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

Goldstorm Metals (TSXV:GSTM) Total Current Assets : C$0.28 Mil (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Goldstorm Metals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Goldstorm Metals's total current assets for the quarter that ended in Dec. 2024 was C$0.28 Mil.


Goldstorm Metals Total Current Assets Historical Data

The historical data trend for Goldstorm Metals'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.

Goldstorm Metals Total Current Assets Chart

Goldstorm Metals Annual Data
Trend Mar22 Mar23 Mar24
Total Current Assets
- 2.65 2.03

Goldstorm Metals Quarterly Data
Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.03 1.62 0.60 0.28

Goldstorm Metals 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.

Goldstorm Metals's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Goldstorm Metals's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

* 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.


Goldstorm Metals  (TSXV:GSTM) 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.

Goldstorm Metals'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)
=0.045-0.309+0.75 * 0+0.5 * 0
=-0.26

* 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.


Goldstorm Metals Total Current Assets Related Terms

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


Goldstorm Metals Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 789, Vancouver, BC, CAN, V6C 2W2
Goldstorm Metals Corp is a precious and base metals exploration company with a strategic land position in the Golden Triangle of British Columbia, an area that hosts some of the gold deposits in the world. Goldstorm's flagship projects, Crown and Electrum, cover an area that totals approximately 16,469 hectares over 6 concessions, of which 5 are contiguous. The Crown Project is situated directly south of Seabridge Gold's KSM gold-copper deposits and Newmont Corporation Inc.'s Brucejack/Valley of the Kings gold mine. Electrum, also located in the Golden Triangle of BC, is situated directly between Newmont Corporation's Brucejack Mine, approximately 20 kilometers to the north, and the past producing Silbak Premier mine, 20 kilometers to the south.
Executives
Ronald Stoeferle Director

Goldstorm Metals Headlines

No Headlines