GETT Gold (GETT Gold) Total Current Assets : $0.90 Mil (As of Dec. 2023)

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What is GETT Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. GETT Gold's total current assets for the quarter that ended in Dec. 2023 was $0.90 Mil.

GETT Gold Total Current Assets Historical Data

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

GETT Gold Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Current Assets

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1.25

0.66

0.90

2.69

1.13

GETT Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															3.05	2.93	1.78	1.13	0.90

GETT 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.

GETT 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
	=	0.181	+	0.803	+	0	+	0.145
	=	1.13

GETT Gold'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
	=	0.334	+	0.429	+	0	+	0.132
	=	0.90

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.

GETT Gold (OTCPK:RCCMF) 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.

GETT Gold'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)
=	0.334	-	12.969	+	0.75 * 0	+	0.5 * 0
=	-12.64

GETT Gold Total Current Assets Related Terms

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GETT Gold (GETT Gold) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GETT Gold Inc (OTCPK:RCCMF) » Definitions » Total Current Assets

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GETT:Canada

Address

7055 Boulevard Taschereau, Suite 500, Brossard, QC, CAN, J4Z 1A7

Website

https://www.gettgold.com

GETT Gold Inc is engaged in the exploration and development of mineral properties in Canada. Its project includes Courville Maruska. In addition, the company provides thermal fragmentation mining technology for the mining industry.

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