Tombstone Exploration (Tombstone Exploration) Total Current Assets : $0.35 Mil (As of Dec. 2021)

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What is Tombstone Exploration Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tombstone Exploration's total current assets for the quarter that ended in Dec. 2021 was $0.35 Mil.

Tombstone Exploration Total Current Assets Historical Data

The historical data trend for Tombstone Exploration'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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Tombstone Exploration Total Current Assets Chart

Tombstone Exploration Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Current Assets

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0.05

0.04

0.47

0.18

0.35

Tombstone Exploration Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Total Current Assets	Get a 7-Day Free Trial															0.05	0.04	0.47	0.18	0.35

Tombstone Exploration 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.

Tombstone Exploration's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.167	+	0.18	+	0	+	0
	=	0.35

Tombstone Exploration's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.167	+	0.18	+	0	+	0
	=	0.35

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.

Tombstone Exploration (OTCPK:TMBXF) 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.

Tombstone Exploration's Liquidation Value for the quarter that ended in Dec. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.167	-	0.845	+	0.75 * 0	+	0.5 * 0
=	-0.68

Tombstone Exploration Total Current Assets Related Terms

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Tombstone Exploration (Tombstone Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tombstone Exploration Corp (OTCPK:TMBXF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6529 E. Friess Drive, Scottsdale, AZ, USA, 85254

Website

https://www.tombstonemining.com

Tombstone Exploration Corp is an exploration-stage mineral resource company. Its focus of operations has been to generate revenue from the production of silver and gold as well as additional base minerals such as copper, lead, and zinc. The company's objective is to produce metals and minerals below standard industry costs. It holds mineral rights to the Stardust mine located in Yuma County, Arizona. The company's projects include The Bonanza Project, The Tombstone Project, and the Stardust Project.