Liberty Gold (TSX:LGD) Total Current Assets : C$12.61 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Liberty Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Liberty Gold's total current assets for the quarter that ended in Dec. 2023 was C$12.61 Mil.

Liberty Gold Total Current Assets Historical Data

The historical data trend for Liberty 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.

* Premium members only.

Liberty Gold Total Current Assets Chart

Liberty Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

22.25

30.72

30.18

27.46

12.61

Liberty 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															27.46	22.09	15.34	16.50	12.61

Liberty 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	12.184	+	0.083	+	0	+	0.343
	=	12.61

Liberty 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
	=	12.184	+	0.083	+	0	+	0.343
	=	12.61

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.

Liberty Gold (TSX:LGD) 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.

Liberty 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)
=	12.184	-	6.614	+	0.75 * 0	+	0.5 * 0
=	5.57

Liberty Gold Total Current Assets Related Terms

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

Liberty Gold (TSX:LGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Liberty Gold Corp (TSX:LGD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

LGDTF:USA PGW:Germany

Address

1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9

Website

https://www.libertygold.ca

Liberty Gold Corp is an exploration-stage company. It operates in the business segment of exploration for gold, copper and other precious and base metals. The company has operations in the geographic locations of Canada, the USA and Turkey. Its projects include the Black Pine project, Goldstrike, TV Tower and others. It has one segment the exploration for gold, copper and other precious and base metals.

Executives

Calvin Clovis Everett

Senior Officer

Liberty Gold (TSX:LGD) Headlines

No Headlines