Gold Mountain Mining (TSX:GMTN) Total Current Assets : C$0.50 Mil (As of Jan. 2024)

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What is Gold Mountain Mining Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gold Mountain Mining's total current assets for the quarter that ended in Jan. 2024 was C$0.50 Mil.

Gold Mountain Mining Total Current Assets Historical Data

The historical data trend for Gold Mountain Mining'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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Gold Mountain Mining Total Current Assets Chart

Gold Mountain Mining Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Total Current Assets

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0.42

3.34

4.02

6.63

0.50

Gold Mountain Mining Quarterly Data
	Jan19	Jan20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial										6.63	5.42	1.93	1.34	0.50

Gold Mountain Mining 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.

Gold Mountain Mining's Total Current Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.071	+	0.194	+	0.147	+	0.083
	=	0.50

Gold Mountain Mining'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
	=	0.071	+	0.194	+	0.147	+	0.083
	=	0.50

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.

Gold Mountain Mining (TSX:GMTN) 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.

Gold Mountain Mining'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)
=	0.071	-	18.703	+	0.75 * 0.077	+	0.5 * 0.147
=	-18.50

Gold Mountain Mining Total Current Assets Related Terms

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Gold Mountain Mining (TSX:GMTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Mountain Mining Corp (TSX:GMTN) » Definitions » Total Current Assets

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Traded in Other Exchanges

GMTNF:USA 5XFA:Germany

Address

1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1

Website

https://www.gold-mountain.ca

Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.

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