Wia Gold (ASX:WIA) Total Current Assets : A$7.04 Mil (As of Dec. 2023)

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What is Wia Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Wia Gold's total current assets for the quarter that ended in Dec. 2023 was A$7.04 Mil.

Wia Gold Total Current Assets Historical Data

The historical data trend for Wia Gold'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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Wia Gold Total Current Assets Chart

Wia Gold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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0.68

5.27

3.09

1.43

Wia Gold Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															6.80	3.09	5.59	1.43	7.04

Wia Gold 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.

Wia Gold'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
	=	1.216	+	0.199	+	0	+	0.014
	=	1.43

Wia Gold'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
	=	6.661	+	0.346	+	0	+	0.028
	=	7.04

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.

Wia Gold (ASX:WIA) 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.

Wia Gold'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)
=	6.661	-	0.423	+	0.75 * 0.346	+	0.5 * 0
=	6.50

Wia Gold Total Current Assets Related Terms

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Wia Gold (ASX:WIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wia Gold Ltd (ASX:WIA) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

Level 1, 1318 Hay Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.wiagold.com.au

Wia Gold Ltd is a gold focused explorer with advanced exploration projects in Cote d'Ivoire and a highly prospective land package in Namibia. It explores for Gold in the Birimian greenstones of Cote d'Ivoire and the Damara belt in Namibia. The principal activities of the company were gold and base metals exploration and evaluation in Namibia and Côte d'lvoire.