Tier One Silver (FRA:TOV0) Total Current Assets : €0.53 Mil (As of Mar. 2024)

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What is Tier One Silver Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tier One Silver's total current assets for the quarter that ended in Mar. 2024 was €0.53 Mil.

Tier One Silver Total Current Assets Historical Data

The historical data trend for Tier One Silver'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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Tier One Silver Total Current Assets Chart

Tier One Silver Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

0.06

1.86

2.34

1.60

0.87

Tier One Silver Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial													1.60	0.83	0.85	0.87	0.53

Tier One Silver 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.

Tier One Silver's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.565	+	0.033	+	0	+	0.268
	=	0.87

Tier One Silver's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.351	+	0.005	+	0	+	0.174
	=	0.53

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.

Tier One Silver (FRA:TOV0) 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.

Tier One Silver's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.351	-	0.82	+	0.75 * 0.005	+	0.5 * 0
=	-0.47

Tier One Silver Total Current Assets Related Terms

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Tier One Silver (FRA:TOV0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tier One Silver Inc (FRA:TOV0) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

TSLV:Canada

Address

1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3

Website

https://www.tieronesilver.com

Tier One Silver Inc is engaged in the acquisition, exploration, and development of mineral property interests with a focus on Peru. Its project includes Hurricane Silver; Curibaya; Coastal Batholith and Corisur.

Tier One Silver (FRA:TOV0) Headlines

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