Black Range Minerals (ASX:BLR) Total Current Assets: A$0.22 Mil (As of Dec. 2014)


What is Black Range Minerals Total Current Assets?

Black Range Minerals ASX:BLR Total Current Assets is A$0.22 Mil as of Dec. 2014. The stock has 3 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Black Range Minerals's total current assets for the quarter that ended in Dec. 2014 was A$0.22 Mil.

Black Range Minerals  (ASX:BLR) 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.

Black Range Minerals's Liquidation Value for the quarter that ended in Dec. 2014 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.19-2.025+0.75 * 0+0.5 * 0
=-1.84

* 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.

Black Range Minerals Total Current Assets Related Terms

Black Range Minerals Total Current Assets Historical Data

* Premium members only.

The historical data trend for Black Range 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.

Black Range Minerals Total Current Assets Chart

Black Range Minerals Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.75 8.39 3.02 0.51 1.57

Black Range Minerals Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.97 0.51 0.17 1.57 0.22

Black Range 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.

Black Range Minerals's Total Current Assets for the fiscal year that ended in Jun. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.489+0.034+0+0.044
=1.57

Black Range Minerals's Total Current Assets for the quarter that ended in Dec. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.19+0.028+0+-0.001
=0.22

* 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.

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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of A$0.22 Mil mean?
Black Range Minerals (ASX:BLR) has a Total Current Assets of A$0.22 Mil as of Dec. 2014. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Black Range Minerals and its competitors.
Is Black Range Minerals' Total Current Assets too high?
Black Range Minerals' current Total Current Assets is A$0.22 Mil.
How does Black Range Minerals' Total Current Assets compare to competitors?
Black Range Minerals' Total Current Assets of A$0.22 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Metals & Mining company?
A good Total Current Assets depends on the Metals & Mining industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Black Range Minerals and its competitors. Black Range Minerals's current Total Current Assets is A$0.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Range Minerals stock overvalued right now?
Black Range Minerals (ASX:BLR) has a current Total Current Assets of A$0.22 Mil. The current Total Current Assets is A$0.22 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Black Range Minerals (ASX:BLR), the current Total Current Assets is A$0.22 Mil as of Dec. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Black Range Minerals Business Description

Black Range Minerals Limited is a minerals exploration company, focused on growth through acquisition, exploration and development. The Company is focused on advancing the Taylor Ranch/Hansen uranium project in Colorado towards production.