Conquest Resources (TSXV:CQR) Total Current Assets : C$1.05 Mil (As of Dec. 2024)

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What is Conquest Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Conquest Resources's total current assets for the quarter that ended in Dec. 2024 was C$1.05 Mil.

Conquest Resources Total Current Assets Historical Data

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

Conquest Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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5.36

2.08

1.22

1.50

1.05

Conquest 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															1.50	1.28	1.15	1.80	1.05

Conquest 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.

Conquest 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
	=	0.945	+	0.094	+	0	+	0.013
	=	1.05

Conquest 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
	=	0.945	+	0.094	+	0	+	0.013
	=	1.05

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.

Conquest Resources (TSXV:CQR) 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.

Conquest 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)
=	0.945	-	0.149	+	0.75 * 0	+	0.5 * 0
=	0.80

Conquest Resources Total Current Assets Related Terms

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Conquest Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Conquest Resources Ltd (TSXV:CQR) » Definitions » Total Current Assets

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Traded in Other Exchanges

CQRLF:USA

Address

55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7

Website

https://www.conquestresources.net

Conquest Resources Ltd is a mineral exploration company that is engaged in the exploration and evaluation of properties located in Northern Ontario. The company owns an interest in Alexander Red Lake Property, Smith Lake Property, King Bay Gold Project, LNB property lake project, Marr lake property, Redhorse Lake, and Golden Rose Project.

Executives

Robert Kinloch	Director, Senior Officer
Jamie Levy	Director
Thomas John Obradovich	Director, Senior Officer

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