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Nickel 28 Capital (Nickel 28 Capital) Total Current Liabilities

: $11.26 Mil (As of Oct. 2023)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Nickel 28 Capital's total current liabilities for the quarter that ended in Oct. 2023 was $11.26

Nickel 28 Capital Total Current Liabilities Historical Data

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23
Total Current Liabilities
17.73 15.52 13.21 21.66

Nickel 28 Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Total Current Liabilities 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 13.54 21.66 22.90 21.81 11.26

Nickel 28 Capital Total Current Liabilities Calculation

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

Nickel 28 Capital'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
=0.337+21.322
+Other Current Liabilities+Current Deferred Liabilities
=0.0010000000000012+0
=21.66

Nickel 28 Capital'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
=0.183+11.08
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=11.26

* 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

Nickel 28 Capital Total Current Liabilities Related Terms

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Nickel 28 Capital (Nickel 28 Capital) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel 28 Capital Corp (OTCPK:CONXF) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
3JC:Germany NKL:Canada
Address
155 University Avenue, Suite 1240, Toronto, ON, CAN, M5H 3B7
Website
https://www.nickel28.com
Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, the company manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.

Nickel 28 Capital (Nickel 28 Capital) Headlines

From GuruFocus

Pelham Investment Partners LP Reminds Shareholders to Vote only the YELLOW Proxy While Management of Nickel 28 Capital Corp. Glosses Over Glaring Governance Failures

By PRNewswire PRNewswire • 05-30-2023

Pelham Investment Partners LP Files Advance Notice of Nominations for the Election of a New Board of Directors of Nickel 28 Capital Corp. at the Upcoming Annual General and Special Meeting of Shareholders

By PRNewswire PRNewswire • 05-05-2023

Pelham Investment Partners LP Confirms Recommendation to Vote WITHHOLD on Board of Directors of Nickel 28 Capital Corp on YELLOW Proxy

By PRNewswire PRNewswire • 06-06-2023

Pelham Investment Partners LP Issues Letter to Shareholders and Files Proxy Circular to Reconstitute the Board of Nickel 28 Capital Corp.

By PRNewswire PRNewswire • 05-24-2023

Conic Announces Ramu's Covid-19 Response Plan

By PRNewswire PRNewswire • 03-24-2020

Pelham Investment Partners LP Announces Acquisition of Common Shares of Nickel 28 Capital Corp.

By PRNewswire PRNewswire • 05-08-2023

Positive Shareholder Momentum Continues to Build In Support of Pelham Investment Partners LP's Campaign to Change Board of Directors of Nickel 28 Capital Corp., With Support From Shareholders and ISS

By PRNewswire PRNewswire • 06-02-2023

Conic Releases Ramu Q1 2020 Production Performance

By PRNewswire PRNewswire • 04-17-2020

Conic Announces ESG Compliance Initiative and Adds New Board Member

By PRNewswire PRNewswire • 12-16-2019

Conic Announces Board Changes

By PRNewswire PRNewswire • 12-04-2019