Torex Gold Resources (TSX:TXG) Total Current Assets : C$518 Mil (As of Dec. 2024)

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What is Torex Gold Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Torex Gold Resources's total current assets for the quarter that ended in Dec. 2024 was C$518 Mil.

Torex Gold Resources Total Current Assets Historical Data

The historical data trend for Torex Gold 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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Torex Gold Resources Total Current Assets Chart

Torex Gold Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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476.37

580.99

763.34

544.02

518.16

Torex Gold Resources Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															544.02	476.06	474.19	466.39	518.16

Torex Gold 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.

Torex Gold Resources's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	157.002	+	120.387	+	213.847	+	26.927
	=	518

Torex Gold Resources's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	157.002	+	120.387	+	213.847	+	26.927
	=	518

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.

Torex Gold Resources (TSX:TXG) 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.

Torex Gold Resources's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	157.002	-	725.03	+	0.75 * 20.943	+	0.5 * 213.847
=	-445

Torex Gold Resources Total Current Assets Related Terms

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Torex Gold Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torex Gold Resources Inc (TSX:TXG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

TORXF:USA TXG1:Mexico 0VL5:UK 73GN:Germany

Address

130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2

Website

https://www.torexgold.com

Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project.

Executives

Faysal Abhem Rodriguez Valenzuela	Senior Officer
Caroline Donally	Director
Rodrigo Sandoval Navarro	Director
David Stefanuto	Senior Officer
Jay C. Kellerman	Director
Jennifer Jeene Hooper	Director
Daniel James Thomas Rollins	Senior Officer
Angela Mary Robson	Senior Officer
Jody Lynne Mary Kuzenko	Senior Officer
Rosalie C. Moore	Director
Roy Stephen Slack	Director
Richard Allan Howes	Director
Andrew Peter Snowden	Senior Officer
Robin Anne Bienenstock	Director
Harold Bernard Loyer	Director or Senior Officer of 10% Security Holder