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Ionic Rare Earths (STU:6UH) Total Current Assets : €4.08 Mil (As of Dec. 2023)


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What is Ionic Rare Earths Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ionic Rare Earths's total current assets for the quarter that ended in Dec. 2023 was €4.08 Mil.


Ionic Rare Earths Total Current Assets Historical Data

The historical data trend for Ionic Rare Earths'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.

Ionic Rare Earths Total Current Assets Chart

Ionic Rare Earths Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 7.07 18.19 8.20 3.86

Ionic Rare Earths Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 18.19 12.84 8.20 4.08 3.86

Ionic Rare Earths 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.

Ionic Rare Earths's Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Ionic Rare Earths's Total Current Assets for the quarter that ended in Dec. 2023 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.


Ionic Rare Earths  (STU:6UH) 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.

Ionic Rare Earths's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.154-1.234+0.75 * 0.278+0.5 * 0.477
=2.37

* 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.


Ionic Rare Earths Total Current Assets Related Terms

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Ionic Rare Earths Business Description

Traded in Other Exchanges
Address
259 Colins Street, Level 5 South, Melbourne, VIC, AUS, 3000
Ionic Rare Earths Ltd is a mineral exploration company, Its projects include the Makuutu project and San Isidro. The company operates in Australia and Nicaragua and Uganda.

Ionic Rare Earths Headlines

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