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US Goldmining (US Goldmining) Total Current Assets : $11.15 Mil (As of Mar. 2024)


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What is US Goldmining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. US Goldmining's total current assets for the quarter that ended in Mar. 2024 was $11.15 Mil.

US Goldmining Total Current Assets Historical Data

The historical data trend for US Goldmining'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.

US Goldmining Total Current Assets Chart

US Goldmining Annual Data
Trend Nov20 Nov21 Nov22
Total Current Assets
0.01 0.02 0.23

US Goldmining Quarterly Data
Nov20 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.33 18.76 15.58 12.01 11.15

US Goldmining 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.

US Goldmining's Total Current Assets for the fiscal year that ended in Nov. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.055+0.068+0+0.107
=0.23

US Goldmining'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
=10.739+0.122+0.027+0.265
=11.15

* 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.

US Goldmining  (NAS:USGO) 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.

US Goldmining'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)
=10.739-1.004+0.75 * 0+0.5 * 0.027
=9.75

* 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.

US Goldmining Total Current Assets Related Terms

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US Goldmining (US Goldmining) Business Description

Industry
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Traded in Other Exchanges
Q0G:Germany
Address
1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3
Website
https://www.us.goldmining.com
US Goldmining Inc is a mineral exploration and development company. It is a focused on the exploration and development of a project located in Alaska, USA. The company's sole property is Whistler Project which is a gold-copper exploration project located in the Yentna Mining District, approximately 150 km northwest of Anchorage, Alaska.
Executives
Goldmining Inc. 10 percent owner 1188 WEST GEORGIA STREET, SUITE 1830, VANCOUVER A1 V6E 4A2
Aleksandra Bukacheva director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Garnet Linn Dawson director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Ross Lawrence Sherlock director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Laura Schmidt director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Alastair Charles Still director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Timothy Robert Smith officer: Chief Executive Officer 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Lisa Jean Wade director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Tyler Michael Wong officer: Chief Financial Officer 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3