AJN Resources (XCNQ:AJN) Total Current Assets : C$1.43 Mil (As of Jan. 2024)

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What is AJN Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. AJN Resources's total current assets for the quarter that ended in Jan. 2024 was C$1.43 Mil.

AJN Resources Total Current Assets Historical Data

The historical data trend for AJN Resources'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.

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AJN Resources Total Current Assets Chart

AJN Resources Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Current Assets

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1.25

2.54

1.59

1.47

1.36

AJN Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial															0.77	0.51	1.36	2.15	1.43

AJN Resources 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.

AJN Resources's Total Current Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.172	+	0.015	+	0	+	0.171
	=	1.36

AJN Resources's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.178	+	0.034	+	0	+	0.213
	=	1.43

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.

AJN Resources (XCNQ:AJN) 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.

AJN Resources's Liquidation Value for the quarter that ended in Jan. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.178	-	1.477	+	0.75 * 0.034	+	0.5 * 0
=	-0.27

AJN Resources Total Current Assets Related Terms

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AJN Resources (XCNQ:AJN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AJN Resources Inc (XCNQ:AJN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

5AT:Germany

Address

1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5

Website

https://www.ajnresources.com

AJN Resources Inc is an exploration and development company in Canada. The company is in the business of the exploration and evaluation of mineral properties in Nevada, USA. The company operated in a single reporting segment of acquisition, exploration, and development of mineral properties. It holds an interest in Salt Wells Lithium Project, and potential exploration permits located in the Manono Territory, Tanganyika Province of the Democratic Republic of the Congo.

Executives

Klaus Peter Eckhof	Director, Senior Officer
Mark Richard Gasson	10% Security Holder, Director, Senior Officer

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