Azucar Minerals (TSXV:AMZ) Total Current Assets : C$1.49 Mil (As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Azucar Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Azucar Minerals's total current assets for the quarter that ended in Jun. 2024 was C$1.49 Mil.

Azucar Minerals Total Current Assets Historical Data

The historical data trend for Azucar Minerals'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.

* Premium members only.

Azucar Minerals Total Current Assets Chart

Azucar Minerals Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

7.67

4.54

2.18

1.22

1.17

Azucar Minerals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial															1.08	1.20	1.17	1.35	1.49

Azucar Minerals 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.

Azucar Minerals's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.127	+	0.009	+	0	+	0.036
	=	1.17

Azucar Minerals's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.468	+	0.005	+	0	+	0.016
	=	1.49

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.

Azucar Minerals (TSXV:AMZ) 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.

Azucar Minerals's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.468	-	0.026	+	0.75 * 0.005	+	0.5 * 0
=	1.45

Azucar Minerals Total Current Assets Related Terms

Thank you for viewing the detailed overview of Azucar Minerals's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Azucar Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Azucar Minerals Ltd (TSXV:AMZ) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

AXDDF:USA

Address

1333 Johnston Street, Suite 210, Vancouver, BC, CAN, V6H 3R9

Website

https://www.azucarminerals.com

Azucar Minerals Ltd is an exploration company. The company is focused on the exploration of its El Cobre gold-copper porphyry project in Veracruz, Mexico. The company operates in one reportable operating segment, the acquisition and exploration of mineral resource properties in Canada, the United States, and Mexico.

Executives

Lawrence Segerstrom

Senior Officer

Azucar Minerals Headlines

No Headlines