Musk Metals (XCNQ:MUSK) Total Current Assets : C$0.07 Mil (As of Dec. 2024)

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What is Musk Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Musk Metals's total current assets for the quarter that ended in Dec. 2024 was C$0.07 Mil.

Musk Metals Total Current Assets Historical Data

The historical data trend for Musk 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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Musk Metals Total Current Assets Chart

Musk Metals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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0.01

0.59

1.24

0.53

0.11

Musk Metals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															0.27	0.11	0.08	0.06	0.07

Musk 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.

Musk Metals'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
	=	0.058	+	0.046	+	0	+	0.004
	=	0.11

Musk Metals's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.008	+	0.049	+	0	+	0.01
	=	0.07

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.

Musk Metals (XCNQ:MUSK) 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.

Musk Metals's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.008	-	0.868	+	0.75 * 0	+	0.5 * 0
=	-0.86

Musk Metals Total Current Assets Related Terms

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Musk Metals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

EMSKF:USA 1I3:Germany

Address

700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y 1C6

Website

https://muskmetals.ca

Musk Metals Corp is engaged in the acquisition, exploration, and development of the Pluto Gold and Base Metals Property in Quebec, Canada, along with continuing to identify and potentially acquire additional property interests and conduct exploration and evaluation of assets to assess its potential. Its other properties also include Lawyers North, East & West Claims, Lithium Prospect Elon Lithium Prospect, Allison Lake Prospect, Pluto Property.

Executives

Nader Vatanchi	Director, Senior Officer
Alson Niu	Director

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