GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Central Iron Ore Ltd (TSXV:CIO) » Definitions » Total Current Assets

Central Iron Ore (TSXV:CIO) Total Current Assets : C$0.22 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Central Iron Ore Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Central Iron Ore's total current assets for the quarter that ended in Mar. 2024 was C$0.22 Mil.


Central Iron Ore Total Current Assets Historical Data

The historical data trend for Central Iron Ore'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.

Central Iron Ore Total Current Assets Chart

Central Iron Ore Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 0.30 0.46 0.24 0.28

Central Iron Ore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.17 0.28 0.21 0.31 0.22

Central Iron Ore 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.

Central Iron Ore's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Central Iron Ore's Total Current Assets for the quarter that ended in Mar. 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.


Central Iron Ore  (TSXV:CIO) 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.

Central Iron Ore'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)
=0.13-2.583+0.75 * 0.084+0.5 * 0
=-2.39

* 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.


Central Iron Ore Total Current Assets Related Terms

Thank you for viewing the detailed overview of Central Iron Ore's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Central Iron Ore (TSXV:CIO) Business Description

Traded in Other Exchanges
N/A
Address
49-51 York Street, Level 2, Suite 1, Sydney, NSW, AUS, 2000
Central Iron Ore Ltd is a junior mineral exploration and development company. The firm engages in the exploration and development of gold in Australia. It holds interests in Red 5 Joint Venture, British King Gold Mine, Barrick JV Project, and South Darlot Gold Project. The company generates maximum revenue from Australia.
Executives
Rainidays Pty Ltd Director