Great Republic Mining (XCNQ:GRM) Total Current Assets : C$0.28 Mil (As of Mar. 2024)

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

What is Great Republic Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Great Republic Mining's total current assets for the quarter that ended in Mar. 2024 was C$0.28 Mil.

Great Republic Mining Total Current Assets Historical Data

The historical data trend for Great Republic Mining'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.

Great Republic Mining Total Current Assets Chart

Great Republic Mining Annual Data

Trend

Jun21

Jun22

Jun23

Total Current Assets

0.11

0.55

0.41

Great Republic Mining Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial								0.42	0.41	0.41	0.32	0.28

Great Republic Mining 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.

Great Republic Mining's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.407	+	0.003	+	0	+	0
	=	0.41

Great Republic Mining'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
	=	0.277	+	0.006	+	0	+	-5.5511151231258E-17
	=	0.28

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.

Great Republic Mining (XCNQ:GRM) 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.

Great Republic Mining'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)
=	0.277	-	0.067	+	0.75 * 0	+	0.5 * 0
=	0.21

Great Republic Mining Total Current Assets Related Terms

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

Great Republic Mining (XCNQ:GRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Republic Mining Corp (XCNQ:GRM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

303-543 Granville Street, Vancouver, BC, CAN, V6C 1X8

Website

https://www.greatrepublic.ca

Great Republic Mining Corp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. It is an exploration stage mining company with one exploration property, the Porcher Mineral Property located in the Skeena Mining Division, British Columbia. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Porcher Island Project.

Great Republic Mining (XCNQ:GRM) Headlines

No Headlines