Javelin Minerals (ASX:JAV) Total Current Assets : A$0.15 Mil (As of Dec. 2023)

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What is Javelin Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Javelin Minerals's total current assets for the quarter that ended in Dec. 2023 was A$0.15 Mil.

Javelin Minerals Total Current Assets Historical Data

The historical data trend for Javelin 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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Javelin Minerals Total Current Assets Chart

Javelin Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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0.21

0.94

1.10

2.71

0.61

Javelin Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															23.39	2.71	1.68	0.61	0.15

Javelin 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.

Javelin 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
	=	0.445	+	0.092	+	0	+	0.071
	=	0.61

Javelin Minerals'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
	=	0.067	+	0.074	+	0	+	0.011
	=	0.15

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.

Javelin Minerals (ASX:JAV) 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.

Javelin Minerals'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)
=	0.067	-	0.373	+	0.75 * 0.074	+	0.5 * 0
=	-0.25

Javelin Minerals Total Current Assets Related Terms

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Javelin Minerals (ASX:JAV) Business Description

Industry

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

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Traded in Other Exchanges

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Address

141 St Georges Terrace, Level 14, Westralia Square, Perth, WA, AUS, 6000

Website

https://www.javelinminerals.com.au

Javelin Minerals Ltd formerly Victory Mines Ltd is engaged in the mineral exploration company. Its projects are Bonaparte; Coogee Gold; Malamute and Husky; Copper Mountain and Galah Well and Peperill Hill Projects. The company's operating segment includes Mineral exploration and development in Western Australia and New South Wales. Geographically, it operates only in Australia.

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