Baden Resources (XCNQ:BDN) Total Current Assets : C$0.24 Mil (As of Sep. 2022)

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What is Baden Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Baden Resources's total current assets for the quarter that ended in Sep. 2022 was C$0.24 Mil.

Baden Resources Total Current Assets Historical Data

The historical data trend for Baden 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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Baden Resources Total Current Assets Chart

Baden Resources Annual Data

Trend

Jun20

Jun21

Jun22

Total Current Assets

0.25

0.41

0.30

Baden Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Current Assets	Get a 7-Day Free Trial						0.34	0.25	0.40	0.30	0.24

Baden 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.

Baden Resources's Total Current Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.294	+	0.005	+	0	+	0
	=	0.30

Baden Resources's Total Current Assets for the quarter that ended in Sep. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.233	+	0.005	+	0	+	-2.7755575615629E-17
	=	0.24

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.

Baden Resources (XCNQ:BDN) 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.

Baden Resources's Liquidation Value for the quarter that ended in Sep. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.233	-	0.032	+	0.75 * 0.005	+	0.5 * 0
=	0.20

Baden Resources Total Current Assets Related Terms

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Baden Resources (XCNQ:BDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baden Resources Inc (XCNQ:BDN) » Definitions » Total Current Assets

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Traded in Other Exchanges

N/A

Address

905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6

Website

Baden Resources Inc is a mineral exploration company focused on the acquisition, exploration, and development of mineral properties in British Columbia. Its Midway Property is located in southern British Columbia between the towns of Midway, BC and Rock Creek, BC.