Hoshi Resource (TSXV:HRC.P) Total Current Assets : C$0.32 Mil (As of Mar. 2024)

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

What is Hoshi Resource Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hoshi Resource's total current assets for the quarter that ended in Mar. 2024 was C$0.32 Mil.

Hoshi Resource Total Current Assets Historical Data

The historical data trend for Hoshi Resource'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.

Hoshi Resource Total Current Assets Chart

Hoshi Resource Annual Data

Trend

Dec21

Dec22

Dec23

Total Current Assets

0.16

0.34

0.32

Hoshi Resource Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial								0.33	0.32	0.32	0.32	0.32

Hoshi Resource 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.

Hoshi Resource'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
	=	0.322	+	0	+	0	+	0
	=	0.32

Hoshi Resource'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
	=	0.319	+	0	+	0	+	0
	=	0.32

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.

Hoshi Resource (TSXV:HRC.P) 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.

Hoshi Resource'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)
=	0.319	-	0.015	+	0.75 * 0	+	0.5 * 0
=	0.30

Hoshi Resource Total Current Assets Related Terms

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

Hoshi Resource (TSXV:HRC.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hoshi Resource Corp (TSXV:HRC.P) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

900, 903 - 8th Avenue SW, Calgary, AB, CAN, T2P 0P7

Website

Hoshi Resource Corp is engaged in identifying and evaluating assets or businesses with a view to potentially acquire them or an interest therein by completing a purchase transaction, by exercising of an option or by any associated transaction.

Hoshi Resource (TSXV:HRC.P) Headlines

No Headlines