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Diablo Resources (ASX:DBO) Total Current Assets : A$0.61 Mil (As of Dec. 2024)


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What is Diablo Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Diablo Resources's total current assets for the quarter that ended in Dec. 2024 was A$0.61 Mil.

Diablo Resources Total Current Assets Historical Data

The historical data trend for Diablo 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.

Diablo Resources Total Current Assets Chart

Diablo Resources Annual Data
Trend Jun22 Jun23 Jun24
Total Current Assets
4.26 3.03 0.82

Diablo Resources Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Assets Get a 7-Day Free Trial 3.33 3.03 1.21 0.82 0.61

Diablo 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.

Diablo Resources's Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.794+0.013+0+0.015
=0.82

Diablo Resources'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
=0.533+0+0+0.074
=0.61

* 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.

Diablo Resources  (ASX:DBO) 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.

Diablo Resources'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)
=0.533-0.355+0.75 * 0+0.5 * 0
=0.18

* 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.

Diablo Resources Total Current Assets Related Terms

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Diablo Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Diablo Resources Ltd (ASX:DBO) » Definitions » Total Current Assets
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Traded in Other Exchanges
DBORF:USA
Address
10 Outram Street, Level 2, West Perth, Perth, WA, AUS, 6005
Website
https://www.diabloresources.com.au
Diablo Resources Ltd is a mining exploration company. It has an interest in the Devils Canyon Gold Project located on the Carlin Gold trend in Nevada; the Western Desert Gold Project located in Western Utah near the Nevada border; Devils Canyon Project and the Lone Pine Gold Project located west of Salmon, Idaho.