Thunder Mountain Gold (TSXV:THM) Total Current Assets : C$0.56 Mil (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Thunder Mountain Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Thunder Mountain Gold's total current assets for the quarter that ended in Mar. 2024 was C$0.56 Mil.

Thunder Mountain Gold Total Current Assets Historical Data

The historical data trend for Thunder Mountain 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.

Thunder Mountain Gold Total Current Assets Chart

Thunder Mountain Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

0.36

0.38

3.45

1.96

0.85

Thunder Mountain Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															1.50	1.50	1.38	0.85	0.56

Thunder Mountain 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.

Thunder Mountain 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
	=	0.802	+	0	+	0	+	0.046
	=	0.85

Thunder Mountain Gold'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
	=	0.481	+	0	+	0	+	0.075
	=	0.56

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.

Thunder Mountain Gold (TSXV:THM) 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.

Thunder Mountain Gold'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)
=	0.481	-	1.845	+	0.75 * 0	+	0.5 * 0
=	-1.36

Thunder Mountain Gold Total Current Assets Related Terms

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

Thunder Mountain Gold (TSXV:THM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thunder Mountain Gold Inc (TSXV:THM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

THMG:USA

Address

11770 W. President Drive, Suite F, Boise, ID, USA, 83713

Website

https://www.thundermountaingold.com

Thunder Mountain Gold Inc is a mineral exploration stage company. It is engaged in exploring mining properties that have the potential to produce gold, silver, base metals, and other commodities. The company holds interests in the South Mountain and Trout Creek Project. The current land package at South Mountain consists of 17 patented mining claims encompassing approximately 326 acres, 21 unpatented mining lode claims covering approximately 290 acres, and approximately 489 acres of leased private land. In addition, the project owns 360 acres of private land (mill site) not contiguous with the mining claims. All holdings are in the South Mountain Mining District, Owyhee County, Idaho.