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Altai Resources (TSXV:ATI) Total Current Assets : C$4.05 Mil (As of Sep. 2024)


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What is Altai Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Altai Resources's total current assets for the quarter that ended in Sep. 2024 was C$4.05 Mil.


Altai Resources Total Current Assets Historical Data

The historical data trend for Altai Resources'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.

Altai Resources Total Current Assets Chart

Altai Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 3.49 4.07 3.70 3.75

Altai Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.49 3.75 3.79 3.69 4.05

Altai Resources 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.

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

Altai Resources's Total Current Assets for the quarter that ended in Sep. 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.


Altai Resources  (TSXV:ATI) 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.

Altai Resources'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)
=4.03-0.408+0.75 * 0.02+0.5 * 0
=3.64

* 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.


Altai Resources Total Current Assets Related Terms

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Altai Resources Business Description

Traded in Other Exchanges
Address
895 Don Mills Road, Suite 900, Two Morneau Shepell Centre, Toronto, ON, CAN, M3C 1W3
Altai Resources Inc is a Canadian based resource company, with a diversified portfolio of natural gas, oil and gold properties in Canada. It is engaged in the exploration and development of mineral properties. The company's properties portfolio includes Sorel-Trois Riviere's natural gas property, Cessford oil field, and Malartic gold project.
Executives
Maria Pui-ching Au Senior Officer