SLMZF (Bronco Resources) Total Current Assets : $0.01 Mil (As of Apr. 2024)

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What is Bronco Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Bronco Resources's total current assets for the quarter that ended in Apr. 2024 was $0.01 Mil.

Bronco Resources Total Current Assets Historical Data

The historical data trend for Bronco Resources'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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Bronco Resources Total Current Assets Chart

Bronco Resources Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Current Assets

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0.08

0.05

1.07

0.28

0.03

Bronco Resources Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Total Current Assets	Get a 7-Day Free Trial															0.04	0.03	0.02	0.02	0.01

Bronco Resources 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.

Bronco Resources's Total Current Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.023	+	0.002	+	0	+	0
	=	0.03

Bronco Resources's Total Current Assets for the quarter that ended in Apr. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.012	+	0.001	+	0	+	-1.7347234759768E-18
	=	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.

Bronco Resources (OTCPK:SLMZF) 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.

Bronco Resources's Liquidation Value for the quarter that ended in Apr. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.012	-	0.124	+	0.75 * 0.001	+	0.5 * 0
=	-0.11

Bronco Resources Total Current Assets Related Terms

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Bronco Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bronco Resources Corp (OTCPK:SLMZF) » Definitions » Total Current Assets

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DMR:Canada

Address

1632 Dickson Avenue, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.damaragoldcorp.com

Damara Gold Corp is a Canada-based exploration-stage company. The business activity of the group includes the exploration and development of mineral property in Namibia. It mainly explores for gold minerals. The company holds an interest in the Princeton Property that comprises approximately 22 mineral claims covering approximately 8,955 hectares located approximately 35km south of Princeton, British Columbia. The company also has two Properties which are Palcer Mountain Property and Vanlab Property.

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