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Minerva Gold (Minerva Gold) Total Current Liabilities : $0.03 Mil (As of Feb. 2024)


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What is Minerva 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. Minerva Gold's total current liabilities for the quarter that ended in Feb. 2024 was $0.03

Minerva Gold Total Current Liabilities Historical Data

The historical data trend for Minerva 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.

Minerva Gold Total Current Liabilities Chart

Minerva Gold Annual Data
Trend Feb21 Feb22 Feb23 Feb24
Total Current Liabilities
- 0.01 0.01 0.03

Minerva Gold Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.03

Minerva 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.

Minerva Gold's Total Current Liabilities for the fiscal year that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+0.034
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.03

Minerva Gold's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+0.034
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.03

* 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

Minerva Gold Total Current Liabilities Related Terms

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Minerva Gold (Minerva Gold) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minerva Gold Inc (OTCPK:MINR) » Definitions » Total Current Liabilities
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Address
12/1 Kunayev str, IA 17, Nur-Sultan, KAZ, 010000
Website
Minerva Gold Inc is a junior mineral exploration company engaged in the identification, acquisition and exploration of precious metals in Kazakhstan.

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