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Hi Ho Silver Resources (Hi Ho Silver Resources) Total Current Liabilities : $0.75 Mil (As of Apr. 2021)


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What is Hi Ho Silver Resources Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Hi Ho Silver Resources's total current liabilities for the quarter that ended in Apr. 2021 was $0.75


Hi Ho Silver Resources Total Current Liabilities Historical Data

The historical data trend for Hi Ho Silver Resources's Total Current Liabilities 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.

* Premium members only.

Hi Ho Silver Resources Total Current Liabilities Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 1.17 0.71 0.79 0.86

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.83 0.86 0.88 1.04 0.75

Hi Ho Silver Resources Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Hi Ho Silver Resources's Total Current Liabilities for the fiscal year that ended in Jul. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.407+0.239
+Other Current Liabilities+Current Deferred Liabilities
=0.212+0
=0.86

Hi Ho Silver Resources's Total Current Liabilities for the quarter that ended in Apr. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.46+0.064
+Other Current Liabilities+Current Deferred Liabilities
=0.229+0
=0.75

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to 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. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Hi Ho Silver Resources Total Current Liabilities Related Terms

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Hi Ho Silver Resources (Hi Ho Silver Resources) Business Description

Traded in Other Exchanges
N/A
Address
Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.

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