Rua Gold (XCNQ:RUA) Total Current Assets : C$7.33 Mil (As of Dec. 2023)

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What is Rua Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rua Gold's total current assets for the quarter that ended in Dec. 2023 was C$7.33 Mil.

Rua Gold Total Current Assets Historical Data

The historical data trend for Rua 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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Rua Gold Total Current Assets Chart

Rua Gold Annual Data

Trend

Total Current Assets

Rua Gold Quarterly Data
	Dec22	Dec23
Total Current Assets	-	7.33

Rua 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.

Rua Gold's Total Current Assets for the fiscal year that ended in . 20 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=		+		+		+
	=	0.00

Rua Gold's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.337	+	0.891	+	0	+	0.104
	=	7.33

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.

Rua Gold (XCNQ:RUA) 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.

Rua Gold's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.337	-	0.04	+	0.75 * 0.086	+	0.5 * 0
=	6.36

Rua Gold Total Current Assets Related Terms

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Rua Gold (XCNQ:RUA) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

H8E:Germany

Address

1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7

Website

Rua Gold Inc is a resource exploration company focused on the acquisition, evaluation and exploration of mineral resource properties. Its has only material mineral property is the Reefton Project.

Executives

Zeenat Kaiser Lokhandwala

Senior Officer

Rua Gold (XCNQ:RUA) Headlines

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