Stellar AfricaGold (Stellar AfricaGold) Total Current Assets : $0.22 Mil (As of Jan. 2024)

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What is Stellar AfricaGold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Stellar AfricaGold's total current assets for the quarter that ended in Jan. 2024 was $0.22 Mil.

Stellar AfricaGold Total Current Assets Historical Data

The historical data trend for Stellar AfricaGold'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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Stellar AfricaGold Total Current Assets Chart

Stellar AfricaGold Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Current Assets

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0.04

1.36

1.44

0.72

0.28

Stellar AfricaGold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial															0.09	0.03	0.28	0.21	0.22

Stellar AfricaGold 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.

Stellar AfricaGold's Total Current Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.273	+	0.005	+	0	+	0.002
	=	0.28

Stellar AfricaGold'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
	=	0.215	+	0.004	+	0	+	0.001
	=	0.22

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.

Stellar AfricaGold (OTCPK:STLXD) 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.

Stellar AfricaGold'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)
=	0.215	-	0.557	+	0.75 * 0	+	0.5 * 0
=	-0.34

Stellar AfricaGold Total Current Assets Related Terms

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Stellar AfricaGold (Stellar AfricaGold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Stellar AfricaGold Inc (OTCPK:STLXD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

6YP1:Germany SPX:Canada

Address

4908 Pine Crescent, Vancouver, BC, CAN, V6M 3P6

Website

https://www.stellarafricagold.com

Stellar AfricaGold Inc is a precious metal exploration company. Its principal exploration project is the gold discovery at the Tichka Est Gold Project in Morocco, a grouping of seven permits covering an area of 82 km2. Stellar also holds the Namarana Gold Project in Mali.

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