Borealis Mining Co (FRA:L4B0) Total Current Assets : €2.75 Mil (As of Jan. 2025)

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What is Borealis Mining Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Borealis Mining Co's total current assets for the quarter that ended in Jan. 2025 was €2.75 Mil.

Borealis Mining Co Total Current Assets Historical Data

The historical data trend for Borealis Mining Co'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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Borealis Mining Co Total Current Assets Chart

Borealis Mining Co Annual Data

Trend

Jul23

Jul24

Total Current Assets

1.50

4.38

Borealis Mining Co Quarterly Data
	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Current Assets	Get a 7-Day Free Trial			-	6.19	4.38	3.02	2.75

Borealis Mining Co 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.

Borealis Mining Co's Total Current Assets for the fiscal year that ended in Jul. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.429	+	0.119	+	1.207	+	0.624
	=	4.38

Borealis Mining Co's Total Current Assets for the quarter that ended in Jan. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.623	+	0.226	+	0.879	+	1.021
	=	2.75

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.

Borealis Mining Co (FRA:L4B0) 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.

Borealis Mining Co's Liquidation Value for the quarter that ended in Jan. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.623	-	12.111	+	0.75 * 0.226	+	0.5 * 0.879
=	-10.88

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Borealis Mining Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Borealis Mining Co Ltd (FRA:L4B0) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

L4B0:Germany BOGO:Canada

Address

410 West Georgia Street, 5th Floor, Vancouver, BC, CAN, V6B 1Z3

Website

https://www.borealismining.com

Borealis Mining Co Ltd is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties. The company's principal project is the Borealis Project which is a fully permitted silver-gold mine, absorption, desorption, and refining plant, located near Hawthorne, Nevada.

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