Tinka Resources (Tinka Resources) Total Current Assets : $4.30 Mil (As of Dec. 2023)

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What is Tinka Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tinka Resources's total current assets for the quarter that ended in Dec. 2023 was $4.30 Mil.

Tinka Resources Total Current Assets Historical Data

The historical data trend for Tinka 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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Tinka Resources Total Current Assets Chart

Tinka Resources Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Total Current Assets

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11.01

5.28

15.83

9.31

13.46

Tinka Resources Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Total Current Assets	Get a 7-Day Free Trial															14.76	13.46	10.94	8.73	4.30

Tinka 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.

Tinka Resources'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
	=	7.194	+	0.01	+	0	+	6.256
	=	13.46

Tinka Resources's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.238	+	0.013	+	0	+	0.053
	=	4.30

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.

Tinka Resources (OTCPK:TKRFF) 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.

Tinka Resources's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.238	-	0.423	+	0.75 * 0	+	0.5 * 0
=	3.82

Tinka Resources Total Current Assets Related Terms

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Tinka Resources (Tinka Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tinka Resources Ltd (OTCPK:TKRFF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

TLD:Germany TK:Canada

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

https://www.tinkaresources.com

Tinka Resources Ltd is a junior mineral exploration company that is engaged in the acquisition and exploration of precious and base metals on mineral properties located in Peru. It explores zinc, silver, lead, tin, copper, and gold deposits. The company's projects include Ayawilca Zinc Zone, Colqui Silver Zone, Ayawilca Tin Zone, and Silvia Copper-Gold Project.