GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McEwen Mining Inc (NYSE:MUX) » Definitions » Total Current Liabilities

McEwen Mining (McEwen Mining) Total Current Liabilities

: $30.0 Mil (As of Dec. 2023)
View and export this data going back to 1980. Start your Free Trial

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. McEwen Mining's total current liabilities for the quarter that ended in Dec. 2023 was $30.0

McEwen Mining Total Current Liabilities Historical Data

The historical data trend for McEwen Mining'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.

McEwen Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.80 45.55 52.40 84.19 30.00

McEwen Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.19 89.39 52.90 53.46 30.00

McEwen Mining Total Current Liabilities Calculation

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

McEwen Mining's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=24.259+0.978
+Other Current Liabilities+Current Deferred Liabilities
=4.766+0
=30.0

McEwen Mining's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=24.259+0.978
+Other Current Liabilities+Current Deferred Liabilities
=4.766+0
=30.0

* 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

McEwen Mining Total Current Liabilities Related Terms

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

McEwen Mining (McEwen Mining) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McEwen Mining Inc (NYSE:MUX) » Definitions » Total Current Liabilities
Comparable Companies
EXK GATO ATLX ACRG DYNR NMEX SILS AUMN AHNR THMG ISX:AMMN JSE:AMS SZSE:000975 MIC:ALRS LSE:FRES LIM:BUENAVC1 JSE:IMP ISX:MBMA HL TSX:TFPM
Traded in Other Exchanges
US8:Germany US8:Germany MUX:Canada MUX:Austria
Address
150 King Street West, Suite 2800, Toronto, ON, CAN, M5H 1J9
Website
https://www.mcewenmining.com
McEwen Mining Inc is a mining and minerals production and exploration company focused on precious and base minerals in Argentina, Mexico, and the United States. The company's overall revenue is principally derived from the production of gold and silver. The company owns and operates the wholly-owned El Gallo 1 mine in Mexico, and has a minority shareholding in the company that operates the San Jose mine in Argentina. More than half the company's gold output is produced by the El Gallo 1 mine. The remaining gold production, and the majority of silver production, is produced by the San Jose mine. Geographically, the majority is from Canada.
Executives
Michelle Makori director C/O MCEWEN MINING INC., 150 KING STREET WEST, SUITE 2800, TORONTO A6 A6 M5H 1J9
Ian J Ball officer: Vice President, Mexico 99 GEORGE STREET, THIRD FLOOR, TORONTO A6 M5A 2N4
G. Peter Mah officer: Chief Operating Officer 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Merri Sanchez director 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
William M Shaver director 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Anna Man-yue Ladd-kruger officer: Chief Financial Officer 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Stephen Mcgibbon officer: EVP of Exploration 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO Z4 M5H 1J9
Richard W. Brissenden director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Merushe Verli officer: Chief Financial Officer 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Michele L Ashby director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Chris Stewart officer: President and COO 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9
Allen V Ambrose director 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Simon Tyler Quick officer: Vice President - Projects 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Xavier Ochoa officer: Chief Operating Officer 150 KING ST. WEST, SUITE 2800, TORONTO A6 M5H 1J9
Sylvain Guerard officer: SVP, Exploration 150 KING STREET WEST, SUITE 2800, TORONTO A6 M5H 1J9

McEwen Mining (McEwen Mining) Headlines

From GuruFocus

McEwen Mining: Q3 Production

By Marketwired • 10-30-2023

McEwen Copper: Los Azules -- Latest Assay Results

By Marketwired • 07-12-2023

McEwen Copper Closes ARS $42 Billion Investment�by Stellantis

By Marketwired • 10-11-2023

McEwen Copper Completes Oversubscribed US$81.85 Million Offering Including a $25 Million Investment by Nuton, a Rio Tinto Venture

By Ds*** Ds*** • 08-31-2022

Good Grades Near Surface, High Grade at Depth

By Value_Insider Value_Insider • 11-28-2022

McEwen Mining Appoints a New Director

By Marketwired • 08-21-2023

McEwen Mining: Q1 2023 Results

By sperokesalga sperokesalga • 05-08-2023

McEwen Mining Operations Performing Better

By GlobeNewswire GlobeNewswire • 12-21-2022

IBN Coverage Initiated for McEwen Mining Inc.

By Stock market mentor Stock market mentor • 01-26-2023

McEwen Mining: Q2 2023 Results

By Marketwired • 08-10-2023