Sail Mining Group (JSE:SGP) Total Current Liabilities: R1,215 Mil (As of Aug. 2021)


What is Sail Mining Group Total Current Liabilities?

Sail Mining Group JSE:SGP Total Current Liabilities is R1,215 Mil as of Aug. 2021.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Sail Mining Group's total current liabilities for the quarter that ended in Aug. 2021 was R1,215

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Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Sail Mining Group Total Current Liabilities Related Terms

Sail Mining Group Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Sail Mining Group'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.

Sail Mining Group Total Current Liabilities Chart

Sail Mining Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.40 399.13 598.99 1,043.90 994.11

Sail Mining Group Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
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 781.74 1,043.90 1,237.50 994.11 1,214.53

Sail Mining Group Total Current Liabilities Calculation

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

Sail Mining Group's Total Current Liabilities for the fiscal year that ended in Feb. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=475.728+482.835
+Other Current Liabilities+Current Deferred Liabilities
=35.544+0
=994

Sail Mining Group's Total Current Liabilities for the quarter that ended in Aug. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=474.232+430.747
+Other Current Liabilities+Current Deferred Liabilities
=309.554+0
=1,215

* 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 R1,215 Mil mean?
Sail Mining Group (JSE:SGP) has a Total Current Liabilities of R1,215 Mil as of Aug. 2021. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Sail Mining Group and its competitors.
Is Sail Mining Group's Total Current Liabilities too high?
Sail Mining Group's current Total Current Liabilities is R1,215 Mil.
How does Sail Mining Group's Total Current Liabilities compare to BHPBF?
Sail Mining Group's Total Current Liabilities of R1,215 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 Sail Mining Group and its competitors. Sail Mining Group's current Total Current Liabilities is R1,215 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sail Mining Group stock overvalued right now?
Sail Mining Group (JSE:SGP) has a current Total Current Liabilities of R1,215 Mil. The current Total Current Liabilities is R1,215 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 Sail Mining Group (JSE:SGP), the current Total Current Liabilities is R1,215 Mil as of Aug. 2021. 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.

Sail Mining Group Business Description

Address 4 Peltier Drive, Unit 25 Sunninghill Office Park, Johannesburg, GT, ZAF, 2054
Sail Mining Group Ltd Formerly Chrometco Ltd is a mineral exploration company. It has chrome and mining operations in the North-West Province of South Africa. In addition, Chrometco focuses on the investigation of other chrome and base metal properties for exploration purposes and on researching and investigating business development opportunities. The group holds interest in mining, concentrating and beneficiating various metals and their ores, in particular chrome, platinum, copper, cobalt, nickel and manganese.