Canasil Resources (TSXV:CLZ.H) Total Current Assets : C$0.03 Mil (As of Jun. 2023)

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What is Canasil Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Canasil Resources's total current assets for the quarter that ended in Jun. 2023 was C$0.03 Mil.

Canasil Resources Total Current Assets Historical Data

The historical data trend for Canasil 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.

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Canasil Resources Total Current Assets Chart

Canasil Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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0.24

0.87

1.04

0.49

0.10

Canasil Resources Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Current Assets	Get a 7-Day Free Trial															0.10	0.06	0.10	0.03	0.03

Canasil 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.

Canasil Resources's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.054	+	0.026	+	0	+	0.02
	=	0.10

Canasil Resources's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.017	+	0.009	+	0	+	0.004
	=	0.03

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.

Canasil Resources (TSXV:CLZ.H) 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.

Canasil Resources's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.017	-	0.573	+	0.75 * 0.009	+	0.5 * 0
=	-0.55

Canasil Resources Total Current Assets Related Terms

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Canasil Resources (TSXV:CLZ.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canasil Resources Inc (TSXV:CLZ.H) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

CNSUF:USA 3CC:Germany

Address

750 West Pender Street, Suite 1760, Vancouver, BC, CAN, V6C 2T8

Website

https://www.canasil.com

Canasil Resources Inc is a mining and mineral exploration company. It has a portfolio of precious and base metal exploration projects. The Company currently operates in only one operating segment, that being the mineral exploration industry. The company operates in the geographical areas of Canada and Mexico. It holds mineral interests in the La Esperanza project, Salamandra project, Nora project and others.

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