Vanguard Mining (XCNQ:UUU) Total Current Assets : C$0.15 Mil (As of Sep. 2024)

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What is Vanguard Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Vanguard Mining's total current assets for the quarter that ended in Sep. 2024 was C$0.15 Mil.

Vanguard Mining Total Current Assets Historical Data

The historical data trend for Vanguard 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.

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Vanguard Mining Total Current Assets Chart

Vanguard Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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0.12

0.08

1.47

3.54

0.75

Vanguard Mining Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															1.45	0.75	0.31	0.16	0.15

Vanguard 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.

Vanguard Mining'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
	=	0.365	+	0.229	+	0	+	0.16
	=	0.75

Vanguard Mining's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.128	+	0.014	+	0	+	0.009
	=	0.15

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.

Vanguard Mining (XCNQ:UUU) 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.

Vanguard Mining's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.128	-	0.497	+	0.75 * 0	+	0.5 * 0
=	-0.37

Vanguard Mining Total Current Assets Related Terms

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Vanguard Mining Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RECHF:USA SL51:Germany

Address

1055 West Georgia, Suite 1500, Royal Centre, Po Box 11117, Vancouver, BC, CAN, V6C 0A6

Website

https://www.recharge-resources.com

Vanguard Mining Corp, formerly Recharge Resources Ltd is a resource exploration company engaged in acquiring and exploring mineral properties in Canada and Argentina.

Executives