Vanadiumcorp Resource (Vanadiumcorp Resource) Total Current Liabilities

: $0.51 Mil (As of Jan. 2024)

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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. Vanadiumcorp Resource's total current liabilities for the quarter that ended in Jan. 2024 was $0.51

Vanadiumcorp Resource Total Current Liabilities Historical Data

The historical data trend for Vanadiumcorp Resource'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.

Vanadiumcorp Resource Annual Data

Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23

Total Current Liabilities

0.98 0.41 0.60 0.95 0.71

Vanadiumcorp Resource 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 0.71 0.83 0.40 0.71 0.51

Vanadiumcorp Resource Total Current Liabilities Calculation

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

Vanadiumcorp Resource's Total Current Liabilities for the fiscal year that ended in Oct. 2023 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 0.594 + 0.112

+ Other Current Liabilities + Current Deferred Liabilities

= 0.001 + 0

= 0.71

Vanadiumcorp Resource'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

= 0.422 + 0.09

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 0.51

* 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

Vanadiumcorp Resource Total Current Liabilities Related Terms
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Vanadiumcorp Resource (Vanadiumcorp Resource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vanadiumcorp Resource Inc (OTCPK:VRBFF) » Definitions » Total Current Liabilities

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Traded in Other Exchanges

NWNA:Germany VRB:Canada

Address

303-5455 West Boulevard, Vancouver, BC, CAN, V6M 3W5

Website

https://www.vanadiumcorp.com

Vanadiumcorp Resource Inc is engaged in the exploration and development of mineral properties in Canada. It is also involved in the development of vanadium redox flow battery technology in Germany. The company's primary focus is on the Lac Dore and Iron-T Properties in Quebec which is prospective for vanadium, titanium, and iron.

Vanadiumcorp Resource (Vanadiumcorp Resource) Headlines

From GuruFocus

VanadiumCorp Resource Inc. Acquires All Patent Rights and the Entire VanadiumCorp-Electrochem Process Technology ("VEPT") Intellectual Property Portfolio
By Marketwired Marketwired • 11-24-2020

VanadiumCorp Trilateral Partnership MOU Signed to Commercially Develop Next-Generation Flow Battery Technology for Zero-Emission Marine Vessels/Ships
By Marketwired Marketwired • 01-06-2021

VanadiumCorp and CENELEST Testing Next Generation Electrolyte for Vanadium Redox Flow Batteries for Mobile Applications
By Marketwired Marketwired • 12-08-2020

VanadiumCorp Resource Inc. Awarded Notice of Allowance From US Patent and Trademark Office for VanadiumCorp-Electrochem Process Technology ("VEPT")
By GlobeNewswire GlobeNewswire • 12-02-2020

VanadiumCorp Resource Inc. Commences Trading on the OTCQB Market in the USA
By Marketwired Marketwired • 03-10-2021

VanadiumCorp Resource Inc. Awarded Notice of Allowance From US Patent and Trademark Office for VanadiumCorp-Electrochem Process Technology ("VEPT")
By Marketwired Marketwired • 12-02-2020

Paul McGuigan Appointed to Board of Directors & as Vice President of Business Development
By Marketwired Marketwired • 01-21-2021

Commercial Development Work Commences for Zero-Emission Marine Vessels Powered by Next Generation Vanadium Redox Flow Batteries
By Marketwired Marketwired • 01-07-2021

VanadiumCorp Files NI 43-101 Technical Report
By Marketwired Marketwired • 12-14-2020

Vanadiumcorp Resource 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																0.71	0.83	0.40	0.71	0.51

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	0.594	+	0.112
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0.001	+	0
	=	0.71