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Minerals Technologies (Minerals Technologies) Total Current Assets : $1,101 Mil (As of Mar. 2024)


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What is Minerals Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Minerals Technologies's total current assets for the quarter that ended in Mar. 2024 was $1,101 Mil.


Minerals Technologies Total Current Assets Historical Data

The historical data trend for Minerals Technologies'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.

Minerals Technologies Total Current Assets Chart

Minerals Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 919.20 1,033.60 1,028.50 1,070.50 1,099.00

Minerals Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,114.90 1,079.80 1,094.20 1,099.00 1,101.30

Minerals Technologies 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.

Minerals Technologies's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Minerals Technologies's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

* 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.

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.


Minerals Technologies  (NYSE:MTX) 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.

Minerals Technologies's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=320.1-1643.2+0.75 * 396.3+0.5 * 326
=-863

* 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.


Minerals Technologies Total Current Assets Related Terms

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Minerals Technologies (Minerals Technologies) Business Description

Traded in Other Exchanges
Address
622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
Executives
Dj Iii Monagle officer: Vice President C/O MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
Brett Argirakis officer: Vice President 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Michael Cipolla officer: CONTROLLER C/O MINERALS TECHNOLOGIES INC, 622 THIRD AVENUE, NEW YORK NY 10017
Douglas T Dietrich officer: Vice President 622 THIRD AVENUE, NEW YORK X1 10017
Jonathan J Hastings officer: Vice President 622 THIRD AVENUE, NEW YORK NY 10017
Rocky Motwani director MINERALS TECHNOLOGIES INC., 622 3RD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Marc E Robinson director MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
Joseph C. Breunig director 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Alison Ann Deans director C/O NEUBERGER BERMAN, LLC, 605 THIRD AVENUE, NEW YORK NY 10158-3698
Franklin Feder director MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
John J Carmola director 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Robert L Clark director C/O MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017
Carolyn K Pittman director 622 THIRD AVENUE 38TH FL, MINERALS TECHNOLOGIES, NEW YORK NY 10017
Timothy Jordan officer: Vice President 622 3RD AVENUE, 38TH FL, NEW YORK NY 10017
Thomas J Meek officer: Vice President C/O MINERALS TECHNOLOGIES INC., 622 THIRD AVENUE, NEW YORK NY 10017