Canter Resources (XCNQ:CRC) Total Current Assets : C$1.27 Mil (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Canter Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Canter Resources's total current assets for the quarter that ended in Sep. 2024 was C$1.27 Mil.

Canter Resources Total Current Assets Historical Data

The historical data trend for Canter Resources'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.

Canter Resources Total Current Assets Chart

Canter Resources Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Total Current Assets

0.21

0.23

0.02

2.03

Canter Resources Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial											1.24	3.94	3.08	2.03	1.27

Canter Resources 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.

Canter Resources's Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.961	+	0.013	+	0	+	0.054
	=	2.03

Canter Resources's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.189	+	0.024	+	0	+	0.054
	=	1.27

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.

Canter Resources (XCNQ:CRC) 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.

Canter Resources's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.189	-	0.187	+	0.75 * 0.024	+	0.5 * 0
=	1.02

Canter Resources Total Current Assets Related Terms

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

Canter Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canter Resources Corp (XCNQ:CRC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

CNRCF:USA 6O1:Germany

Address

400-1681 Chestnut Street, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.canterresources.com

Canter Resources Corp's principal includes the exploration and development of base and precious mineral resources in British Columbia. The company's project includes the Columbus lithium-boron project. Puzzle Lake Gold Project, Santoy-Seabee mine complex in Saskatchewan, Canada and the Beaver Creek Property.

Executives