Resouro Strategic Metals (Resouro Strategic Metals) Total Current Assets : $1.89 Mil (As of Dec. 2023)

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What is Resouro Strategic Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Resouro Strategic Metals's total current assets for the quarter that ended in Dec. 2023 was $1.89 Mil.

Resouro Strategic Metals Total Current Assets Historical Data

The historical data trend for Resouro Strategic 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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Resouro Strategic Metals Total Current Assets Chart

Resouro Strategic Metals Annual Data

Trend

Mar22

Mar23

Total Current Assets

0.03

0.04

Resouro Strategic Metals Quarterly Data
	Jun21	Sep21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial				-	0.04	1.42	2.79	1.89

Resouro Strategic 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.

Resouro Strategic Metals's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.005	+	0.034	+	0	+	0.002
	=	0.04

Resouro Strategic Metals'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
	=	1.306	+	0.541	+	0	+	0.039
	=	1.89

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.

Resouro Strategic Metals (OTCPK:RSGOF) 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.

Resouro Strategic Metals'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)
=	1.306	-	0.622	+	0.75 * 0.01	+	0.5 * 0
=	0.69

Resouro Strategic Metals Total Current Assets Related Terms

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Resouro Strategic Metals (Resouro Strategic Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resouro Strategic Metals Inc (OTCPK:RSGOF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

RSM:Canada

Address

401 Bay Street, Suite 2704, Toronto, ON, CAN, M5H 2Y4

Website

https://www.resouro.com

Resouro Strategic Metals Inc is engaged in the exploration and development of gold. The company is focused on the discovery and advancement of economic mineral projects in Brazil, including the Novo Mundo Gold Project in Mato Grosso and the Tiros Titanium-REE Project in Minas Gerais.

Resouro Strategic Metals (Resouro Strategic Metals) Headlines

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