Lara Exploration (TSXV:LRA) Total Current Assets : C$3.11 Mil (As of Sep. 2024)

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What is Lara Exploration Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lara Exploration's total current assets for the quarter that ended in Sep. 2024 was C$3.11 Mil.

Lara Exploration Total Current Assets Historical Data

The historical data trend for Lara Exploration'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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Lara Exploration Total Current Assets Chart

Lara Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2.19

1.68

2.18

4.88

2.67

Lara Exploration 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															3.02	2.67	2.03	2.83	3.11

Lara Exploration 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.

Lara Exploration'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
	=	1.03	+	0.059	+	0	+	1.582
	=	2.67

Lara Exploration'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
	=	3.032	+	0.018	+	0	+	0.058
	=	3.11

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.

Lara Exploration (TSXV:LRA) 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.

Lara Exploration'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)
=	3.032	-	0.231	+	0.75 * 0.018	+	0.5 * 0
=	2.81

Lara Exploration Total Current Assets Related Terms

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Lara Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lara Exploration Ltd (TSXV:LRA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

LRAXF:USA LEW:Germany LEW:Germany

Address

543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8

Website

https://www.laraexploration.com

Lara Exploration Ltd is engaged in the business of exploration. It operates in a single reportable segment, the acquisition and exploration of mineral properties in South America. It also has exploration and evaluation properties in Brazil, Peru, and Chile. The company projects include the Planalto Copper Project, the Liberdade Copper Project and others.

Executives

Christopher Jones	Director
Miles Frederick Thompson	Director, Senior Officer
Simon Henry Ingram	Director, Senior Officer
Christopher Randall Macintyre	Senior Officer
Stephen Mark Yuzpe	Director
William Steers	Director

Lara Exploration Headlines

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