Sinovus Mining (ASX:SNV) Total Current Assets: A$0.02 Mil (As of Dec. 2015)


What is Sinovus Mining Total Current Assets?

Sinovus Mining ASX:SNV Total Current Assets is A$0.02 Mil as of Dec. 2015. The stock has 4 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sinovus Mining's total current assets for the quarter that ended in Dec. 2015 was A$0.02 Mil.

Sinovus Mining  (ASX:SNV) 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.

Sinovus Mining's Liquidation Value for the quarter that ended in Dec. 2015 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.001-0.737+0.75 * 0.014+0.5 * 0
=-0.73

* 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.

Sinovus Mining Total Current Assets Related Terms

Sinovus Mining Total Current Assets Historical Data

* Premium members only.

The historical data trend for Sinovus Mining'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.

Sinovus Mining Total Current Assets Chart

Sinovus Mining Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 1.26 0.62 0.10 0.03 0.04

Sinovus Mining Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.04 0.03 0.02 0.04

Sinovus Mining 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.

Sinovus Mining's Total Current Assets for the fiscal year that ended in Jun. 2016 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.017+0.007+0+0.014
=0.04

Sinovus Mining's Total Current Assets for the quarter that ended in Dec. 2015 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.001+0.014+0+0
=0.02

* 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.

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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of A$0.02 Mil mean?
Sinovus Mining (ASX:SNV) has a Total Current Assets of A$0.02 Mil as of Dec. 2015. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Sinovus Mining and its competitors.
Is Sinovus Mining's Total Current Assets too high?
Sinovus Mining's current Total Current Assets is A$0.02 Mil.
How does Sinovus Mining's Total Current Assets compare to competitors?
Sinovus Mining's Total Current Assets of A$0.02 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Metals & Mining company?
A good Total Current Assets depends on the Metals & Mining industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Sinovus Mining and its competitors. Sinovus Mining's current Total Current Assets is A$0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinovus Mining stock overvalued right now?
Sinovus Mining (ASX:SNV) has a current Total Current Assets of A$0.02 Mil. The current Total Current Assets is A$0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Sinovus Mining (ASX:SNV), the current Total Current Assets is A$0.02 Mil as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sinovus Mining Business Description

Address 32 Martin Place, Level 10, Sydney, NSW, AUS, 2000
Sinovus Mining Ltd is a mineral resource company. It engaged in developing its gold assets in the Heilongjiang region of north-eastern China. The Company's main projects include: Xiangguang Silver Project, Laogouxi Gold Project, YangShan Coal Mine and Paltar Petroleum Limited.