Maple Gold Mines (FRA:M3G) Total Current Assets : €2.50 Mil (As of Mar. 2024)

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What is Maple Gold Mines Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Maple Gold Mines's total current assets for the quarter that ended in Mar. 2024 was €2.50 Mil.

Maple Gold Mines Total Current Assets Historical Data

The historical data trend for Maple Gold Mines'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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Maple Gold Mines Total Current Assets Chart

Maple Gold Mines Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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3.39

3.61

13.47

15.28

7.42

Maple Gold Mines Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Mar24
Total Current Assets	Get a 7-Day Free Trial															12.03	7.42	6.47	4.05	2.50

Maple Gold Mines 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.

Maple Gold Mines's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.781	+	0.356	+	0	+	0.285
	=	7.42

Maple Gold Mines's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.833	+	0.443	+	0	+	0.223
	=	2.50

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.

Maple Gold Mines (FRA:M3G) 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.

Maple Gold Mines's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.833	-	0.75	+	0.75 * 0.349	+	0.5 * 0
=	1.34

Maple Gold Mines Total Current Assets Related Terms

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Maple Gold Mines (FRA:M3G) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maple Gold Mines Ltd (FRA:M3G) » Definitions » Total Current Assets

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MGMLF:USA MGM:Canada

Address

600 - 1111 West Hastings Street, 6th Floor, Vancouver, BC, CAN, V6E 2J3

Website

https://www.maplegoldmines.com

Maple Gold Mines Ltd is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Ltd to jointly advance the district-scale Douay and Joutel gold projects located in Quebec's prolific Abitibi Greenstone Gold Belt. The district-scale property package also hosts a significant number of regional exploration targets along a 55 km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the project ripe for new gold and polymetallic discoveries. Its segment includes mineral exploration in Canada. The company is well-capitalized and is currently focused on carrying out exploration and drill programs to grow resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi.

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