Revett Mining Co (FRA:RV2) Total Current Assets : €4.07 Mil (As of Mar. 2015)

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What is Revett Mining Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Revett Mining Co's total current assets for the quarter that ended in Mar. 2015 was €4.07 Mil.

Revett Mining Co Total Current Assets Historical Data

The historical data trend for Revett Mining Co'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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Revett Mining Co Total Current Assets Chart

Revett Mining Co Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Total Current Assets

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12.39

26.94

26.51

9.97

6.33

Revett Mining Co Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Total Current Assets	Get a 7-Day Free Trial															11.23	7.92	8.99	6.33	4.07

Revett Mining Co 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.

Revett Mining Co's Total Current Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.349	+	0.006	+	3.709	+	0.263
	=	6.33

Revett Mining Co's Total Current Assets for the quarter that ended in Mar. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.667	+	0.248	+	2.907	+	0.247
	=	4.07

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.

Revett Mining Co (FRA:RV2) 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.

Revett Mining Co's Liquidation Value for the quarter that ended in Mar. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.667	-	9.327	+	0.75 * 0.248	+	0.5 * 2.907
=	-7.02

Revett Mining Co Total Current Assets Related Terms

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Revett Mining Co (FRA:RV2) Business Description

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Address

Website

http://www.revettmining.com

Revett Mining Co Inc formerly Revett Minerals Inc., was incorporated in August 2004. The Company is a silver-copper producer. It owns and operates the producing Troy Mine and the development-stage Rock Creek project; both properties are located in northwestern Montana. Its mining properties are Troy and Rock Creek. Troy an is underground silver and copper mine located in Lincoln County, Montana, approximately fifteen miles south of the town of Troy. Rock Creek is a large exploration-stage silver and copper property located in Sanders County, Montana, approximately five miles northeast of Noxon, Montana. The mine operation comprises 24 patented lode-mining claims, 510 unpatented lode-mining claims, approximately 850 acres of fee land and approximately 394 acres of patented claim land. The Company also owns two unpatented claim groups in nearby areas of Sanders County, the Vermillion River and the Sims Creek properties, which comprise approximately 1,660 acres and are located approximately 25 miles southeast of Rock Creek. Limited drilling was conducted by the previous owner of the Vermillion River claim group. Additionally, it also owns approximately 673 acres of fee land that will be used for mitigation as the Rock Creek project is developed. The Company is subject to a variety of federal, state and local statutes, rules and regulations designed to protect the quality of the air and water, and threatened or endangered species in the vicinity of its mining operations.

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