Portofino Resources (Portofino Resources) Total Liabilities : $0.72 Mil (As of Feb. 2024)

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What is Portofino Resources Total Liabilities?

Portofino Resources's Total Liabilities for the quarter that ended in Feb. 2024 was $0.72 Mil.

Portofino Resources's quarterly Total Liabilities increased from Aug. 2023 ($0.58 Mil) to Nov. 2023 ($0.63 Mil) and increased from Nov. 2023 ($0.63 Mil) to Feb. 2024 ($0.72 Mil).

Portofino Resources's annual Total Liabilities increased from May. 2021 ($0.05 Mil) to May. 2022 ($0.12 Mil) and increased from May. 2022 ($0.12 Mil) to May. 2023 ($0.56 Mil).

Portofino Resources Total Liabilities Historical Data

The historical data trend for Portofino Resources's Total 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.

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Portofino Resources Total Liabilities Chart

Portofino Resources Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Total Liabilities

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0.09

0.14

0.05

0.12

0.56

Portofino Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Liabilities	Get a 7-Day Free Trial															0.15	0.56	0.58	0.63	0.72

Portofino Resources Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Portofino Resources's Total Liabilities for the fiscal year that ended in May. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.56	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.56

Total Liabilities	=	Total Assets (A: May. 2023 )	-	Total Equity (A: May. 2023 )
	=	0.262	-	-0.298
	=	0.56

Portofino Resources's Total Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.721	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.72

Total Liabilities	=	Total Assets (Q: Feb. 2024 )	-	Total Equity (Q: Feb. 2024 )
	=	0.121	-	-0.599
	=	0.72

Portofino Resources Total Liabilities Related Terms

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Portofino Resources (Portofino Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Portofino Resources Inc (OTCPK:PFFOF) » Definitions » Total Liabilities

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POTA:Germany POR:Canada

Address

470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5

Website

https://www.portofinoresources.com

Portofino Resources Inc is engaged in the acquisition, exploration, and development of mineral property assets in the Americas. Its South of Otter and Bruce Lake projects are in the historic gold mining district of Red Lake, Ontario. In addition, it holds 100% interest in three Northwestern Ontario gold projects; the Gold Creek property, Sapawe West property and Melema West property located near Atikokan. It also shows interest in the Yergo Lithium Brine Project.

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