Big Gold (XCNQ:BG) Total Current Assets : C$0.13 Mil (As of Mar. 2024)

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What is Big Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Big Gold's total current assets for the quarter that ended in Mar. 2024 was C$0.13 Mil.

Big Gold Total Current Assets Historical Data

The historical data trend for Big 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.

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Big Gold Total Current Assets Chart

Big Gold Annual Data

Trend

Dec21

Dec22

Dec23

Total Current Assets

0.91

0.28

0.37

Big Gold Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial						0.18	0.55	0.56	0.37	0.13

Big 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.

Big 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
	=	0.294	+	0.024	+	0	+	0.05
	=	0.37

Big 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
	=	0.075	+	0.03	+	0	+	0.027
	=	0.13

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.

Big Gold (XCNQ:BG) 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.

Big 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)
=	0.075	-	0.08	+	0.75 * 0.03	+	0.5 * 0
=	0.02

Big Gold Total Current Assets Related Terms

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Big Gold (XCNQ:BG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

H7L:Germany

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.biggold.ca

Big Gold Inc is a mineral exploration and development company focused on the acquisition and exploration of mineral properties. The company's primary focus is the exploration and development of the Martin Kenty project located in Kenora, Ontario in the Rainy River mining district.