McLaren Minerals (ASX:MML) Total Current Assets : A$0.42 Mil (As of Dec. 2024)

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What is McLaren Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. McLaren Minerals's total current assets for the quarter that ended in Dec. 2024 was A$0.42 Mil.

McLaren Minerals Total Current Assets Historical Data

The historical data trend for McLaren Minerals'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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McLaren Minerals Total Current Assets Chart

McLaren Minerals Annual Data

Trend

Jun22

Jun23

Jun24

Total Current Assets

5.20

3.33

1.30

McLaren Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial			4.32	3.33	2.16	1.30	0.42

McLaren Minerals 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.

McLaren Minerals's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.18	+	0.063	+	0	+	0.083
	=	3.33

McLaren Minerals's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.018	+	0.113	+	0	+	0.287
	=	0.42

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.

McLaren Minerals (ASX:MML) 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.

McLaren Minerals's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.018	-	0.507	+	0.75 * 0.113	+	0.5 * 0
=	-0.40

McLaren Minerals Total Current Assets Related Terms

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McLaren Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McLaren Minerals Ltd (ASX:MML) » Definitions » Total Current Assets

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Traded in Other Exchanges

U770:Germany

Address

Unit A8, 435 Roberts Road, Subiaco, WA, AUS, 6008

Website

https://www.allupsilica.com

McLaren Minerals Ltd, formerly Allup Silica Ltd is a silica exploration company focused on the future development of its silica sand tenements located across several exploration project locations in Western Australia. The projects of the company include Sparkler, Pink Bark, Esperance Sands, and Cabbage Spot.

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