GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Slam Exploration Ltd (OTCPK:SLMXF) » Definitions » Total Current Liabilities

Slam Exploration (Slam Exploration) Total Current Liabilities : $0.42 Mil (As of Oct. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Slam Exploration Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Slam Exploration's total current liabilities for the quarter that ended in Oct. 2023 was $0.42


Slam Exploration Total Current Liabilities Historical Data

The historical data trend for Slam Exploration'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.

Slam Exploration Total Current Liabilities Chart

Slam Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.33 0.33 0.39 0.43

Slam Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.45 0.43 0.47 0.41 0.42

Slam Exploration Total Current Liabilities Calculation

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

Slam Exploration's Total Current Liabilities for the fiscal year that ended in Jan. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.373+0.051
+Other Current Liabilities+Current Deferred Liabilities
=0.001+0
=0.43

Slam Exploration's Total Current Liabilities for the quarter that ended in Oct. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.371+0.051
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.42

* 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


Slam Exploration Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Slam Exploration's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


Slam Exploration (Slam Exploration) Business Description

Traded in Other Exchanges
Address
295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are Menneval Gold Project, Mt. Victor Property, and others.

Slam Exploration (Slam Exploration) Headlines

From GuruFocus

SLAM Acquires New Gold Project

By sperokesalga sperokesalga 05-11-2023

SLAM Announces Intention to Extend Warrants

By PurpleRose PurpleRose 07-25-2022

SLAM Appoints New Director

By ACCESSWIRE 09-25-2023

SLAM to Drill Gold Veins at Menneval

By Ds*** Ds*** 08-31-2022

SLAM Awards Diamond Drilling Contract For Maisie Gold

By GlobeNewswire GlobeNewswire 07-16-2020

SLAM Vends Copper Zinc Silver Mineral Claims

By GlobeNewswire GlobeNewswire 02-21-2023

SLAM Menneval Gold Project Samples Grade Up to 363 g/t Gold

By GlobeNewswire GlobeNewswire 10-07-2020