LNCLF (Lincoln Gold Mining) Total Current Assets : $0.22 Mil (As of Sep. 2024)

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What is Lincoln Gold Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lincoln Gold Mining's total current assets for the quarter that ended in Sep. 2024 was $0.22 Mil.

Lincoln Gold Mining Total Current Assets Historical Data

The historical data trend for Lincoln Gold 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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Lincoln Gold Mining Total Current Assets Chart

Lincoln Gold Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.09

0.13

0.07

0.02

0.03

Lincoln Gold Mining Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															0.03	0.03	0.01	0.41	0.22

Lincoln Gold 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.

Lincoln Gold Mining's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.016	+	0.01	+	0	+	-3.4694469519536E-18
	=	0.03

Lincoln Gold Mining's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.212	+	0.007	+	0	+	0
	=	0.22

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.

Lincoln Gold Mining (OTCPK:LNCLF) 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.

Lincoln Gold Mining's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.212	-	2.404	+	0.75 * 0.007	+	0.5 * 0
=	-2.19

Lincoln Gold Mining Total Current Assets Related Terms

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Lincoln Gold Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lincoln Gold Mining Inc (OTCPK:LNCLF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ZMG:Germany LMG:Canada

Address

789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2

Website

http://www.lincolnmining.com

Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.

Executives

Andrew Milligan	director	5811 MARQUERITE ST, VANCOUVER BC A1 9999999999
Paul F Saxton	director, 10 percent owner, officer: CEO CFO Pres. Sec. & Treasurer	SUITE 350 - 885 DUNSMUIR, VANCOUVER A1 V6C 1N5
Jeffrey Wilson	officer: COO and VP, Exploration	325 TAHOE DRIVE, CARSON CITY NV 89703
Andrew Bowering	director	SUITE 350, 885 DUNSMUIR STREET, VANCOUVER A1 V6C 1N5
James Chapman	director	1455 UPLAND TRAIL, PO BOX J18, BOWEN ISLAND BC A1 999999999
Steven Chi	director	12970 WEST GINGER CREEK DRIVE, BOISE ID 83713
James Currie	director	2077 ESSEX DR, ABBOTSFORD A1 999999999
Alexander Holtermann	10 percent owner	KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598