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Tana Resources (XCNQ:TANA) Total Current Liabilities : C$0.11 Mil (As of Jan. 2024)


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What is Tana 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. Tana Resources's total current liabilities for the quarter that ended in Jan. 2024 was C$0.11

Tana Resources Total Current Liabilities Historical Data

The historical data trend for Tana 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.

Tana Resources Total Current Liabilities Chart

Tana Resources Annual Data
Trend Oct21 Oct22 Oct23
Total Current Liabilities
0.02 0.06 0.10

Tana Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.08 0.09 0.08 0.10 0.11

Tana 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.

Tana Resources's Total Current Liabilities for the fiscal year that ended in Oct. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.1+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.10

Tana Resources's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.114+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.11

* 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

Tana Resources Total Current Liabilities Related Terms

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Tana Resources (XCNQ:TANA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tana Resources Corp (XCNQ:TANA) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
1100 Melville Street., Suite 830, Vancouver, BC, CAN, V6E 4A6
Website
https://www.tanaresources.ca
Tana Resources Corp is a Canadian mining exploration company focused on the acquisition and development of high-value mining projects. Its activities include the acquisition and exploration of mineral resource properties with an emphasis on the Double T Property located in the Liard Mining District, British Columbia.
Executives
Vartan Korajian Director, Senior Officer

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