Power Group Projects (TSXV:PGP) Total Current Assets : C$0.03 Mil (As of Oct. 2023)

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What is Power Group Projects Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Power Group Projects's total current assets for the quarter that ended in Oct. 2023 was C$0.03 Mil.

Power Group Projects Total Current Assets Historical Data

The historical data trend for Power Group Projects'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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Power Group Projects Total Current Assets Chart

Power Group Projects Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Total Current Assets

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1.48

0.35

0.18

0.72

0.10

Power Group Projects Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Total Current Assets	Get a 7-Day Free Trial															0.17	0.10	0.08	0.04	0.03

Power Group Projects 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.

Power Group Projects's Total Current Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.074	+	0.023	+	0	+	0.001
	=	0.10

Power Group Projects's Total Current Assets for the quarter that ended in Oct. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.03	+	0.003	+	0	+	-0.001
	=	0.03

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.

Power Group Projects (TSXV:PGP) 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.

Power Group Projects's Liquidation Value for the quarter that ended in Oct. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.03	-	0.116	+	0.75 * 0.003	+	0.5 * 0
=	-0.08

Power Group Projects Total Current Assets Related Terms

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Power Group Projects (TSXV:PGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Power Group Projects Corp (TSXV:PGP) » Definitions » Total Current Assets

Comparable Companies

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PGPGF:USA 9GCA:Germany

Address

999 West Hastings Street, Suite 520, Vancouver, BC, CAN, V6C 2W2

Website

https://www.powergroupproject.com

Power Group Projects Corp is a Canadian company which is engaged in the acquisition and exploration of resource properties. The company owns an interest in Smith Cobalt Project, Canadian Cobalt Project, Ontario Cobalt Project and Little Trout Cobalt Project among others.

Power Group Projects (TSXV:PGP) Headlines

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