Taura Gold (TSXV:TORA) Total Current Assets : C$0.93 Mil (As of Jan. 2024)

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What is Taura Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Taura Gold's total current assets for the quarter that ended in Jan. 2024 was C$0.93 Mil.

Taura Gold Total Current Assets Historical Data

The historical data trend for Taura 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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Taura Gold Total Current Assets Chart

Taura Gold Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Total Current Assets

0.09

0.05

1.53

1.09

Taura Gold Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial										1.56	1.41	1.15	1.09	0.93

Taura 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.

Taura Gold's Total Current Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.071	+	0.006	+	0	+	0.017
	=	1.09

Taura Gold's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.889	+	0.007	+	0	+	0.03
	=	0.93

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.

Taura Gold (TSXV:TORA) 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.

Taura Gold's Liquidation Value for the quarter that ended in Jan. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.889	-	0.132	+	0.75 * 0.007	+	0.5 * 0
=	0.76

Taura Gold Total Current Assets Related Terms

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Taura Gold (TSXV:TORA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6

Website

https://www.tauragold.com

Taura Gold Inc is engaged in the exploration and development of mineral properties. The company operates through a single project including the Shabu River Project.

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