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Banyan Gold (TSXV:BYN) Total Current Assets : C$6.50 Mil (As of Dec. 2023)


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What is Banyan Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Banyan Gold's total current assets for the quarter that ended in Dec. 2023 was C$6.50 Mil.


Banyan Gold Total Current Assets Historical Data

The historical data trend for Banyan Gold'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.

Banyan Gold Total Current Assets Chart

Banyan Gold Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.40 5.50 14.74 12.49

Banyan Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 Premium Member Only 12.49 19.20 17.54 12.34 6.50

Banyan Gold 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.

Banyan Gold's Total Current Assets for the fiscal year that ended in Sep. 2022 is calculated as

Banyan Gold's Total Current Assets for the quarter that ended in Dec. 2023 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.


Banyan Gold  (TSXV:BYN) 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.

Banyan Gold's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.206-9.178+0.75 * 0.267+0.5 * 0
=-2.77

* 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.


Banyan Gold Total Current Assets Related Terms

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Banyan Gold (TSXV:BYN) Business Description

Traded in Other Exchanges
Address
166 Cougarstone Crescent SW, Calgary, AB, CAN, T3H 4Z5
Banyan Gold Corp is a mining company based in Canada. It is mainly engaged in the acquisition, discovery, and development of mineral properties. The company holds an interest in Hyland Gold Project which is located in the Watson Lake Mining District in southeast Yukon, Aurex-McQuesten Gold Project which is located in the Mayo Mining district and Nitra claims.
Executives
David Rutt 10% Security Holder, Director, Senior Officer