Turquoise Hill Resources Current Assets

Turquoise Hill Resources posts a current assets of $540M as of September 2022. That compares with $1.2B in the prior-year period — down 54.8% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Turquoise Hill Resources's current assets was $1.2B. The latest reading is $540M — a 54.8% year-over-year decrease (period ending September 2022). Use the history and growth charts on this page for a longer lookback.

Current Assets is one piece of Turquoise Hill Resources's financial statement story. At $540M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for TRQ's current assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Turquoise Hill Resources's other metric pages and overview cover the third.

Judging Turquoise Hill Resources against Materials peers is usually better than using a market-wide rule of thumb. Business models inside Materials are more comparable, which makes gaps in current assets easier to interpret. Start with $540M here, then scan peer and history charts to see if the gap is persistent.