Rubix Resources (ASX:RB6) Total Current Assets : A$1.73 Mil (As of Dec. 2024)

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What is Rubix Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rubix Resources's total current assets for the quarter that ended in Dec. 2024 was A$1.73 Mil.

Rubix Resources Total Current Assets Historical Data

The historical data trend for Rubix 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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Rubix Resources Total Current Assets Chart

Rubix Resources Annual Data

Trend

Jun22

Jun23

Jun24

Total Current Assets

3.88

2.50

2.38

Rubix Resources Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial			2.92	2.50	2.94	2.38	1.73

Rubix 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.

Rubix 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
	=	2.347	+	0.017	+	0	+	0.013
	=	2.38

Rubix 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
	=	1.672	+	0.019	+	0	+	0.042
	=	1.73

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.

Rubix Resources (ASX:RB6) 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.

Rubix 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)
=	1.672	-	0.122	+	0.75 * 0.019	+	0.5 * 0
=	1.56

Rubix Resources Total Current Assets Related Terms

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Rubix Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rubix Resources Ltd (ASX:RB6) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.rubixresources.com.au

Rubix Resources Ltd is an exploration and mining company. It explores copper, nickel, zinc and gold minerals. The firm is engaged in the exploration of the Paperbark Project which is located near the Gulf of Carpentaria of Northwest Queensland, Australia. Etheridge Project is located in the Etheridge Goldfield of Georgetown Inlier, north Queensland. The Lake Johnston Project is located approximately 105km west of Norseman and covers the large salt pans of Lake Johnston. The Collurabbie North Project is located in the North-Eastern Goldfields Province of Western Australia. It has only one operating segment, being mineral exploration.

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