OREAF (Orea Mining) Total Current Assets: $0.38 Mil (As of Jun. 2023)

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What is Orea Mining Total Current Assets?

Orea Mining OREAF -90.00% Total Current Assets is $0.38 Mil as of Jun. 2023.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Orea Mining's total current assets for the quarter that ended in Jun. 2023 was $0.38 Mil.

Orea Mining  (OTCPK:OREAF) 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.

Orea Mining'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)
=0.34-0.87+0.75 * 0+0.5 * 0
=-0.53

* 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.

Orea Mining Total Current Assets Related Terms

Orea Mining Total Current Assets Historical Data

* Premium members only.

The historical data trend for Orea 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.

Orea Mining Total Current Assets Chart

Orea Mining Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 1.18 3.32 1.78 0.17

Orea Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.17 0.26 0.76 0.38

Orea 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.

Orea Mining's Total Current Assets for the fiscal year that ended in Sep. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.1+0.016+0+0.055
=0.17

Orea Mining'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
=0.34+0.016+0+0.025
=0.38

* 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 $0.38 Mil mean?
Orea Mining (OREAF) has a Total Current Assets of $0.38 Mil as of Jun. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Orea Mining and its competitors.
Is Orea Mining's Total Current Assets too high?
Orea Mining's current Total Current Assets is $0.38 Mil.
How does Orea Mining's Total Current Assets compare to RNGG and NEM?
Orea Mining's Total Current Assets of $0.38 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 Orea Mining and its competitors. Orea Mining's current Total Current Assets is $0.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orea Mining stock overvalued right now?
Orea Mining (OREAF) has a current Total Current Assets of $0.38 Mil. The current Total Current Assets is $0.38 Mil. 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 Orea Mining (OREAF), the current Total Current Assets is $0.38 Mil as of Jun. 2023. 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.

Orea Mining Business Description

Address 1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Orea Mining Corp is engaged in exploration and development of mineral properties. It explores gold properties located in French Guiana.