Western Metallica Resources (TSXV:WMS) Total Current Assets : C$8.18 Mil (As of Mar. 2022)

View and export this data going back to 2022. Start your Free Trial

What is Western Metallica Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Western Metallica Resources's total current assets for the quarter that ended in Mar. 2022 was C$8.18 Mil.

Western Metallica Resources Total Current Assets Historical Data

The historical data trend for Western Metallica 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.

* Premium members only.

Western Metallica Resources Total Current Assets Chart

Western Metallica Resources Annual Data

Trend

Dec19

Dec20

Dec21

Total Current Assets

0.70

0.08

8.27

Western Metallica Resources Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22
Total Current Assets	Get a 7-Day Free Trial			0.08	-	0.08	8.27	8.18

Western Metallica 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.

Western Metallica Resources's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.659	+	0.052	+	0	+	7.557
	=	8.27

Western Metallica Resources's Total Current Assets for the quarter that ended in Mar. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.467	+	0.097	+	0	+	7.62
	=	8.18

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.

Western Metallica Resources (TSXV:WMS) 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.

Western Metallica Resources's Liquidation Value for the quarter that ended in Mar. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.467	-	8.459	+	0.75 * 0.097	+	0.5 * 0
=	-7.92

Western Metallica Resources Total Current Assets Related Terms

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

Western Metallica Resources (TSXV:WMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Metallica Resources Corp (TSXV:WMS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

93 Ridley Boulevard, Toronto, ON, CAN, M5M 3L6

Website

https://www.westernmetallicacorp.com

Western Metallica Resources Corp is engaged in the acquisition, exploration, and development of mineral properties in Spain. The company's projects include Penedela, Valledor and Sierra Alta, and Nueva Celti.

Executives

Peter Marcel Imhof

Director, Senior Officer