Carson River Ventures (XCNQ:CRIV) Total Current Assets : C$0.77 Mil (As of Dec. 2023)

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What is Carson River Ventures Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Carson River Ventures's total current assets for the quarter that ended in Dec. 2023 was C$0.77 Mil.

Carson River Ventures Total Current Assets Historical Data

The historical data trend for Carson River Ventures'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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Carson River Ventures Total Current Assets Chart

Carson River Ventures Annual Data

Trend

Sep21

Sep22

Sep23

Total Current Assets

0.43

0.67

0.84

Carson River Ventures Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial							0.41	0.30	0.30	0.84	0.77

Carson River Ventures 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.

Carson River Ventures's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.835	+	0.003	+	0	+	0
	=	0.84

Carson River Ventures's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.36	+	0.408	+	0	+	0
	=	0.77

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.

Carson River Ventures (XCNQ:CRIV) 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.

Carson River Ventures's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.36	-	0.043	+	0.75 * 0.006	+	0.5 * 0
=	0.32

Carson River Ventures Total Current Assets Related Terms

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Carson River Ventures (XCNQ:CRIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Carson River Ventures Corp (XCNQ:CRIV) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4

Website

Carson River Ventures Corp is a mineral exploration company focused on the acquisition and development of economic precious and base metals properties. The company's principal project is the Chucker Property located in Mineral County, Nevada.

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