Doubleview Gold (TSXV:DBG) Total Current Assets : C$0.58 Mil (As of Nov. 2023)

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What is Doubleview Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Doubleview Gold's total current assets for the quarter that ended in Nov. 2023 was C$0.58 Mil.

Doubleview Gold Total Current Assets Historical Data

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

Doubleview Gold Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Total Current Assets

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0.08

0.55

3.07

3.26

4.00

Doubleview Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Current Assets	Get a 7-Day Free Trial															3.50	4.00	3.67	2.03	0.58

Doubleview 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.376	+	0.531	+	0	+	0.094
	=	4.00

Doubleview Gold's Total Current Assets for the quarter that ended in Nov. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.277	+	0.265	+	0	+	0.039
	=	0.58

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.

Doubleview Gold (TSXV:DBG) 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.

Doubleview Gold's Liquidation Value for the quarter that ended in Nov. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.277	-	1.176	+	0.75 * 0	+	0.5 * 0
=	-0.90

Doubleview Gold Total Current Assets Related Terms

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Doubleview Gold (TSXV:DBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Doubleview Gold Corp (TSXV:DBG) » Definitions » Total Current Assets

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Traded in Other Exchanges

DBLVF:USA 1D4:Germany

Address

470 Granville Street, Suite 822, Vancouver, BC, CAN, V6C 1V5

Website

https://www.doubleview.ca

Doubleview Gold Corp is a Canadian resource exploration and development company. The company is engaged in the exploration and development of mineral properties in North America. Its project includes the Mount Milligan North Property located in northwest Prince George, British Columbia; the Hat Property located in Telegraph Creek, British Columbia; the Red Springs Project located in the Omineca Mining District of British Columbia. It acquires precious and base metal exploration projects in North America but mainly in British Columbia. one segment the exploration and development of exploration and evaluation in Canada.

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