Rafex Gold (Rafex Gold) Total Current Assets : $0.01 Mil (As of Sep. 2023)

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What is Rafex Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rafex Gold's total current assets for the quarter that ended in Sep. 2023 was $0.01 Mil.

Rafex Gold Total Current Assets Historical Data

The historical data trend for Rafex Gold'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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Rafex Gold Total Current Assets Chart

Rafex Gold Annual Data

Trend

Total Current Assets

Rafex Gold Quarterly Data
	Sep22	Sep23
Total Current Assets	-	0.01

Rafex Gold 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.

Rafex Gold's Total Current Assets for the fiscal year that ended in . 20 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=		+		+		+
	=	0.00

Rafex Gold's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0	+	0	+	0.007
	=	0.01

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.

Rafex Gold (OTCPK:RAFX) 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.

Rafex Gold's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.001	-	0.03	+	0.75 * 0	+	0.5 * 0
=	-0.03

Rafex Gold Total Current Assets Related Terms

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Rafex Gold (Rafex Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Rafex Gold Corp (OTCPK:RAFX) » Definitions » Total Current Assets

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Traded in Other Exchanges

N/A

Address

1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001

Website

https://sakhaenterprises.wordpress.com

Rafex Gold Corp, formerly Sakha Enterprises Corp is a shell company.

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