Sasquatch Resources (XCNQ:SASQ) Total Current Assets : C$0.54 Mil (As of Jan. 2024)

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

What is Sasquatch Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sasquatch Resources's total current assets for the quarter that ended in Jan. 2024 was C$0.54 Mil.

Sasquatch Resources Total Current Assets Historical Data

The historical data trend for Sasquatch Resources'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.

Sasquatch Resources Total Current Assets Chart

Sasquatch Resources Annual Data

Trend

Apr22

Apr23

Total Current Assets

0.63

0.40

Sasquatch Resources Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial				0.47	0.40	0.67	0.58	0.54

Sasquatch Resources 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.

Sasquatch Resources's Total Current Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.388	+	0.008	+	0	+	0.003
	=	0.40

Sasquatch Resources's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.509	+	0.018	+	0	+	0.008
	=	0.54

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.

Sasquatch Resources (XCNQ:SASQ) 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.

Sasquatch Resources's Liquidation Value for the quarter that ended in Jan. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.509	-	0.02	+	0.75 * 0	+	0.5 * 0
=	0.49

Sasquatch Resources Total Current Assets Related Terms

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

Sasquatch Resources (XCNQ:SASQ) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7

Website

https://www.sasquatchresources.com

Sasquatch Resources Corp is a mineral exploration company focused on its Mount Sicker Property in British Columbia, Canada. It engages in the acquisition, exploration, and evaluation of mineral properties.

Executives

Thomas David Lamb

Director

Sasquatch Resources (XCNQ:SASQ) Headlines

No Headlines