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Great Pacific Gold (TSXV:GPAC) Total Current Assets : C$4.25 Mil (As of Sep. 2024)


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What is Great Pacific Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Great Pacific Gold's total current assets for the quarter that ended in Sep. 2024 was C$4.25 Mil.

Great Pacific Gold Total Current Assets Historical Data

The historical data trend for Great Pacific Gold'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.

Great Pacific Gold Total Current Assets Chart

Great Pacific Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
6.67 29.90 21.84 15.77 11.44

Great Pacific Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.07 11.44 9.48 6.91 4.25

Great Pacific Gold 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.

Great Pacific Gold'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
=11.216+0.055+0+0.164
=11.44

Great Pacific Gold's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=3.649+0.151+0+0.445
=4.25

* 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.

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.

Great Pacific Gold  (TSXV:GPAC) 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.

Great Pacific Gold's Liquidation Value for the quarter that ended in Sep. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.649-0.892+0.75 * 0.151+0.5 * 0
=2.87

* 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.

Great Pacific Gold Total Current Assets Related Terms

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Great Pacific Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Pacific Gold Corp (TSXV:GPAC) » Definitions » Total Current Assets
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Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
Website
https://www.greatpacificgoldcorp.com
Great Pacific Gold Corp Formerly Fosterville South Exploration Ltd is engaged in the acquisition, exploration and development of mineral properties in Australia. The company owns an interest in the Central Victoria Properties, which are exploration stage properties comprised of the Lauriston Gold Project, the Golden Mountain Project, the Providence Project and other exploration license applications filed with the state of Victoria in the south east area of Australia. The Company operates in one reportable operating segment, being the acquisition, exploration, and evaluation of resource properties in Australia and Papua New Guinea.