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TTLXF (Tantalex Lithium Resources) Short-Term Debt & Capital Lease Obligation : $20.28 Mil (As of Aug. 2024)


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What is Tantalex Lithium Resources Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Tantalex Lithium Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $20.28 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Tantalex Lithium Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $2.15 Mil.

Tantalex Lithium Resources Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Tantalex Lithium Resources's Short-Term Debt & Capital Lease Obligation 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.

Tantalex Lithium Resources Short-Term Debt & Capital Lease Obligation Chart

Tantalex Lithium Resources Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Short-Term Debt & Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.75 3.49 11.96 11.41 17.07

Tantalex Lithium Resources Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Short-Term Debt & Capital Lease Obligation 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 14.80 16.28 17.07 19.72 20.28

Tantalex Lithium Resources Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.

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

Tantalex Lithium Resources Short-Term Debt & Capital Lease Obligation Related Terms

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Tantalex Lithium Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tantalex Lithium Resources Corp (OTCPK:TTLXF) » Definitions » Short-Term Debt & Capital Lease Obligation
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Traded in Other Exchanges
DW8:Germany TTX:Canada
Address
120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, M5H 1T1
Website
https://www.tantalexlithium.com
Tantalex Lithium Resources Corp is a mining exploration and development company. It is engaged in the acquisition, exploration, development, and distribution of lithium, tin, tantalum, and other high-tech mineral properties in Africa. Its projects comprise Manono Tailings, Pegmatite Corridor Exploration, and Titan. It has one operating segment being the sector of exploration and evaluation of mineral resources.