GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golden Patriot Corp (OTCPK:GPTC) » Definitions » Total Current Liabilities

Golden Patriot (Golden Patriot) Total Current Liabilities : $0.25 Mil (As of Jan. 2008)


View and export this data going back to 2002. Start your Free Trial

What is Golden Patriot Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Golden Patriot's total current liabilities for the quarter that ended in Jan. 2008 was $0.25


Golden Patriot Total Current Liabilities Historical Data

The historical data trend for Golden Patriot'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.

Golden Patriot Total Current Liabilities Chart

Golden Patriot Annual Data
Trend Apr02 Apr03 Apr04 Apr05 Apr06 Apr07
Total Current Liabilities
Get a 7-Day Free Trial 0.25 0.12 0.47 0.32 0.12

Golden Patriot Quarterly Data
Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08
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 0.07 0.12 0.31 1.23 0.25

Golden Patriot Total Current Liabilities Calculation

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

Golden Patriot's Total Current Liabilities for the fiscal year that ended in Apr. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.117+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.12

Golden Patriot's Total Current Liabilities for the quarter that ended in Jan. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.25+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.25

* 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


Golden Patriot Total Current Liabilities Related Terms

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


Golden Patriot (Golden Patriot) Business Description

Traded in Other Exchanges
N/A
Address
8 Bond Street, Suite 124, Great Neck, NY, USA, 11021
Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.

Golden Patriot (Golden Patriot) Headlines

No Headlines