Engineer Gold Mines (TSXV:EAU) Total Current Assets : C$0.02 Mil (As of Feb. 2024)

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What is Engineer Gold Mines Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Engineer Gold Mines's total current assets for the quarter that ended in Feb. 2024 was C$0.02 Mil.

Engineer Gold Mines Total Current Assets Historical Data

The historical data trend for Engineer Gold Mines'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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Engineer Gold Mines Total Current Assets Chart

Engineer Gold Mines Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Current Assets

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0.12

0.15

0.59

0.14

0.02

Engineer Gold Mines Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Current Assets	Get a 7-Day Free Trial															0.09	0.02	0.02	0.02	0.02

Engineer Gold Mines 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.

Engineer Gold Mines's Total Current Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.002	+	0.008	+	0	+	0.011
	=	0.02

Engineer Gold Mines's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.002	+	0.008	+	0	+	0.01
	=	0.02

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.

Engineer Gold Mines (TSXV:EAU) 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.

Engineer Gold Mines's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.002	-	0.385	+	0.75 * 0.008	+	0.5 * 0
=	-0.38

Engineer Gold Mines Total Current Assets Related Terms

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Engineer Gold Mines (TSXV:EAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Engineer Gold Mines Ltd (TSXV:EAU) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

9EG0:Germany

Address

750 West Pender Street, Suite 804, Vancouver, BC, CAN, V6C 2T7

Website

https://www.engineergoldmines.com

Engineer Gold Mines Ltd is an exploration-stage junior mining company. The firm is engaged in exploring and developing Engineer gold mine property situated in British Colombia.

Executives

James Frances Gerard Callaghan

10% Security Holder

Engineer Gold Mines (TSXV:EAU) Headlines

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