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Avocet Mining (Avocet Mining) Total Current Assets : $1.87 Mil (As of Jun. 2018)


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What is Avocet Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Avocet Mining's total current assets for the quarter that ended in Jun. 2018 was $1.87 Mil.


Avocet Mining Total Current Assets Historical Data

The historical data trend for Avocet 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.

* Premium members only.

Avocet Mining Total Current Assets Chart

Avocet Mining Annual Data
Trend Mar08 Mar09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.09 54.32 29.78 24.82 20.42

Avocet Mining Semi-Annual Data
Mar08 Sep08 Mar09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 Premium Member Only Premium Member Only 23.68 24.82 20.42 20.42 1.87

Avocet 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.

Avocet Mining's Total Current Assets for the fiscal year that ended in Dec. 2017 is calculated as

Avocet Mining's Total Current Assets for the quarter that ended in Jun. 2018 is calculated as

* 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.


Avocet Mining  (OTCPK:AVVGY) 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.

Avocet Mining's Liquidation Value for the quarter that ended in Jun. 2018 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.832-32.117+0.75 * 0+0.5 * 0
=-30.29

* 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.


Avocet Mining Total Current Assets Related Terms

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Avocet Mining (Avocet Mining) Business Description

Traded in Other Exchanges
N/A
Address
15 Old Bailey, 5th Floor, London, GBR, EC4M 7EF
Avocet Mining PLC is a West African gold mining and exploration company. It focuses on the evaluation and development of gold and other mineral resources.

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