Kestrel Gold (TSXV:KGC) Total Current Assets : C$0.12 Mil (As of Mar. 2024)

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What is Kestrel Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Kestrel Gold's total current assets for the quarter that ended in Mar. 2024 was C$0.12 Mil.

Kestrel Gold Total Current Assets Historical Data

The historical data trend for Kestrel 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.

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Kestrel Gold Total Current Assets Chart

Kestrel Gold Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Current Assets

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0.10

0.38

1.23

0.50

0.22

Kestrel Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															0.31	0.27	0.22	0.26	0.12

Kestrel 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.

Kestrel Gold'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
	=	0.201	+	0.014	+	0	+	0.002
	=	0.22

Kestrel Gold'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
	=	0.108	+	0.006	+	0	+	0.004
	=	0.12

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.

Kestrel Gold (TSXV:KGC) 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.

Kestrel Gold'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)
=	0.108	-	0.039	+	0.75 * 0.006	+	0.5 * 0
=	0.07

Kestrel Gold Total Current Assets Related Terms

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Kestrel Gold (TSXV:KGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kestrel Gold Inc (TSXV:KGC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

KSTBF:USA

Address

110-12 Avenue S.W., Suite 208, Calgary, AB, CAN, T2R 0G7

Website

https://www.kestrelgold.com

Kestrel Gold Inc is principally engaged in the business of acquisition, exploration, and evaluation of mineral properties. Its principal property includes the King Solomon Dome project in the Dawson mining district in the Yukon Territory of Canada. The Company is exploring and evaluating mineral properties in the Yukon Territory and British Columbia, Canada, to bring these properties to production.

Executives

Rob Solinger

Director, Senior Officer