Bayfield Ventures (FRA:B4N) Total Current Assets : €0.52 Mil (As of Jul. 2014)

View and export this data going back to . Start your Free Trial

What is Bayfield Ventures Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Bayfield Ventures's total current assets for the quarter that ended in Jul. 2014 was €0.52 Mil.

Bayfield Ventures Total Current Assets Historical Data

The historical data trend for Bayfield Ventures'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.

Bayfield Ventures Total Current Assets Chart

Bayfield Ventures Annual Data

Trend

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Total Current Assets

Get a 7-Day Free Trial

0.02

5.93

4.41

2.33

0.34

Bayfield Ventures Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14
Total Current Assets	Get a 7-Day Free Trial															0.92	0.34	0.04	0.13	0.52

Bayfield Ventures 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.

Bayfield Ventures's Total Current Assets for the fiscal year that ended in Oct. 2013 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.255	+	0.067	+	0	+	0.019
	=	0.34

Bayfield Ventures's Total Current Assets for the quarter that ended in Jul. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.488	+	0.006	+	0	+	0.03
	=	0.52

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.

Bayfield Ventures (FRA:B4N) 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.

Bayfield Ventures's Liquidation Value for the quarter that ended in Jul. 2014 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.488	-	1.365	+	0.75 * 0	+	0.5 * 0
=	-0.88

Bayfield Ventures Total Current Assets Related Terms

Thank you for viewing the detailed overview of Bayfield Ventures's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Bayfield Ventures (FRA:B4N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bayfield Ventures Corp (FRA:B4N) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bayfieldventures.com

Bayfield Ventures Corporation is a gold and silver exploration Company. The Company's project includes burns claim block gold-silver project in which it owns 100% of the mineral rights. The property is surrounded by Rainy River Resources property and adjoins the immediate east of Rainy River Resources' ODM17 gold-silver deposit and to the west of their expanding Intrepid gold-silver zone. It also holds interest in Red lake gold camp and Baird gold properties.

Bayfield Ventures (FRA:B4N) Headlines

No Headlines