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Mega Uranium (Mega Uranium) Total Current Assets : $24.56 Mil (As of Mar. 2024)


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What is Mega Uranium Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mega Uranium's total current assets for the quarter that ended in Mar. 2024 was $24.56 Mil.


Mega Uranium Total Current Assets Historical Data

The historical data trend for Mega Uranium'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.

Mega Uranium Total Current Assets Chart

Mega Uranium Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.29 4.22 15.60 14.48 19.17

Mega Uranium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.02 13.44 19.17 23.72 24.56

Mega Uranium 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.

Mega Uranium's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Mega Uranium's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

* 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.

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.


Mega Uranium  (OTCPK:MGAFF) 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.

Mega Uranium's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=24.354-18.914+0.75 * 0.13+0.5 * 0
=5.54

* 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.


Mega Uranium Total Current Assets Related Terms

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Mega Uranium (Mega Uranium) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Mega Uranium Ltd is a Canada-based exploration stage mineral resources company. The company is engaged in the acquisition and exploration of uranium prospective properties. Its properties include Ben Lomond, Georgetown, and Kintyre in Australia. Geographically, it operates in Canada and Australia.

Mega Uranium (Mega Uranium) Headlines

From GuruFocus

Mega Uranium Ltd. Closes Final Tranche of Private Placement

By GlobeNewswire GlobeNewswire 12-24-2018

Mega Announces Refiled MD&A and AIF

By GlobeNewswire GlobeNewswire 05-15-2018

Mega Uranium Ltd. Increases Private Placement

By GlobeNewswire GlobeNewswire 08-17-2018

Mega Uranium Announces Ben Lomond Option Exercise

By GlobeNewswire GlobeNewswire 06-15-2022

Mega Uranium Acquires Additional Securities of Green Shift Commodities

By GlobeNewswire GlobeNewswire 12-23-2022