Hardcore Discoveries (XCNQ:HARD) Total Current Assets : C$0.02 Mil (As of Mar. 2024)

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What is Hardcore Discoveries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hardcore Discoveries's total current assets for the quarter that ended in Mar. 2024 was C$0.02 Mil.

Hardcore Discoveries Total Current Assets Historical Data

The historical data trend for Hardcore Discoveries'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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Hardcore Discoveries Total Current Assets Chart

Hardcore Discoveries Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

0.34

0.53

0.10

0.05

0.02

Hardcore Discoveries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial													0.02	0.02	0.02	0.02	0.02

Hardcore Discoveries 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.

Hardcore Discoveries'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
	=	0.006	+	0.016	+	0	+	0
	=	0.02

Hardcore Discoveries'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
	=	0.001	+	0.02	+	0	+	-0.001
	=	0.02

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.

Hardcore Discoveries (XCNQ:HARD) 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.

Hardcore Discoveries'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)
=	0.001	-	1.404	+	0.75 * 0.02	+	0.5 * 0
=	-1.39

Hardcore Discoveries Total Current Assets Related Terms

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Hardcore Discoveries (XCNQ:HARD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hardcore Discoveries Ltd (XCNQ:HARD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

MAKAF:USA Y5E:Germany

Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

https://www.makaramining.com

Hardcore Discoveries Ltd formerly Makara Mining Corp is engaged in the business of mineral exploration in Canada. Its projects include Rude Creek Property, Kenora Gold Property, Win Property, Idaho Property, and Davis & Paradise Properties.

Hardcore Discoveries (XCNQ:HARD) Headlines

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