ECR Minerals (LSE:ECR) Total Current Assets : £0.18 Mil (As of Sep. 2023)

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What is ECR Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ECR Minerals's total current assets for the quarter that ended in Sep. 2023 was £0.18 Mil.

ECR Minerals Total Current Assets Historical Data

The historical data trend for ECR Minerals'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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ECR Minerals Total Current Assets Chart

ECR Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Current Assets

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0.39

1.63

3.24

1.11

0.18

ECR Minerals Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															3.24	1.41	1.11	0.59	0.18

ECR Minerals 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.

ECR Minerals's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.093	+	0.085	+	0	+	0
	=	0.18

ECR Minerals's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.093	+	0.085	+	0	+	0
	=	0.18

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.

ECR Minerals (LSE:ECR) 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.

ECR Minerals's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.093	-	0.154	+	0.75 * 0	+	0.5 * 0
=	-0.06

ECR Minerals Total Current Assets Related Terms

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ECR Minerals (LSE:ECR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ECR Minerals PLC (LSE:ECR) » Definitions » Total Current Assets

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Traded in Other Exchanges

N/A

Address

Ranelagh Gardens, Office T3, Hurlingham Studios, London, GBR, SW6 3PA

Website

https://www.ecrminerals.com

ECR Minerals PLC is a mineral exploration and development company which acts as a holding company for its subsidiaries and other investments. It is involved in the identification, acquisition, exploration, and development of mineral projects. The company focuses on the exploration of Gold and Copper assets. The firm's current project area is Argentina, Australia, and the Philippines. Its projects include SLM gold, Danglay gold, and Central Victorian Gold.

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