SWYDF (Stornoway Diamond) Total Current Assets: $65.7 Mil (As of Jun. 2019)


What is Stornoway Diamond Total Current Assets?

Stornoway Diamond SWYDF Total Current Assets is $65.7 Mil as of Jun. 2019.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Stornoway Diamond's total current assets for the quarter that ended in Jun. 2019 was $65.7 Mil.

Stornoway Diamond  (OTCPK:SWYDF) 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.

Stornoway Diamond's Liquidation Value for the quarter that ended in Jun. 2019 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=16.056-519.431+0.75 * 4.208+0.5 * 43.634
=-478.4

* 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.

Stornoway Diamond Total Current Assets Related Terms

Stornoway Diamond Total Current Assets Historical Data

* Premium members only.

The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Total Current Assets Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.84 307.92 98.89 109.47 88.86

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 57.57 43.22 88.86 78.86 65.73

Stornoway Diamond 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.

Stornoway Diamond's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=26.642+11.131+50.263+0.821
=88.9

Stornoway Diamond's Total Current Assets for the quarter that ended in Jun. 2019 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=16.056+4.208+43.634+1.827
=65.7

* 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 $65.7 Mil mean?
Stornoway Diamond (SWYDF) has a Total Current Assets of $65.7 Mil as of Jun. 2019. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Stornoway Diamond and its competitors.
Is Stornoway Diamond's Total Current Assets too high?
Stornoway Diamond's current Total Current Assets is $65.7 Mil.
How does Stornoway Diamond's Total Current Assets compare to DYNR and CTDT?
Stornoway Diamond's Total Current Assets of $65.7 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 Stornoway Diamond and its competitors. Stornoway Diamond's current Total Current Assets is $65.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current Total Current Assets of $65.7 Mil. The current Total Current Assets is $65.7 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 Stornoway Diamond (SWYDF), the current Total Current Assets is $65.7 Mil as of Jun. 2019. 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.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.