Kore Potash (LSE:KP2) Total Current Assets : £2.14 Mil (As of Jun. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Kore Potash Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Kore Potash's total current assets for the quarter that ended in Jun. 2023 was £2.14 Mil.

Kore Potash Total Current Assets Historical Data

The historical data trend for Kore Potash'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.

* Premium members only.

Kore Potash Total Current Assets Chart

Kore Potash Annual Data

Trend

Dec14

Dec15

Dec16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

6.09

4.30

8.49

4.31

1.39

Kore Potash Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial											8.49	6.31	4.31	2.14	1.39

Kore Potash 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.

Kore Potash'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
	=	4.144	+	0.044	+	0	+	0.12
	=	4.31

Kore Potash's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.024	+	0.111	+	0	+	-4.4408920985006E-16
	=	2.14

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.

Kore Potash (LSE:KP2) 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.

Kore Potash's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.024	-	0.453	+	0.75 * 0.111	+	0.5 * 0
=	1.65

Kore Potash Total Current Assets Related Terms

Thank you for viewing the detailed overview of Kore Potash's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Kore Potash (LSE:KP2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kore Potash PLC (LSE:KP2) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

KP2:South Africa KP1:Germany KP2:Australia

Address

45 Gresham Street, London, GBR, EC2V 7BG

Website

https://www.korepotash.com

Kore Potash PLC is an exploration and development company operating in a single segment which is mineral exploration in Central Africa. The primary asset of the company is the Sintoukola Potash SA (SPSA) project in the Republic of Congo. This project comprises the Kola sylvinite and carnallite deposits, the Dougou Extension sylvinite deposit, and the Dougou carnallite deposit.

Kore Potash (LSE:KP2) Headlines

No Headlines