Cornish Metals (TSXV:CUSN) Total Current Assets : C$16.30 Mil (As of Dec. 2024)

View and export this data going back to 1982. Start your Free Trial

What is Cornish Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Cornish Metals's total current assets for the quarter that ended in Dec. 2024 was C$16.30 Mil.

Cornish Metals Total Current Assets Historical Data

The historical data trend for Cornish 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.

* Premium members only.

Cornish Metals Total Current Assets Chart

Cornish Metals Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Dec24

Total Current Assets

Get a 7-Day Free Trial

1.93

2.26

8.84

59.24

16.30

Cornish Metals Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															35.54	21.82	10.71	9.69	16.30

Cornish 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.

Cornish Metals's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	12.464	+	2.697	+	0	+	1.143
	=	16.30

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	12.464	+	2.697	+	0	+	1.143
	=	16.30

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.

Cornish Metals (TSXV:CUSN) 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.

Cornish Metals's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12.464	-	27.522	+	0.75 * 0	+	0.5 * 0
=	-15.06

Cornish Metals Total Current Assets Related Terms

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

Cornish Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cornish Metals Inc (TSXV:CUSN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

SBWFF:USA CUSN:UK ZYR1:Germany

Address

1056 - 409 Granville Street, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cornishmetals.com

Cornish Metals Inc is engaged in the exploration and development of its mineral properties in Cornwall, United Kingdom. Its flagship mineral property is the past producing South Crofty underground tin mine which is being re-opened through a final investment decision. The Cornwall Mineral Properties are one of the highest-grade tin resources globally, with the potential to become a new, low-cost producer for the world. The company also holds other mineral rights in Cornwall with potential for the discovery of tin, copper, lithium, tungsten, zinc, and silver mineralisation.

Executives

Anthony John Trahar	Director
Osisko Development Corp.	10% Security Holder
John Feliks Burzynski	Director or Senior Officer of 10% Security Holder
Richard David Williams	Director
Donald Robert Njegovan	Director
Patrick Fergus Neill Anderson	Director

Cornish Metals Headlines

No Headlines