Taiton Resources (ASX:T88) Total Current Assets : A$0.24 Mil (As of Dec. 2024)

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What is Taiton Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Taiton Resources's total current assets for the quarter that ended in Dec. 2024 was A$0.24 Mil.

Taiton Resources Total Current Assets Historical Data

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

Taiton Resources Annual Data

Trend

Jun22

Jun23

Jun24

Total Current Assets

0.33

4.74

1.24

Taiton Resources Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial			6.49	4.74	2.67	1.24	0.24

Taiton 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.

Taiton 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
	=	1.16	+	0.024	+	0	+	0.059
	=	1.24

Taiton 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
	=	0.214	+	0.021	+	0	+	0.001
	=	0.24

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.

Taiton Resources (ASX:T88) 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.

Taiton 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)
=	0.214	-	0.144	+	0.75 * 0.021	+	0.5 * 0
=	0.09

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Taiton Resources Business Description

Industry

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Traded in Other Exchanges

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Address

200 Queen Street, Level 13, Melbourne, VIC, AUS, 3000

Website

https://www.taiton.com.au

Taiton Resources Ltd is an early-stage mineral exploration focused on discovering large-scale mineral deposits in South Australia and Western Australia. The firm has a focus on Australian gold and other polymetallic commodities. It holds interest in Lake Barlee Project, Highway Project, and Challenger West Prospect. The Group is engaged only in one segment being mineral exploration and operates only in Australia.

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