Apex Critical Metals (XCNQ:APXC) Total Current Assets : C$0.47 Mil (As of Jan. 2024)

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What is Apex Critical Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Apex Critical Metals's total current assets for the quarter that ended in Jan. 2024 was C$0.47 Mil.

Apex Critical Metals Total Current Assets Historical Data

The historical data trend for Apex Critical 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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Apex Critical Metals Total Current Assets Chart

Apex Critical Metals Annual Data

Trend

Jul22

Total Current Assets

0.50

Apex Critical Metals Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial				0.47	0.33	0.28	0.11	0.47

Apex Critical 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.

Apex Critical Metals's Total Current Assets for the fiscal year that ended in Jul. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.494	+	0.005	+	0	+	-0.001
	=	0.50

Apex Critical Metals's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.452	+	0.009	+	0	+	0.011
	=	0.47

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.

Apex Critical Metals (XCNQ:APXC) 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.

Apex Critical Metals's Liquidation Value for the quarter that ended in Jan. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.452	-	0.091	+	0.75 * 0	+	0.5 * 0
=	0.36

Apex Critical Metals Total Current Assets Related Terms

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Apex Critical Metals (XCNQ:APXC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Apex Critical Metals Corp (XCNQ:APXC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

https://www.eaglebayresources.com

Eagle Bay Resources Corp is in the business of acquiring, exploring, developing and evaluating mineral resource properties. The Company is in the exploration stage and has interests in properties located in British Columbia, Canada.

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