Widgie Nickel (ASX:WIN) Total Current Assets : A$2.72 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Widgie Nickel Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Widgie Nickel's total current assets for the quarter that ended in Dec. 2023 was A$2.72 Mil.

Widgie Nickel Total Current Assets Historical Data

The historical data trend for Widgie Nickel'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.

Widgie Nickel Total Current Assets Chart

Widgie Nickel Annual Data

Trend

Jun23

Total Current Assets

12.11

Widgie Nickel Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23
Total Current Assets	23.71	22.24	8.84	12.11	2.72

Widgie Nickel 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.

Widgie Nickel's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	11.845	+	0.137	+	0	+	0.131
	=	12.11

Widgie Nickel's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.585	+	0.073	+	0	+	0.06
	=	2.72

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.

Widgie Nickel (ASX:WIN) 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.

Widgie Nickel'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)
=	2.585	-	1.908	+	0.75 * 0.073	+	0.5 * 0
=	0.73

Widgie Nickel Total Current Assets Related Terms

Thank you for viewing the detailed overview of Widgie Nickel's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Widgie Nickel (ASX:WIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Widgie Nickel Ltd (ASX:WIN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

WDGNF:USA

Address

220 St Georges Terrace, Level 4, Perth, WA, AUS, 6000

Website

https://www.widgienickel.com.au

Widgie Nickel Ltd is a nickel exploration and development company. Its projects include Widgie South, Widgie North, Widgie West, and Lake Eaton-Mt Eaton. The company operates in given segments comprised of exploration and development activities over the Mt Edwards Project. It operates in a single geographical area which is Australia.

Widgie Nickel (ASX:WIN) Headlines

No Headlines