Maximus Resources (ASX:MXR) Total Current Assets

: A$2.20 Mil (As of Dec. 2023)

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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Maximus Resources's total current assets for the quarter that ended in Dec. 2023 was A$2.20 Mil.

Maximus Resources Total Current Assets Historical Data

The historical data trend for Maximus 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.

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Maximus Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

4.08

0.81

1.46

7.26

3.81

Maximus Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets																10.66	7.26	5.26	3.81	2.20

Maximus 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.

Maximus Resources's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.632	+	0.088	+	0	+	0.085
	=	3.81

Maximus Resources's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.147	+	0.019	+	0	+	0.034
	=	2.20

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.

Maximus Resources (ASX:MXR) 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.

Maximus Resources's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.147	-	0.716	+	0.75 * 0.019	+	0.5 * 0
=	1.45

Maximus Resources Total Current Assets Related Terms

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Maximus Resources (ASX:MXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maximus Resources Ltd (ASX:MXR) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

198 Greenhill Road, Suite 12, Eastwood, SA, AUS, 5063

Website

http://www.maximusresources.com

Maximus Resources Ltd explores and develops natural resource properties in Australia. It explores for gold, copper, nickel, and platinum group element deposits. The company holds interests in the Spargoville project in the south of the regional mining center of Kalgoorlie; and Bird in Hand project in the east of the Adelaide Hills township of Woodside. The company's projects include Wattle Dam, Redback Prospect, Larkinville and Eagles Nest.

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