Mont Royal Resources (ASX:MRZ) Total Current Assets : A$3.74 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Mont Royal Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mont Royal Resources's total current assets for the quarter that ended in Dec. 2023 was A$3.74 Mil.

Mont Royal Resources Total Current Assets Historical Data

The historical data trend for Mont Royal 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.

Mont Royal Resources Total Current Assets Chart

Mont Royal Resources Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Total Current Assets

3.64

2.49

5.23

3.53

Mont Royal Resources Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial				5.21	5.23	4.13	3.53	3.74

Mont Royal 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.

Mont Royal 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
	=	2.26	+	1.238	+	0	+	0.029
	=	3.53

Mont Royal 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
	=	1.889	+	1.829	+	0	+	0.017
	=	3.74

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.

Mont Royal Resources (ASX:MRZ) 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.

Mont Royal 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)
=	1.889	-	0.397	+	0.75 * 1.829	+	0.5 * 0
=	2.86

Mont Royal Resources Total Current Assets Related Terms

Thank you for viewing the detailed overview of Mont Royal Resources's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Mont Royal Resources (ASX:MRZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mont Royal Resources Ltd (ASX:MRZ) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Bligh Street, Level 8, Sydney, NSW, AUS, 2000

Website

https://www.montroyalres.com

Mont Royal Resources Ltd is an Australia-based mineral exploration company. It is involved in the acquisition, exploration and development of mineral resource projects. The company's project includes the Wapatik Gold-Copper Project in Quebec, Canada, and the Northern Lights Minerals Pty Ltd in the Upper Eastmain Greenstone Belt in Quebec, Canada.

Mont Royal Resources (ASX:MRZ) Headlines

No Headlines