Lexston Mining (FRA:W5G) Total Current Assets : €0.11 Mil (As of Feb. 2024)

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What is Lexston Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lexston Mining's total current assets for the quarter that ended in Feb. 2024 was €0.11 Mil.

Lexston Mining Total Current Assets Historical Data

The historical data trend for Lexston 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.

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Lexston Mining Total Current Assets Chart

Lexston Mining Annual Data

Trend

May21

May22

May23

Total Current Assets

0.67

0.60

0.52

Lexston Mining Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Current Assets	Get a 7-Day Free Trial									0.56	0.52	0.45	0.36	0.11

Lexston 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.

Lexston Mining's Total Current Assets for the fiscal year that ended in May. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.348	+	0.004	+	0	+	0.164
	=	0.52

Lexston Mining's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.073	+	0.005	+	0	+	0.031
	=	0.11

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.

Lexston Mining (FRA:W5G) 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.

Lexston Mining's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.073	-	0.021	+	0.75 * 0	+	0.5 * 0
=	0.05

Lexston Mining Total Current Assets Related Terms

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Lexston Mining (FRA:W5G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lexston Mining Corp (FRA:W5G) » Definitions » Total Current Assets

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LEXTF:USA LEXT:Canada

Address

789 West Pender Street, Suite 1150, Vancouver, BC, CAN, V6C 1H2

Website

https://www.lexston.ca

Lexston Mining Corp is a Canadian mineral exploration company focused on the acquisition and development of mineral projects, with the objective to enhance value to all its stakeholders.

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