Great Southern Copper (LSE:GSCU) Total Current Assets : £0.55 Mil (As of Sep. 2023)

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What is Great Southern Copper Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Great Southern Copper's total current assets for the quarter that ended in Sep. 2023 was £0.55 Mil.

Great Southern Copper Total Current Assets Historical Data

The historical data trend for Great Southern Copper'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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Great Southern Copper Total Current Assets Chart

Great Southern Copper Annual Data

Trend

Mar21

Mar22

Mar23

Total Current Assets

0.05

3.09

0.84

Great Southern Copper Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	-	3.09	2.31	0.84	0.55

Great Southern Copper 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 Southern Copper's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.654	+	0.19	+	0	+	-1.1102230246252E-16
	=	0.84

Great Southern Copper's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.343	+	0.206	+	0	+	0
	=	0.55

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 Southern Copper (LSE:GSCU) 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 Southern Copper's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.343	-	0.357	+	0.75 * 0.206	+	0.5 * 0
=	0.14

Great Southern Copper Total Current Assets Related Terms

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Great Southern Copper (LSE:GSCU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Southern Copper PLC (LSE:GSCU) » Definitions » Total Current Assets

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E9E:Germany

Address

London Wall, Salisbury House, London, GBR, EC2M 5PS

Website

https://www.gscplc.com

Great Southern Copper PLC is a copper exploration company that aims to generate shareholder value through successful exploration and discovery of large-scale porphyry copper-gold deposits from its projects located in the underexplored coastal copper belt of northern Chile. It has two main project sites based on its current licence portfolio, San Lorenzo and Especularita, both located in Chile.

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