Jangada Mines (LSE:JAN) Total Current Assets : £0.63 Mil (As of Jun. 2023)

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What is Jangada Mines Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Jangada Mines's total current assets for the quarter that ended in Jun. 2023 was £0.63 Mil.

Jangada Mines Total Current Assets Historical Data

The historical data trend for Jangada Mines'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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Jangada Mines Total Current Assets Chart

Jangada Mines Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Total Current Assets

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0.17

0.72

0.79

3.04

1.40

Jangada Mines Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun21	Dec21	Jun22	Dec22	Jun23
Total Current Assets	Get a 7-Day Free Trial							3.80	3.04	2.55	1.40	0.63

Jangada Mines 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.

Jangada Mines's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.147	+	0.248	+	0	+	0
	=	1.40

Jangada Mines's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.623	+	0.003	+	0	+	0
	=	0.63

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.

Jangada Mines (LSE:JAN) 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.

Jangada Mines's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.623	-	0.154	+	0.75 * 0	+	0.5 * 0
=	0.47

Jangada Mines Total Current Assets Related Terms

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Jangada Mines (LSE:JAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jangada Mines PLC (LSE:JAN) » Definitions » Total Current Assets

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Traded in Other Exchanges

JMU:Germany

Address

Eastcastle House 27-28, Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.jangadamines.com

Jangada Mines PLC is engaged in the exploration and development of PGM mining assets in Brazil. The company's project includes the Pitombeiras project. The Pitombeiras project is contained within a single exploration license covering 1,958 hectares.