Noram Lithium (TSXV:NRM) Total Current Assets : C$6.67 Mil (As of Oct. 2023)

Noram Lithium Total Current Assets Chart

Noram Lithium Annual Data
	Trend	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23
Total Current Assets		Get a 7-Day Free Trial					0.35	0.05	1.70	1.75	13.21

Noram Lithium Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Total Current Assets	Get a 7-Day Free Trial															15.29	13.21	12.10	9.32	6.67

Noram Lithium 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.

Noram Lithium's Total Current Assets for the fiscal year that ended in Jan. 2023 is calculated as

Noram Lithium's Total Current Assets for the quarter that ended in Oct. 2023 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.

Noram Lithium  (TSXV:NRM) 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.

Noram Lithium's Liquidation Value for the quarter that ended in Oct. 2023 is

* 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.

Noram Lithium Total Current Assets Related Terms

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Noram Lithium (TSXV:NRM) Business Description