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Central Rand Gold (LSE:CRND) Total Current Liabilities : £12.76 Mil (As of Jun. 2017)


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What is Central Rand Gold Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Central Rand Gold's total current liabilities for the quarter that ended in Jun. 2017 was £12.76

Central Rand Gold Total Current Liabilities Historical Data

The historical data trend for Central Rand Gold'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.

Central Rand Gold Total Current Liabilities Chart

Central Rand Gold Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.83 7.62 9.93 9.81 11.74

Central Rand Gold Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 9.44 9.81 10.68 11.74 12.76

Central Rand Gold Total Current Liabilities Calculation

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

Central Rand Gold's Total Current Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.38+6.025
+Other Current Liabilities+Current Deferred Liabilities
=0.33+0
=11.74

Central Rand Gold's Total Current Liabilities for the quarter that ended in Jun. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.427+6.2
+Other Current Liabilities+Current Deferred Liabilities
=0.136+0
=12.76

* 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

Central Rand Gold Total Current Liabilities Related Terms

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Central Rand Gold (LSE:CRND) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Central Rand Gold Ltd (LSE:CRND) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
Trafalgar Court, 2nd Floor, East Wing, Admiral Park, St Peter Port, GGY, GY13HU
Website
http://www.centralrandgold.com
Central Rand Gold Ltd is a gold exploration and production group. It is engaged in a gold mining and exploration project that aims to bring profitable and sustainable gold mining back to the City of Johannesburg. The company plans to extract all profitable gold from its resource base using appropriate mining, processing, and environmentally friendly technologies. Central Rand Gold's current portfolio is the Consolidated Main Reef (CMR) operations which have been split into CMR West and CMR East and the Crown Mines development. CMR West is Central Rand Gold's first mining target area. It comprises an operational underground and opencast gold mine that utilizes conventional opencast stopping and extraction methods.

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