Global Li-Ion Graphite (XCNQ:LION) Total Current Assets : C$0.08 Mil (As of Nov. 2024)

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What is Global Li-Ion Graphite Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Global Li-Ion Graphite's total current assets for the quarter that ended in Nov. 2024 was C$0.08 Mil.

Global Li-Ion Graphite Total Current Assets Historical Data

The historical data trend for Global Li-Ion Graphite'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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Global Li-Ion Graphite Total Current Assets Chart

Global Li-Ion Graphite Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Total Current Assets

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0.29

0.35

0.13

0.14

0.09

Global Li-Ion Graphite Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Total Current Assets	Get a 7-Day Free Trial															0.15	0.16	0.16	0.09	0.08

Global Li-Ion Graphite 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.

Global Li-Ion Graphite's Total Current Assets for the fiscal year that ended in Aug. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.012	+	0.034	+	0	+	0.039
	=	0.09

Global Li-Ion Graphite's Total Current Assets for the quarter that ended in Nov. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.01	+	0.037	+	0	+	0.035
	=	0.08

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.

Global Li-Ion Graphite (XCNQ:LION) 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.

Global Li-Ion Graphite's Liquidation Value for the quarter that ended in Nov. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.01	-	0.867	+	0.75 * 0.001	+	0.5 * 0
=	-0.86

Global Li-Ion Graphite Total Current Assets Related Terms

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Global Li-Ion Graphite Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Li-Ion Graphite Corp (XCNQ:LION) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

GBBGF:USA 0TD:Germany

Address

510 Burrard Street, Suite 908, Vancouver, BC, CAN, V6C 3A8

Website

https://www.globalli-iongraphite.com

Global Li-Ion Graphite Corp is engaged in the acquisition, exploration, and development of mineral resources. It mainly focuses on the development of graphite projects with an intent to supply the rapidly growing energy storage industry. Some of the company's projects are Lac de Gras, Neuron Graphite, and Madagascar Graphite. Geographically, it operates in Canada and Madagascar, out of which the majority of revenue is from Canada.

Executives