RAFX (Rafex Gold) Total Current Liabilities: $0.03 Mil (As of Sep. 2023)


RAFX Rafex Gold Corp RAFX
39 GF Score
Price $0.50
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What is Rafex Gold Total Current Liabilities?

Rafex Gold RAFX -50.32% 39 Total Current Liabilities is $0.03 Mil as of Sep. 2023. GuruFocus rates RAFX with a GF Score™ of 39/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Rafex Gold's total current liabilities for the quarter that ended in Sep. 2023 was $0.03

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

Rafex Gold Total Current Liabilities Related Terms

Rafex Gold Total Current Liabilities Historical Data

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The historical data trend for Rafex 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.

Rafex Gold Total Current Liabilities Chart

Rafex Gold Annual Data
Trend
Total Current Liabilities

Rafex Gold Quarterly Data
Sep22 Sep23
Total Current Liabilities 0.00 0.03
RAFX
39GF Score
Rafex Gold Corp RAFX
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Rafex 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.

Rafex Gold's Total Current Liabilities for the fiscal year that ended in . 20 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=+
+Other Current Liabilities+Current Deferred Liabilities
=+
=0.00

Rafex Gold's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

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

What does a Total Current Liabilities of $0.03 Mil mean?
Rafex Gold (RAFX) has a Total Current Liabilities of $0.03 Mil as of Sep. 2023. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Rafex Gold and its competitors.
Is Rafex Gold's Total Current Liabilities too high?
Rafex Gold's current Total Current Liabilities is $0.03 Mil. Overall, Rafex Gold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Rafex Gold's Total Current Liabilities compare to AHAD and BLAIF?
Rafex Gold's Total Current Liabilities of $0.03 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Total Current Liabilities depends on the Diversified Financial Services 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 Rafex Gold and its competitors. Rafex Gold's current Total Current Liabilities is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafex Gold stock overvalued right now?
Rafex Gold (RAFX) has a current Total Current Liabilities of $0.03 Mil. The current Total Current Liabilities is $0.03 Mil. Rafex Gold's overall GF Score™ is 39/100. 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 Rafex Gold (RAFX), the current Total Current Liabilities is $0.03 Mil as of Sep. 2023. 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.

Rafex Gold Business Description

Address 1912 Capitol Avenue, Suite 500, Cheyenne, WY, USA, 82001
Rafex Gold Corp engages in mineral exploration activities, focusing on the exploration and development of various mineral resources. The company's key assets include the Bendoc, Mt Bute, and Rutherglen projects, along with the Aur Gading iron ore mine. The Mt Bute Project is located in the Lachlan Orogen, a region known for hosting gold deposits, and is currently undergoing exploration and development activities.
39GF Score

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Total Current Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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