GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oakbay Resources and Energy Ltd (JSE:46926) » Definitions » Total Current Liabilities

Oakbay Resources and Energy (JSE:46926) Total Current Liabilities : R280.5 Mil (As of Feb. 2017)


View and export this data going back to 2014. Start your Free Trial

What is Oakbay Resources and Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Oakbay Resources and Energy's total current liabilities for the quarter that ended in Feb. 2017 was R280.5

Oakbay Resources and Energy Total Current Liabilities Historical Data

The historical data trend for Oakbay Resources and Energy'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.

Oakbay Resources and Energy Total Current Liabilities Chart

Oakbay Resources and Energy Annual Data
Trend Feb14 Feb15 Feb16 Feb17
Total Current Liabilities
1,006.31 431.12 487.42 280.46

Oakbay Resources and Energy Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17
Total Current Liabilities Get a 7-Day Free Trial 431.12 469.08 487.42 367.69 280.46

Oakbay Resources and Energy Total Current Liabilities Calculation

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

Oakbay Resources and Energy's Total Current Liabilities for the fiscal year that ended in Feb. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=233.26+47.2
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=280.5

Oakbay Resources and Energy's Total Current Liabilities for the quarter that ended in Feb. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=233.26+47.2
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=280.5

* 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

Oakbay Resources and Energy Total Current Liabilities Related Terms

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

Oakbay Resources and Energy (JSE:46926) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oakbay Resources and Energy Ltd (JSE:46926) » Definitions » Total Current Liabilities
Comparable Companies
TSX:U ISX:BRMS TSX:OSK ASX:CIA TSX:MDI HKSE:00433 TSX:NMX HKSE:01370 TSX:SWY ISX:SMRU SHSE:600714 TSX:MPVD SZSE:002066 LIM:PODERC1 ASX:AVZ SHSE:603663 TSX:KDX HKSE:01164 SHSE:600408 TSX:S
Traded in Other Exchanges
N/A
Address
Website
http://www.oakbay.co.za
Oakbay Resources and Energy Ltd mines for energy resources with a focus on uranium development and coal production. The company's Shiva Uranium project inferred uranium resources more than 190 million pounds and indicated and inferred gold resources more than 5 million ounces. It mines for gold deposits as a by-product and offers outsourced contracting to the mining industry. The company's segments consist of Gold Operations, Uranium Development, Central Services and Contract Mining. The majority of its revenues are derived from mining and sale of gold in the Republic of South Africa.

Oakbay Resources and Energy (JSE:46926) Headlines

No Headlines