Marvel Gold (ASX:MVL) Total Current Assets : A$0.91 Mil (As of Jun. 2024)

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What is Marvel Gold Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Marvel Gold's total current assets for the quarter that ended in Jun. 2024 was A$0.91 Mil.

Marvel Gold Total Current Assets Historical Data

The historical data trend for Marvel Gold'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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Marvel Gold Total Current Assets Chart

Marvel Gold Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Total Current Assets

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1.58

0.45

2.14

1.37

1.43

Marvel Gold Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial												3.55	1.37	2.26	1.43	0.91

Marvel Gold 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.

Marvel Gold'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
	=	1.337	+	0.057	+	0	+	0.039
	=	1.43

Marvel Gold's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.904	+	0.008	+	0	+	-0.001
	=	0.91

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.

Marvel Gold (ASX:MVL) 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.

Marvel Gold's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.904	-	0.061	+	0.75 * 0.008	+	0.5 * 0
=	0.85

Marvel Gold Total Current Assets Related Terms

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Marvel Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Marvel Gold Ltd (ASX:MVL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

GR2:Germany

Address

130 Hay Street, Level One, Perth, WA, AUS, 6005

Website

https://www.marvelgold.com.au

Marvel Gold Ltd is a Mali-focused gold explorer company with advanced gold exploration projects and extensive landholdings in South and West Mali. The project portfolio of the group includes Tabakorole Gold project, Yanfolila Gold project, and Kolondieba Gold project.

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