Piedmont Lithium (Piedmont Lithium) Total Current Assets : $86.05 Mil (As of Mar. 2024)

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What is Piedmont Lithium Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Piedmont Lithium's total current assets for the quarter that ended in Mar. 2024 was $86.05 Mil.

Piedmont Lithium Total Current Assets Historical Data

The historical data trend for Piedmont Lithium'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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Piedmont Lithium Total Current Assets Chart

Piedmont Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Total Current Assets

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4.49

18.92

143.90

101.86

76.15

Piedmont Lithium Quarterly Data
	Mar19	Jun19	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															130.84	93.65	122.15	76.15	86.05

Piedmont Lithium 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	72.214	+	0.595	+	0	+	3.345
	=	76.15

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	79.302	+	4.247	+	0	+	2.501
	=	86.05

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.

Piedmont Lithium (NAS:PLL) 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.

Piedmont Lithium'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)
=	79.302	-	24.136	+	0.75 * 4.247	+	0.5 * 0
=	58.35

Piedmont Lithium Total Current Assets Related Terms

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Piedmont Lithium (Piedmont Lithium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Piedmont Lithium Inc (NAS:PLL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

PLLTL:USA 6S3:Germany 6S3A:Germany 6S3A:Germany PLL:Australia

Address

42 E Catawba Street, Belmont, NC, USA, 28012

Website

https://www.piedmontlithium.com

Piedmont Lithium Inc, is a lithium-based company focused on the development of its Piedmont Lithium Project located within the Carolina TinSpodumene Belt (''TSB'') and along trend to the Hallman Beam and Kings Mountain mines.

Executives

Claude Demby	director	C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Michael D White	officer: EVP and CFO	17988 EDISON AVE, CHESTERFIELD MA 63005
Michael A Bless	director	C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Bruce Czachor	officer: EVP, CLO & Secretary	32 NORTH MAIN STREET, SUITE 100, BELMONT NC 28012
Patrick Brindle	officer: EVP and CDO	32N MAIN STREET, SUITE 100, BELMONT NC 28012
Keith D. Phillips	director, officer: President and CEO	42 E CATAWBA STREET, BELMONT NC 28012
Austin Devaney	officer: EVP and CCO	C/O PIEDMONT LITHIUM INC., 42 E CATAWBA STREET, BELMONT NC 28012
Krishna Mcvey	officer: EVP and CAO	C/O PIEDMONT LITHIUM INC., 42 E CATAWBA STREET, BELMONT NC 28012
Christina M Alvord	director	1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Jeffrey T. Armstrong	director	32N MAIN STREET, SUITE 100, BELMONT NC 28012
David Klanecky	officer: EVP and COO	32N MAIN STREET, SUITE 100, BELMONT NC 28012
Susan C. Jones	director	32N MAIN STREET, SUITE 100, BELMONT NC 28012
Levi Mochkin	director
Todd Hannigan	director	32N MAIN STREET, SUITE 100, BELMONT NC 28012
Jorge Beristain	director	32N MAIN STREET, SUITE 100, BELMONT NC 28012