Cadan Resources (Cadan Resources) Total Current Assets : $2.18 Mil (As of Sep. 2018)

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

What is Cadan Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Cadan Resources's total current assets for the quarter that ended in Sep. 2018 was $2.18 Mil.

Cadan Resources Total Current Assets Historical Data

The historical data trend for Cadan 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.

Cadan Resources Total Current Assets Chart

Cadan Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Total Current Assets

Get a 7-Day Free Trial

0.54

0.69

1.15

1.27

1.76

Cadan Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Total Current Assets	Get a 7-Day Free Trial															2.55	1.76	2.92	4.07	2.18

Cadan 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.

Cadan Resources's Total Current Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.392	+	0.287	+	0	+	1.085
	=	1.76

Cadan Resources's Total Current Assets for the quarter that ended in Sep. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.277	+	0.334	+	0.658	+	0.907
	=	2.18

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.

Cadan Resources (OTCPK:CADAF) 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.

Cadan Resources's Liquidation Value for the quarter that ended in Sep. 2018 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.277	-	30.69	+	0.75 * 0.334	+	0.5 * 0.658
=	-29.83

Cadan Resources Total Current Assets Related Terms

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

Cadan Resources (Cadan Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cadan Resources Corp (OTCPK:CADAF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rizalresources.com

Rizal Resources Corp is engaged in the exploration of natural resource properties located in the Philippines. Its properties include T'Boli Gold Mine Project, Batoto Gold Project, and Comval Copper-Gold Project. It operates through resource property exploration segment. It is focused on the development, exploration and production activities at the T'Boli gold-silver mine. Its material mineral properties are the T'Boli gold-silver deposit, the Batoto-Tarale gold prospect, and the Comval copper-gold deposits. The Batoto Gold Project offers excellent discovery opportunities for gold and gold-copper that will complement the T'Boli gold mining operation.

Cadan Resources (Cadan Resources) Headlines

From GuruFocus

T'boli Mine Site Fatality

By GlobeNewswire GlobeNewswire • 05-29-2018