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Gryphon Digital Mining (Gryphon Digital Mining) Total Current Liabilities : $10.37 Mil (As of Dec. 2023)


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What is Gryphon Digital Mining Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Gryphon Digital Mining's total current liabilities for the quarter that ended in Dec. 2023 was $10.37


Gryphon Digital Mining Total Current Liabilities Historical Data

The historical data trend for Gryphon Digital Mining'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.

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Gryphon Digital Mining Total Current Liabilities Chart

Gryphon Digital Mining Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
6.86 22.51 10.37

Gryphon Digital Mining Semi-Annual Data
Dec21 Dec22 Dec23
Total Current Liabilities 6.86 22.51 10.37

Gryphon Digital Mining Total Current Liabilities Calculation

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

Gryphon Digital Mining's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.423+5.149
+Other Current Liabilities+Current Deferred Liabilities
=0.397+0.4
=10.37

Gryphon Digital Mining'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
=4.423+5.149
+Other Current Liabilities+Current Deferred Liabilities
=0.397+0.4
=10.37

* 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


Gryphon Digital Mining Total Current Liabilities Related Terms

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Gryphon Digital Mining (Gryphon Digital Mining) Business Description

Comparable Companies
Traded in Other Exchanges
Address
5953 Mabel Road, Unit 138, Las Vegas, NV, USA, 89110
Gryphon Digital Mining Inc is a Bitcoin mining company. Gryphon's mission is to create the world's leading net carbon-neutral Bitcoin miner. The Company will operate a digital asset, mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips to solve complex cryptographic algorithms in support of the Bitcoin blockchain in exchange for cryptocurrency rewards (primarily Bitcoin).

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