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Caspin Resources (ASX:CPN) Total Current Assets : A$2.45 Mil (As of Dec. 2023)


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What is Caspin Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Caspin Resources's total current assets for the quarter that ended in Dec. 2023 was A$2.45 Mil.

Caspin Resources Total Current Assets Historical Data

The historical data trend for Caspin Resources'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.

* Premium members only.

Caspin Resources Total Current Assets Chart

Caspin Resources Annual Data
Trend Jun21 Jun22 Jun23
Total Current Assets
5.89 9.17 4.47

Caspin Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial 12.29 9.17 4.70 4.47 2.45

Caspin Resources 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.

Caspin Resources'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
=4.127+0.341+0+0
=4.47

Caspin Resources's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.192+0.256+0+-4.4408920985006E-16
=2.45

* 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.

Caspin Resources  (ASX:CPN) 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.

Caspin Resources's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.192-0.404+0.75 * 0.256+0.5 * 0
=1.98

* 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.

Caspin Resources Total Current Assets Related Terms

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Caspin Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Caspin Resources Ltd (ASX:CPN) » Definitions » Total Current Assets
Comparable Companies
ASX:CBE ASX:FRB ASX:LGM ASX:EMC ASX:CUF ASX:ANX ASX:CAZ ASX:EVG ASX:IMI ASX:CHW ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
675 Murray Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
Website
https://www.caspin.com.au
Caspin Resources Ltd is a mining company engaged in mineral exploration and assessment of mineral projects. The company operates geographically in Australia. Its projects include Mount Squires Gold Project; and Yarawindah Brook Project which is focused on nickel, copper, cobalt, and gold mining.

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