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Teako Minerals (XCNQ:TMIN) Total Current Liabilities : C$0.16 Mil (As of Jan. 2024)


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What is Teako Minerals Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Teako Minerals's total current liabilities for the quarter that ended in Jan. 2024 was C$0.16

Teako Minerals Total Current Liabilities Historical Data

The historical data trend for Teako Minerals'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.

Teako Minerals Total Current Liabilities Chart

Teako Minerals Annual Data
Trend Jan21 Jan22 Jan23 Jan24
Total Current Liabilities
0.07 0.11 0.16 0.16

Teako Minerals Quarterly Data
Jul20 Oct20 Jan21 Apr21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.23 0.19 0.18 0.16

Teako Minerals Total Current Liabilities Calculation

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

Teako Minerals's Total Current Liabilities for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.163+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.16

Teako Minerals'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
=0.163+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.16

* 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

Teako Minerals Total Current Liabilities Related Terms

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Teako Minerals (XCNQ:TMIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teako Minerals Corp (XCNQ:TMIN) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Website
https://www.teakominerals.com
Teako Minerals Corp is engaged in the acquisition, exploration, and evaluation of mineral property interests located in Canada. It is in the process of exploring its mineral property interest in British Columbia and has not yet determined whether it contains mineral reserves that are economically recoverable. The company's mineral property interest consists of the Pinnacle project under option located in British Columbia, Canada.
Executives
Fruchtexpress Grabher Gmbh & Co Kg 10% Security Holder
Owen Garfield Director

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