Akobo Minerals AB (OSL:AKOBO) Total Current Assets : kr38.63 Mil (As of Dec. 2024)

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What is Akobo Minerals AB Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Akobo Minerals AB's total current assets for the quarter that ended in Dec. 2024 was kr38.63 Mil.

Akobo Minerals AB Total Current Assets Historical Data

The historical data trend for Akobo Minerals AB'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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Akobo Minerals AB Total Current Assets Chart

Akobo Minerals AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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21.37

35.23

59.80

18.71

38.63

Akobo Minerals AB Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial												36.67	18.71	39.13	16.11	38.63

Akobo Minerals AB 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.

Akobo Minerals AB's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	28.941	+	9.69	+	0	+	0
	=	38.63

Akobo Minerals AB's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	28.941	+	9.69	+	0	+	0
	=	38.63

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.

Akobo Minerals AB (OSL:AKOBO) 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.

Akobo Minerals AB's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	28.941	-	289.912	+	0.75 * 1.512	+	0.5 * 0
=	-259.84

Akobo Minerals AB Total Current Assets Related Terms

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Akobo Minerals AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Akobo Minerals AB (OSL:AKOBO) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

Sodra Allegatan 13, Gothenburg, SWE, 413 01

Website

https://www.akobominerals.com

Akobo Minerals AB is a Scandinavian gold exploration and mining company. The company focuses on developing the Segele gold deposit and the Joru gold deposit.

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