GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Starr Peak Mining Ltd (TSXV:STE) » Definitions » Total Current Liabilities

Starr Peak Mining (TSXV:STE) Total Current Liabilities : C$0.50 Mil (As of Jan. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Starr Peak Mining Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Starr Peak Mining's total current liabilities for the quarter that ended in Jan. 2024 was C$0.50


Starr Peak Mining Total Current Liabilities Historical Data

The historical data trend for Starr Peak 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.

Starr Peak Mining Total Current Liabilities Chart

Starr Peak Mining 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 0.14 0.14 1.95 3.47 0.64

Starr Peak Mining Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 1.88 0.64 0.40 0.50

Starr Peak 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.

Starr Peak Mining'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
=0.585+0
+Other Current Liabilities+Current Deferred Liabilities
=0.053+0
=0.64

Starr Peak Mining'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
=0.448+0
+Other Current Liabilities+Current Deferred Liabilities
=0.051+0
=0.50

* 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


Starr Peak Mining Total Current Liabilities Related Terms

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


Starr Peak Mining (TSXV:STE) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Starr Peak Mining Ltd is an exploration-stage junior mining company. It is engaged in the identification, acquisition, and exploration of mineral properties. It holds an interest in NewMetal Property. The business has one reportable operating segment being the acquisition and exploration of mineral properties within Canada.
Executives
Cyrus Driver Director, Senior Officer