RDEMF (Red Eagle Mining) Total Current Liabilities: $112.19 Mil (As of Jun. 2018)


What is Red Eagle Mining Total Current Liabilities?

Red Eagle Mining RDEMF -99.00% Total Current Liabilities is $112.19 Mil as of Jun. 2018.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Red Eagle Mining's total current liabilities for the quarter that ended in Jun. 2018 was $112.19

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

Red Eagle Mining Total Current Liabilities Related Terms

Red Eagle Mining Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Red Eagle 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.

Red Eagle Mining Total Current Liabilities Chart

Red Eagle Mining Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Current Liabilities
Get a 7-Day Free Trial 2.01 0.96 9.36 34.73 30.86

Red Eagle Mining Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 90.72 24.66 30.86 45.22 112.19

Red Eagle 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.

Red Eagle Mining's Total Current Liabilities for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=15.441+15.422
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=30.86

Red Eagle Mining's Total Current Liabilities for the quarter that ended in Jun. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=28.551+83.634
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=112.19

* 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 $112.19 Mil mean?
Red Eagle Mining (RDEMF) has a Total Current Liabilities of $112.19 Mil as of Jun. 2018. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Red Eagle Mining and its competitors.
Is Red Eagle Mining's Total Current Liabilities too high?
Red Eagle Mining's current Total Current Liabilities is $112.19 Mil.
How does Red Eagle Mining's Total Current Liabilities compare to DTRC and THMG?
Red Eagle Mining's Total Current Liabilities of $112.19 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 Red Eagle Mining and its competitors. Red Eagle Mining's current Total Current Liabilities is $112.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Eagle Mining stock overvalued right now?
Red Eagle Mining (RDEMF) has a current Total Current Liabilities of $112.19 Mil. The current Total Current Liabilities is $112.19 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 Red Eagle Mining (RDEMF), the current Total Current Liabilities is $112.19 Mil as of Jun. 2018. 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.

Red Eagle Mining Business Description

Address 666 Burrard Street, Suite 2348, Vancouver, BC, CAN, V6C 2X8
Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.