Majestic Gold (TSXV:MJS) Total Current Assets: C$246.4 Mil (As of Mar. 2026)


What is Majestic Gold Total Current Assets?

Majestic Gold TSXV:MJS Total Current Assets is C$246.4 Mil as of Mar. 2026. The stock has 5 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Majestic Gold's total current assets for the quarter that ended in Mar. 2026 was C$246.4 Mil.

Majestic Gold  (TSXV:MJS) 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.

Majestic Gold's Liquidation Value for the quarter that ended in Mar. 2026 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=15.66-132.833+0.75 * 0+0.5 * 5.773
=-114.3

* 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.

Majestic Gold Total Current Assets Related Terms

Majestic Gold Total Current Assets Historical Data

* Premium members only.

The historical data trend for Majestic 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.

Majestic Gold Total Current Assets Chart

Majestic Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.72 78.03 137.29 150.81 240.35

Majestic Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 167.55 152.99 160.94 240.35 246.36

Majestic 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.

Majestic Gold's Total Current Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=16.162+3.312+6.002+214.873
=240.3

Majestic Gold's Total Current Assets for the quarter that ended in Mar. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=15.66+4.032+5.773+220.893
=246.4

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of C$246.4 Mil mean?
Majestic Gold (TSXV:MJS) has a Total Current Assets of C$246.4 Mil as of Mar. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Majestic Gold and its competitors.
Is Majestic Gold's Total Current Assets too high?
Majestic Gold's current Total Current Assets is C$246.4 Mil.
How does Majestic Gold's Total Current Assets compare to NEM and AU?
Majestic Gold's Total Current Assets of C$246.4 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Metals & Mining company?
A good Total Current Assets depends on the Metals & Mining industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Majestic Gold and its competitors. Majestic Gold's current Total Current Assets is C$246.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (TSXV:MJS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.10 — trading 23.1% below its estimated fair value. The current Total Current Assets is C$246.4 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Majestic Gold (TSXV:MJS), the current Total Current Assets is C$246.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Majestic Gold Business Description

Other Exchanges MJGCF:USAMJT:Germany
Address 306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.