Western Exploration (TSXV:WEX) Total Current Assets : C$5.45 Mil (As of Jun. 2024)

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

What is Western Exploration Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Western Exploration's total current assets for the quarter that ended in Jun. 2024 was C$5.45 Mil.

Western Exploration Total Current Assets Historical Data

The historical data trend for Western 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.

* Premium members only.

Western Exploration Total Current Assets Chart

Western Exploration Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

1.41

7.07

1.89

0.97

Western Exploration Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial							4.50	2.17	0.97	6.65	5.45

Western 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.

Western 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
	=	0.698	+	0.001	+	0	+	0.27
	=	0.97

Western Exploration's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.307	+	0.001	+	0	+	0.142
	=	5.45

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.

Western Exploration (TSXV:WEX) 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.

Western Exploration's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.307	-	1.54	+	0.75 * 0	+	0.5 * 0
=	3.77

Western Exploration Total Current Assets Related Terms

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

Western Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Exploration Inc (TSXV:WEX) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

WEXPF:USA

Address

121 Woodland Avenue, Suite 140, Reno, NV, USA, 89523

Website

https://www.westernexploration.com

Western Exploration Inc is a Nevada-focused precious metals exploration company, aiming to be a gold and silver development company in North America. Its principal asset is the Aura gold-silver project located in Elko County, Nevada.

Executives