR) 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.

Coppernico Metals's Liquidation Value for the quarter that ended in Sep. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=14.123-1.833+0.75 * 0.042+0.5 * 0
=12.32

* 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.

Coppernico Metals Total Current Assets Related Terms

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Coppernico Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Coppernico Metals Inc (TSX:COPR) » Definitions » Total Current Assets
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Traded in Other Exchanges
CPPMF:USA 9I3:Germany
Address
1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3
Website
https://www.coppernicometals.com
Coppernico Metals Inc is an mineral exploration company focused on creating value for shareholders and stakeholders through the exploration and discovery of world-class copper-gold deposits in South America. The Company's primary asset is the Sombrero copper-gold district located in southern Peru.