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Trafford Resources (ASX:TRF) Total Current Assets : A$1.00 Mil (As of Dec. 2014)


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What is Trafford Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Trafford Resources's total current assets for the quarter that ended in Dec. 2014 was A$1.00 Mil.


Trafford Resources Total Current Assets Historical Data

The historical data trend for Trafford 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.

Trafford Resources Total Current Assets Chart

Trafford Resources Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 2.27 3.59 5.31 3.47 1.47

Trafford Resources Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.07 3.47 1.98 1.47 1.00

Trafford 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.

Trafford Resources's Total Current Assets for the fiscal year that ended in Jun. 2014 is calculated as

Trafford Resources's Total Current Assets for the quarter that ended in Dec. 2014 is calculated as

* 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.

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.


Trafford Resources  (ASX:TRF) 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.

Trafford Resources's Liquidation Value for the quarter that ended in Dec. 2014 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.927-0.638+0.75 * 0+0.5 * 0
=0.29

* 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.


Trafford Resources Total Current Assets Related Terms

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Trafford Resources (ASX:TRF) Business Description

Traded in Other Exchanges
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Address
Trafford Resources Limited is a mineral exploration company with projects in South and Western Australia. Company also has a 0.5053 interest in IronClad Mining Ltd (IronClad).

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