Aclara Resources (TSX:ARA) Total Current Assets : C$40.42 Mil (As of Mar. 2024)

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What is Aclara Resources Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Aclara Resources's total current assets for the quarter that ended in Mar. 2024 was C$40.42 Mil.

Aclara Resources Total Current Assets Historical Data

The historical data trend for Aclara 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.

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Aclara Resources Total Current Assets Chart

Aclara Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

1.94

116.89

91.36

46.88

Aclara Resources Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial									82.27	69.96	62.24	46.88	40.42

Aclara 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.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	44.603	+	0.208	+	0	+	2.071
	=	46.88

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	37.554	+	0.218	+	0	+	2.646
	=	40.42

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.

Aclara Resources (TSX:ARA) 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.

Aclara Resources'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)
=	37.554	-	10.125	+	0.75 * 0	+	0.5 * 0
=	27.43

Aclara Resources Total Current Assets Related Terms

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Aclara Resources (TSX:ARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aclara Resources Inc (TSX:ARA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ARAAF:USA JD1:Germany

Address

Cerro el Plomo 5630, Office 901 9th Floor, Region Metropolitana de Santiago, Las Condes, Santiago, CHL

Website

https://www.aclara-re.com/about-us

Aclara Resources Inc is a development-stage rare earth mineral resources company. It is engaged in the development of the Penco Module project in Chile.

Executives

Pelham Investment Corporation

10% Security Holder