Colibri Resource (TSXV:CBI) Total Current Assets : C$0.60 Mil (As of Sep. 2023)

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What is Colibri Resource Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Colibri Resource's total current assets for the quarter that ended in Sep. 2023 was C$0.60 Mil.

Colibri Resource Total Current Assets Historical Data

The historical data trend for Colibri Resource'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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Colibri Resource Total Current Assets Chart

Colibri Resource Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Dec22

Total Current Assets

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0.32

0.12

0.72

0.95

0.92

Colibri Resource Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets	Get a 7-Day Free Trial															1.45	0.92	0.65	0.39	0.60

Colibri Resource 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.

Colibri Resource's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.654	+	0.09	+	0	+	0.179
	=	0.92

Colibri Resource's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.349	+	0.054	+	0	+	0.199
	=	0.60

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.

Colibri Resource (TSXV:CBI) 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.

Colibri Resource's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.349	-	2.16	+	0.75 * 0	+	0.5 * 0
=	-1.81

Colibri Resource Total Current Assets Related Terms

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Colibri Resource (TSXV:CBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Colibri Resource Corp (TSXV:CBI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

CRUCF:USA

Address

105 Englehart Street, Suite 700, Dieppe, NB, CAN, E1A 8K2

Website

https://www.colibriresource.com

Colibri Resource Corp is a mineral resource exploration company. It is engaged in the process of acquiring and exploring precious mineral properties in Mexico. The properties of the company are Evelyn Gold, Diamante Gold & Silver, Pilar & Silver, Mezquite Gold, and Jackie Gold & Silver. The company operates in one reportable business segment, being the acquisition and exploration of mineral properties.

Executives

Ian Mcgavney

Senior Officer