Almadex Minerals (TSXV:DEX) Total Current Assets : C$15.92 Mil (As of Jun. 2024)

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What is Almadex Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Almadex Minerals's total current assets for the quarter that ended in Jun. 2024 was C$15.92 Mil.

Almadex Minerals Total Current Assets Historical Data

The historical data trend for Almadex Minerals'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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Almadex Minerals Total Current Assets Chart

Almadex Minerals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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6.29

7.07

19.80

20.14

17.48

Almadex Minerals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial															18.47	18.39	17.48	16.64	15.92

Almadex Minerals 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	17.32	+	0.121	+	0	+	0.035
	=	17.48

Almadex Minerals's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	15.779	+	0.06	+	0	+	0.08
	=	15.92

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.

Almadex Minerals (TSXV:DEX) 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.

Almadex Minerals's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	15.779	-	0.338	+	0.75 * 0.06	+	0.5 * 0
=	15.49

Almadex Minerals Total Current Assets Related Terms

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Almadex Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almadex Minerals Ltd (TSXV:DEX) » Definitions » Total Current Assets

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Traded in Other Exchanges

AAMMF:USA

Address

1333 Johnston Street, Suite 210, Vancouver, BC, CAN, V6H 3R9

Website

http://www.almadexminerals.com

Almadex Minerals Ltd is an exploration company specializing in the discovery of new mineral prospects. The company's projects are located in Mexico, Canada and the United States. It has one reportable operating segment being, the acquisition and exploration of mineral resource properties in Canada, the United States, and Mexico.