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New Hope (New Hope) Total Current Liabilities : $155 Mil (As of Jan. 2024)


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What is New Hope Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. New Hope's total current liabilities for the quarter that ended in Jan. 2024 was $155

New Hope Total Current Liabilities Historical Data

The historical data trend for New Hope'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.

New Hope Total Current Liabilities Chart

New Hope Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.40 99.00 124.46 368.20 258.03

New Hope Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 230.00 368.20 411.88 258.03 154.86

New Hope Total Current Liabilities Calculation

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

New Hope's Total Current Liabilities for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=64.34+14.67
+Other Current Liabilities+Current Deferred Liabilities
=30.174+148.844
=258

New Hope'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
=82.341+6.285
+Other Current Liabilities+Current Deferred Liabilities
=66.231+0
=155

* 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

New Hope Total Current Liabilities Related Terms

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New Hope (New Hope) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » New Hope Corp Ltd (OTCPK:NHPEF) » Definitions » Total Current Liabilities
Comparable Companies
ASX:WHC ASX:YAL ASX:TER ASX:MCM ASX:MYE ASX:AQC ASX:REY ASX:AUH ASX:WEC ASX:IEC SHSE:601088 BOM:512599 ISX:BYAN SHSE:601225 NSE:COALINDIA SHSE:600188 HKSE:01898 SHSE:601699 SZSE:000983 SZSE:000933
Traded in Other Exchanges
OD8:Germany NHC:Australia
Address
175 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
Website
https://www.newhopegroup.com.au
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should produce around 13 million metric tons of equity salable thermal coal annually from fiscal 2027, up from around 8 million in fiscal 2023, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 15% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.

New Hope (New Hope) Headlines

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