Gold Terra Resource (TSXV:YGT) Total Current Assets : C$0.58 Mil (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Gold Terra Resource Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gold Terra Resource's total current assets for the quarter that ended in Sep. 2024 was C$0.58 Mil.

Gold Terra Resource Total Current Assets Historical Data

The historical data trend for Gold Terra 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.

Gold Terra Resource Total Current Assets Chart

Gold Terra Resource Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

1.08

4.97

3.47

3.32

1.56

Gold Terra Resource Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															2.80	1.56	0.85	1.12	0.58

Gold Terra 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.

Gold Terra 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
	=	1.373	+	0.078	+	0	+	0.106
	=	1.56

Gold Terra Resource'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
	=	0.436	+	0.071	+	0	+	0.077
	=	0.58

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.

Gold Terra Resource (TSXV:YGT) 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.

Gold Terra Resource'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)
=	0.436	-	1.907	+	0.75 * 0	+	0.5 * 0
=	-1.47

Gold Terra Resource Total Current Assets Related Terms

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

Gold Terra Resource Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Terra Resource Corp (TSXV:YGT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

YGTFF:USA TX0:Germany TX0:Germany

Address

325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7

Website

https://www.goldterracorp.com

Gold Terra Resource Corp is primarily engaged in the acquisition, exploration and development of mineral properties. Its main focus is on the Yellowknife City Gold Project. Other projects of the company include the Stewart property and the Mulligan property.

Executives

Mark Thomas Brown	Senior Officer
Gerald Panneton	Senior Officer
David Suda	Senior Officer
James Russell Starr	Director

Gold Terra Resource Headlines

No Headlines