Korab Resources (ASX:KOR) Total Current Liabilities: A$0.30 Mil (As of Dec. 2024)


What is Korab Resources Total Current Liabilities?

Korab Resources ASX:KOR Total Current Liabilities is A$0.30 Mil as of Dec. 2024.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Korab Resources's total current liabilities for the quarter that ended in Dec. 2024 was A$0.30

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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

Korab Resources Total Current Liabilities Related Terms

Korab Resources Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Korab Resources'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.

Korab Resources Total Current Liabilities Chart

Korab Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.43 0.28 0.23 0.28

Korab Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.50 0.23 0.24 0.28 0.30

Korab Resources Total Current Liabilities Calculation

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

Korab Resources's Total Current Liabilities for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.242+0.035
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.28

Korab Resources's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.302+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.30

* 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.

What does a Total Current Liabilities of A$0.30 Mil mean?
Korab Resources (ASX:KOR) has a Total Current Liabilities of A$0.30 Mil as of Dec. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Korab Resources and its competitors.
Is Korab Resources' Total Current Liabilities too high?
Korab Resources' current Total Current Liabilities is A$0.30 Mil.
How does Korab Resources' Total Current Liabilities compare to competitors?
Korab Resources' Total Current Liabilities of A$0.30 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Metals & Mining company?
A good Total Current Liabilities depends on the Metals & Mining industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Korab Resources and its competitors. Korab Resources's current Total Current Liabilities is A$0.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korab Resources stock overvalued right now?
Korab Resources (ASX:KOR) has a current Total Current Liabilities of A$0.30 Mil. The current Total Current Liabilities is A$0.30 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Korab Resources (ASX:KOR), the current Total Current Liabilities is A$0.30 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Korab Resources Business Description

Address 20 Prowse Street, West Perth, Perth, WA, AUS, 6005
Korab Resources Ltd is a battery and precious metals mining and exploration company. It is engaged in mineral exploration and the evaluation of mineral properties. It corporate strategy is to locate, acquire, advance and then crystallise value from their prospects and deposits though development, joint venture or sale. It operates development projects in Australia and exploration projects in Northern Territory. The company projects include the Bobrikovo project located in Ukraine, the Winchester magnesium and the Geolsec Phosphate projects, the Sundance project, the Batchelor and the Green Alligator projects located in Northern Territory, and the Mt. Elephant project situated in Western Australia.