Cupani Metals (XCNQ:CUPA) Total Current Assets : C$2.78 Mil (As of Sep. 2024)

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What is Cupani Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Cupani Metals's total current assets for the quarter that ended in Sep. 2024 was C$2.78 Mil.

Cupani Metals Total Current Assets Historical Data

The historical data trend for Cupani Metals'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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Cupani Metals Total Current Assets Chart

Cupani Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.75

0.20

0.56

2.30

1.56

Cupani Metals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Total Current Assets	Get a 7-Day Free Trial															2.08	1.75	1.56	1.45	2.78

Cupani Metals 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.

Cupani Metals'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
	=	1.47	+	0.066	+	0	+	0.028
	=	1.56

Cupani Metals'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
	=	2.547	+	0.043	+	0	+	0.191
	=	2.78

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.

Cupani Metals (XCNQ:CUPA) 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.

Cupani Metals'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)
=	2.547	-	1.415	+	0.75 * 0.043	+	0.5 * 0
=	1.16

Cupani Metals Total Current Assets Related Terms

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Cupani Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cupani Metals Corp (XCNQ:CUPA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ICPLF:USA

Address

7934 Government Road, Burnaby, BC, CAN, V5A 2E2

Website

https://www.capitalight.co

Cupani Metals Corp Formerly IC Capitalight Corp is a Canada-based merchant bank engaged in the business of pursuing value-based investment opportunities. It is focused on providing shareholders with long-term capital growth by investing in a portfolio of undervalued companies, assets, or investment vehicles within the mineral resource and other sectors. It has three operating segments, consisting of the Research business; Mineral exploration properties; and Securities investments. It generates the majority of its revenue from the Research business segment.

Executives

Brian Gerald Bosse	Director, Senior Officer
Douglas Richard Macquarrie	10% Security Holder, Director
Elliot Benjamin Richard Beutel	Director

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