GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maronan Metals Ltd (ASX:MMA) » Definitions » Total Current Liabilities

Maronan Metals (ASX:MMA) Total Current Liabilities : A$0.29 Mil (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Maronan Metals Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Maronan Metals's total current liabilities for the quarter that ended in Dec. 2023 was A$0.29

Maronan Metals Total Current Liabilities Historical Data

The historical data trend for Maronan Metals'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.

Maronan Metals Total Current Liabilities Chart

Maronan Metals Annual Data
Trend Jun22 Jun23
Total Current Liabilities
0.29 1.15

Maronan Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities 0.01 0.29 0.78 1.15 0.29

Maronan Metals Total Current Liabilities Calculation

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

Maronan Metals's Total Current Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.017+0.052
+Other Current Liabilities+Current Deferred Liabilities
=0.083+0
=1.15

Maronan Metals's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.198+0.024
+Other Current Liabilities+Current Deferred Liabilities
=0.07+0
=0.29

* 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

Maronan Metals Total Current Liabilities Related Terms

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

Maronan Metals (ASX:MMA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Maronan Metals Ltd (ASX:MMA) » Definitions » Total Current Liabilities
Comparable Companies
ASX:IDA ASX:TLM ASX:SPD ASX:BRX ASX:MKR ASX:FEG ASX:HMX ASX:LCL ASX:RIM ASX:LOM ISX:AMMN JSE:AMS MIC:ALRS SZSE:000975 LSE:FRES ISX:MBMA JSE:IMP TSX:TFPM HL JSE:NPH
Traded in Other Exchanges
N/A
Address
15 Griffith Street, Cloncurry, QLD, AUS, 4824
Website
http://www.maronanmetals.com.au
Maronan Metals Ltd is engaged in identifying and securing prospective mineral tenements and undertaking exploration for and development of mineral resources. It owns the Maronan lead-silver and copper-gold Project. The project is located in Queensland, Australia.

Maronan Metals (ASX:MMA) Headlines

From GuruFocus

Alta Global Group Limited Announces Pricing of Initial Public Offering

By ACCESSWIRE • 03-28-2024