Beyond Lithium (XCNQ:BY) Total Current Assets : C$0.46 Mil (As of Mar. 2024)

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What is Beyond Lithium Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Beyond Lithium's total current assets for the quarter that ended in Mar. 2024 was C$0.46 Mil.

Beyond Lithium Total Current Assets Historical Data

The historical data trend for Beyond Lithium'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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Beyond Lithium Total Current Assets Chart

Beyond Lithium Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

0.01

0.52

0.40

0.43

Beyond Lithium Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial								0.40	1.04	0.45	0.43	0.46

Beyond 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.

Beyond Lithium'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
	=	0.076	+	0.072	+	0	+	0.281
	=	0.43

Beyond Lithium's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.139	+	0.024	+	0	+	0.292
	=	0.46

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.

Beyond Lithium (XCNQ:BY) 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.

Beyond Lithium'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)
=	0.139	-	0.23	+	0.75 * 0	+	0.5 * 0
=	-0.09

Beyond Lithium Total Current Assets Related Terms

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Beyond Lithium (XCNQ:BY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Beyond Lithium Inc (XCNQ:BY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

BYDMF:USA

Address

360 Main Street, 30th Floor, Winnipeg, MB, CAN, R3C 4G1

Website

https://www.beyondminerals.ca

Beyond Lithium Inc is a lithium exploration company based in Ontario. The company is mainly engaged in acquiring and exploring mineral properties. Its project portfolio includes Peggy Group Lithium Property, North Trout Lake, and New Ontario Lithium Properties.

Executives

Lawrence Tsang

Senior Officer