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Glacier Lake Resources (TSXV:GLI) Total Current Assets : C$0.22 Mil (As of Jun. 2024)


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What is Glacier Lake Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Glacier Lake Resources's total current assets for the quarter that ended in Jun. 2024 was C$0.22 Mil.


Glacier Lake Resources Total Current Assets Historical Data

The historical data trend for Glacier Lake 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.

Glacier Lake Resources Total Current Assets Chart

Glacier Lake Resources Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.25 1.03 0.40 0.23

Glacier Lake Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.36 0.31 0.27 0.23 0.22

Glacier Lake 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.

Glacier Lake Resources's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Glacier Lake Resources's Total Current Assets for the quarter that ended in Jun. 2024 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.


Glacier Lake Resources  (TSXV:GLI) 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.

Glacier Lake Resources's Liquidation Value for the quarter that ended in Jun. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.206-0.812+0.75 * 0.018+0.5 * 0
=-0.59

* 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.


Glacier Lake Resources Total Current Assets Related Terms

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Glacier Lake Resources Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Glacier Lake Resources Inc is a resource exploration company. It is engaged in acquiring and exploring resource properties in Canada. Its projects includes the Silver Star Property in British Columbia, and Hackett and North Wolverine Properties, in British Columbia.
Executives
Johan Grandin Director
Satvir Singh Saf Dhillon Director
Scott Davis Director, Senior Officer
Mike Withrow Withrow Director

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