Blast Resources (XCNQ:BLST) Total Current Assets : C$0.10 Mil (As of Oct. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Blast Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Blast Resources's total current assets for the quarter that ended in Oct. 2023 was C$0.10 Mil.

Blast Resources Total Current Assets Historical Data

The historical data trend for Blast 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.

Blast Resources Total Current Assets Chart

Blast Resources Annual Data

Trend

Jan22

Jan23

Total Current Assets

0.12

Blast Resources Quarterly Data
	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Total Current Assets	Get a 7-Day Free Trial			-	0.12	0.36	0.29	0.10

Blast 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.

Blast Resources'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
	=	0.123	+	0.001	+	0	+	0
	=	0.12

Blast Resources'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
	=	0.028	+	0.009	+	0	+	0.058
	=	0.10

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.

Blast Resources (XCNQ:BLST) 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.

Blast Resources'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)
=	0.028	-	0.04	+	0.75 * 0	+	0.5 * 0
=	-0.01

Blast Resources Total Current Assets Related Terms

Thank you for viewing the detailed overview of Blast Resources's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Blast Resources (XCNQ:BLST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blast Resources Inc (XCNQ:BLST) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

580 Hornby Street, No. 380, Vancouver, BC, CAN, V6C 3B6

Website

Blast Resources Inc is a mineral exploration company engaged in acquiring, exploring, and evaluating resource properties. The Company holds the option to earn a 100% interest in the Property located near Vernon, Utah, United States in central Tooele County, Utah, United States. The Company's objective is to explore and, if warranted, develop the Property. The Company will evaluate opportunities to acquire interests in additional exploration-stage mineral properties.

Blast Resources (XCNQ:BLST) Headlines

No Headlines