Resolution Minerals (ASX:RML) Total Current Assets : A$0.31 Mil (As of Dec. 2024)

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What is Resolution Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Resolution Minerals's total current assets for the quarter that ended in Dec. 2024 was A$0.31 Mil.

Resolution Minerals Total Current Assets Historical Data

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

Resolution Minerals Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Current Assets

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2.19

1.79

2.42

1.66

0.59

Resolution Minerals Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial										2.29	1.66	0.57	0.59	0.31

Resolution 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.

Resolution Minerals'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
	=	0.239	+	0.311	+	0	+	0.038
	=	0.59

Resolution Minerals'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
	=	0.229	+	0	+	0	+	0.078
	=	0.31

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.

Resolution Minerals (ASX:RML) 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.

Resolution Minerals'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)
=	0.229	-	0.673	+	0.75 * 0	+	0.5 * 0
=	-0.44

Resolution Minerals Total Current Assets Related Terms

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Resolution Minerals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RLMLF:USA NC3:Germany

Address

91 William Street, Level 21, Adelaide, SA, AUS, 5000

Website

https://www.resolutionminerals.com

Resolution Minerals Ltd is a resource company engaged in the acquisition, exploration, and development of precious battery metals such as gold, copper, cobalt, and vanadium. Its activities include exploration for gold and nickel in Alaska (USA), battery metals in the Northern Territory and both uranium and silica sand in South Australia. The project portfolio of the company includes Wollogorang Project, 64North Project, Benmara Project, and Carrara Range Project, Northern Territory, New Energy Metal Project.

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