CMP Mining (XCNQ:CMP) Total Current Assets : C$0.05 Mil (As of Feb. 2025)

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What is CMP Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. CMP Mining's total current assets for the quarter that ended in Feb. 2025 was C$0.05 Mil.

CMP Mining Total Current Assets Historical Data

The historical data trend for CMP Mining'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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CMP Mining Total Current Assets Chart

CMP Mining Annual Data

Trend

May22

May23

May24

Total Current Assets

0.59

0.20

0.11

CMP Mining Quarterly Data
	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Total Current Assets	Get a 7-Day Free Trial									0.13	0.11	0.09	0.06	0.05

CMP Mining 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.

CMP Mining's Total Current Assets for the fiscal year that ended in May. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.103	+	0.004	+	0	+	0
	=	0.11

CMP Mining's Total Current Assets for the quarter that ended in Feb. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.05	+	0.003	+	0	+	0.00099999999999999
	=	0.05

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.

CMP Mining (XCNQ:CMP) 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.

CMP Mining's Liquidation Value for the quarter that ended in Feb. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.05	-	0.132	+	0.75 * 0	+	0.5 * 0
=	-0.08

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CMP Mining Business Description

Industry

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

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Traded in Other Exchanges

N/A

Address

200 Granville Street, Suite 2820, Vancouver, BC, CAN, V6C 1S4

Website

CMP Mining Inc engages in the acquisition and exploration of mineral resource properties. The company's operating segments are its exploration and evaluation assets and expenditures which are incurred in Canada.