Vast Resources (LSE:VAST) Total Current Assets : £4.63 Mil (As of Oct. 2023)

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What is Vast Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vast Resources's total current assets for the quarter that ended in Oct. 2023 was £4.63 Mil.

Vast Resources Total Current Assets Historical Data

The historical data trend for Vast Resources'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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Vast Resources Total Current Assets Chart

Vast Resources Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Apr20

Apr21

Apr22

Apr23

Total Current Assets

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7.71

3.49

3.99

2.92

3.57

Vast Resources Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Current Assets	Get a 7-Day Free Trial															2.95	2.92	4.03	3.57	4.63

Vast Resources 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.

Vast Resources's Total Current Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.426	+	1.746	+	0.781	+	0.612
	=	3.57

Vast Resources's Total Current Assets for the quarter that ended in Oct. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.791	+	2.341	+	0.914	+	0.582
	=	4.63

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.

Vast Resources (LSE:VAST) 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.

Vast Resources's Liquidation Value for the quarter that ended in Oct. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.791	-	18.454	+	0.75 * 0.607	+	0.5 * 0.914
=	-16.75

Vast Resources Total Current Assets Related Terms

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Vast Resources (LSE:VAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vast Resources PLC (LSE:VAST) » Definitions » Total Current Assets

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Traded in Other Exchanges

D9AA:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.vastplc.com

Vast Resources PLC is a resource development company producing copper concentrate, zinc concentrate and gold and silver concentrate from Manaila Polymetallic Mine based at Romania. It has interest in the underground mine, Baita Plai, which is a skarn deposit comprising veins in calcareous sediments in approximately eight distinct pipes. The geographical segments of the company includes Europe and Central Asia and Southern Africa.

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