Hercules Silver (TSXV:BIG) Total Current Assets : C$24.54 Mil (As of Mar. 2024)

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What is Hercules Silver Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hercules Silver's total current assets for the quarter that ended in Mar. 2024 was C$24.54 Mil.

Hercules Silver Total Current Assets Historical Data

The historical data trend for Hercules Silver'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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Hercules Silver Total Current Assets Chart

Hercules Silver Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

0.27

1.32

1.88

1.98

25.09

Hercules Silver Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial												1.98	2.50	3.32	25.09	24.54

Hercules Silver 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.

Hercules Silver'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
	=	24.578	+	0.168	+	0	+	0.342
	=	25.09

Hercules Silver's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	24.287	+	0.028	+	0	+	0.228
	=	24.54

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.

Hercules Silver (TSXV:BIG) 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.

Hercules Silver's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	24.287	-	0.892	+	0.75 * 0	+	0.5 * 0
=	23.40

Hercules Silver Total Current Assets Related Terms

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Hercules Silver (TSXV:BIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hercules Silver Corp (TSXV:BIG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

BADEF:USA 8Q7:Germany

Address

100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, ON, CAN, M5X 1G5

Website

https://www.herculessilver.com

Hercules Silver Corp is a junior mining company focused on the exploration and development of the Hercules Silver Project, northwest of Cambridge, Idaho. The company is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules with over 28,000 meters of historical drilling and a newly discovered copper porphyry target which adds scale and discovery potential to the system.

Executives

Kelly James Malcolm

Director