Pan American Energy (XCNQ:PNRG) Total Current Assets : C$1.33 Mil (As of Sep. 2024)

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What is Pan American Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Pan American Energy's total current assets for the quarter that ended in Sep. 2024 was C$1.33 Mil.

Pan American Energy Total Current Assets Historical Data

The historical data trend for Pan American Energy'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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Pan American Energy Total Current Assets Chart

Pan American Energy Annual Data

Trend

Apr08

Apr09

Apr10

Apr11

Apr12

Apr13

Apr21

Mar22

Mar23

Mar24

Total Current Assets

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0.15

0.06

1.46

5.64

2.75

Pan American Energy Quarterly Data
	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Apr21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Total Current Assets	Get a 7-Day Free Trial															3.37	2.96	6.13	2.75	1.33

Pan American Energy 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.

Pan American Energy's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.078	+	0.651	+	0	+	0.018
	=	2.75

Pan American Energy'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
	=	1.215	+	0.103	+	0	+	0.013
	=	1.33

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.

Pan American Energy (XCNQ:PNRG) 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.

Pan American Energy'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)
=	1.215	-	1.744	+	0.75 * 0.103	+	0.5 * 0
=	-0.45

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Pan American Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pan American Energy Corp (XCNQ:PNRG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

PAAND:USA SS6:Germany

Address

505 3rd Avenue SW, Suite 610, Calgary, AB, CAN, T2P 3E6

Website

https://www.panam-energy.com

Pan American Energy Corp is a North American mining exploration company engaged in the business of expanding the boundaries of the lithium supply chain through the acquisition, exploration and development of mineral properties. The company has a diversified asset base in Canada and the USA including hard rock lithium (Ontario) and claystone lithium (Nevada).

Executives

Jason Mark Latkowcer

Director, Senior Officer