Apollo Silver (Apollo Silver) Total Current Assets : $2.22 Mil (As of Feb. 2024)

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What is Apollo Silver Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Apollo Silver's total current assets for the quarter that ended in Feb. 2024 was $2.22 Mil.

Apollo Silver Total Current Assets Historical Data

The historical data trend for Apollo Silver'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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Apollo Silver Total Current Assets Chart

Apollo Silver Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Total Current Assets

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0.06

0.02

4.77

13.42

7.15

Apollo Silver Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Feb24
Total Current Assets	Get a 7-Day Free Trial															7.15	5.65	3.61	3.12	2.22

Apollo Silver 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.

Apollo Silver's Total Current Assets for the fiscal year that ended in Nov. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.957	+	0.01	+	0	+	0.179
	=	7.15

Apollo Silver's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.179	+	0.004	+	0	+	0.036
	=	2.22

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.

Apollo Silver (OTCPK:APGOF) 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.

Apollo Silver's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.179	-	0.289	+	0.75 * 0.004	+	0.5 * 0
=	1.89

Apollo Silver Total Current Assets Related Terms

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Apollo Silver (Apollo Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Apollo Silver Corp (OTCPK:APGOF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

6ZF0:Germany APGO:Canada

Address

1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.apollosilver.com

Apollo Silver Corp is exploration and development company in the U.S. The Company, together with its subsidiaries, is a mineral exploration and development group focused on advancing its portfolio of two silver exploration and resource development projects in the United States. The adjacent Waterloo and Langtry Projects are located in the historic Calico Silver Mining District, California. The Arizona Silver District Project is located in a historic silver mining district in southwestern Arizona. Geographically, the company operates in Canada and United States.