GQMLF (Ongwe Minerals) Total Current Assets: $3.76 Mil (As of Mar. 2026)


GQMLF Ongwe Minerals Inc GQMLF
12 GF Score
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What is Ongwe Minerals Total Current Assets?

Ongwe Minerals GQMLF 12 Total Current Assets is $3.76 Mil as of Mar. 2026. GuruFocus rates GQMLF with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ongwe Minerals's total current assets for the quarter that ended in Mar. 2026 was $3.76 Mil.

Ongwe Minerals  (OTCPK:GQMLF) 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.

Ongwe Minerals's Liquidation Value for the quarter that ended in Mar. 2026 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.405-2.189+0.75 * 0+0.5 * 0
=1.22

* 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.

Ongwe Minerals Total Current Assets Related Terms

Ongwe Minerals Total Current Assets Historical Data

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The historical data trend for Ongwe Minerals'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.

Ongwe Minerals Total Current Assets Chart

Ongwe Minerals Annual Data
Trend Dec23 Dec24 Dec25
Total Current Assets
3.19 0.03 2.14

Ongwe Minerals Quarterly Data
Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Total Current Assets Get a 7-Day Free Trial 0.03 0.00 2.26 2.14 3.76
GQMLF
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Ongwe Minerals Inc GQMLF
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ongwe Minerals 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.

Ongwe Minerals's Total Current Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.001+0.033+0+2.107
=2.14

Ongwe Minerals's Total Current Assets for the quarter that ended in Mar. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=3.405+0.288+0+0.068000000000001
=3.76

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $3.76 Mil mean?
Ongwe Minerals (GQMLF) has a Total Current Assets of $3.76 Mil as of Mar. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Ongwe Minerals and its competitors.
Is Ongwe Minerals' Total Current Assets too high?
Ongwe Minerals' current Total Current Assets is $3.76 Mil. Overall, Ongwe Minerals has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ongwe Minerals' Total Current Assets compare to NEM and AU?
Ongwe Minerals' Total Current Assets of $3.76 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Metals & Mining company?
A good Total Current Assets depends on the Metals & Mining industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Ongwe Minerals and its competitors. Ongwe Minerals's current Total Current Assets is $3.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ongwe Minerals stock overvalued right now?
Ongwe Minerals (GQMLF) has a current Total Current Assets of $3.76 Mil. The current Total Current Assets is $3.76 Mil. Ongwe Minerals' overall GF Score™ is 12/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Ongwe Minerals (GQMLF), the current Total Current Assets is $3.76 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ongwe Minerals Business Description

Other Exchanges OGW:Canada
Address 1890 - 1075 West Georgia Street, Vancouver, BC, CAN, V6E 3C9
Ongwe Minerals Inc is engaged in the exploration business focused on discovery and development of new gold systems in Namibia. In Namibia, it is focused on the Khorixas Gold Project, Omatjete Gold and Lithium Project, Outjo Gold Project where exploration has identified gold prospects, and activities include soil and bedrock sampling, drone magnetic surveys, and geological mapping.
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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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