Lycaon Resources (ASX:LYN) Total Current Assets : A$2.81 Mil (As of Dec. 2023)

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What is Lycaon Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lycaon Resources's total current assets for the quarter that ended in Dec. 2023 was A$2.81 Mil.

Lycaon Resources Total Current Assets Historical Data

The historical data trend for Lycaon 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.

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Lycaon Resources Total Current Assets Chart

Lycaon Resources Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Total Current Assets

4.50

3.83

2.72

4.72

Lycaon Resources Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial			3.83	3.14	2.72	2.81	4.72

Lycaon 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.

Lycaon 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
	=	4.655	+	0	+	0	+	0.064
	=	4.72

Lycaon 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
	=	2.607	+	0	+	0	+	0.198
	=	2.81

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.

Lycaon Resources (ASX:LYN) 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.

Lycaon 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)
=	2.607	-	0.107	+	0.75 * 0	+	0.5 * 0
=	2.50

Lycaon Resources Total Current Assets Related Terms

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Lycaon Resources Business Description

Industry

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Traded in Other Exchanges

N/A

Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.lycaonresources.com

Lycaon Resources Ltd is engaged in the exploration and development of mineral resource opportunities. It operates through three projects West Arunta, Bow River and Myrnas project.

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