Angus Gold (Angus Gold) Total Current Assets : $2.71 Mil (As of Jan. 2024)

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What is Angus Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Angus Gold's total current assets for the quarter that ended in Jan. 2024 was $2.71 Mil.

Angus Gold Total Current Assets Historical Data

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

Angus Gold Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Total Current Assets

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1.02

1.67

1.43

1.78

2.71

Angus Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial															1.78	5.17	4.36	3.18	2.71

Angus 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.

Angus Gold's Total Current Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.596	+	0.062	+	0	+	0.049
	=	2.71

Angus Gold's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.596	+	0.062	+	0	+	0.049
	=	2.71

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.

Angus Gold (OTCPK:ANGVF) 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.

Angus Gold's Liquidation Value for the quarter that ended in Jan. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.596	-	0.775	+	0.75 * 0	+	0.5 * 0
=	1.82

Angus Gold Total Current Assets Related Terms

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Angus Gold (Angus Gold) Business Description

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

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GUS:Canada

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.angusgold.com

Angus Gold Inc is a gold exploration company focused on the acquisition, exploration, and development of mineral properties. Its principal project is Golden Sky, located in Wawa, Ontario.