GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Metal Resources Ltd (OTCPK:RMESF) » Definitions » Total Current Liabilities

RMESF (Red Metal Resources) Total Current Liabilities : $2.58 Mil (As of Apr. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Red Metal Resources Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Red Metal Resources's total current liabilities for the quarter that ended in Apr. 2024 was $2.58

Red Metal Resources Total Current Liabilities Historical Data

The historical data trend for Red Metal Resources'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.

Red Metal Resources Total Current Liabilities Chart

Red Metal Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.21 0.20 2.11 2.52

Red Metal Resources Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 2.21 2.37 2.40 2.52 2.58

Red Metal Resources 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 Metal Resources's Total Current Liabilities for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.615+1.909
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.52

Red Metal Resources's Total Current Liabilities for the quarter that ended in Apr. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.597+1.98
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.58

* 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

Red Metal Resources Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Red Metal Resources's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Red Metal Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red Metal Resources Ltd (OTCPK:RMESF) » Definitions » Total Current Liabilities
Comparable Companies
TSXV:RUN.H TSXV:EPO.H TSXV:NED TSXV:NOCR TSXV:HCC TSXV:AEL.H XCNQ:RED TSXV:OWN XCNQ:CMP XCNQ:CRES ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 MEX:GMEXICOB LSE:AAL MIC:GMKN
Traded in Other Exchanges
RMES:Canada
Address
1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4
Website
https://www.redmetalresources.com
Red Metal Resources Ltd is involved in acquiring and exploring mineral properties in Chile. The company's interest in exploration and evaluation assets consisted of three active copper-gold projects on two properties, namely the Farellon and Perth Projects both located on the Carrizal Property, and the Mateo Project located on the Mateo Property.
Executives
Richard Jeffs 10 percent owner FLAT 7, 6 ENNISMORE GARDENS, LONDON X0 SW7 1NL
Caitlin Jeffs director 195 PARK AVENUE, THUNDER BAY A6 P7B 1B9
Jeffrey Cocks director 118 8TH AVE. NW, CALGARY A0 T2M 0A4
Michael Thompson director 195 PARK AVENUE, THUNDER BAY A6 P7B 1B9
Mcfarlane Cody Michael director PUNTA NOGALES 1324, HOUSE 19, SANTIAGO F3 000000
Joao Dacosta officer: Chief Financial Officer #810 - 789 WEST PENDER STREET, VANCOUVER A1 V6C 1H2
Susan Jeffs 10 percent owner 4 MONTPELIER STREET, SUITE 521, LONDON X0 SW7 1EE
Robert Andjelic 10 percent owner P.O. BOX 69, MILLARVILLE A0 1KO
Laboa Holdings Inc. 10 percent owner SUITE 1-A, #5, CALLE EUSEBIO A. MORALES, EL CANGREJO, PANAMA CITY R1 00000
Kevin Mitchell 10 percent owner ALONSO DE ERCILLA #733, VALLENAR F3 00000
Cicco John Di director, 10 percent owner, officer: CEO, President, and CFO 10168 LAWSON DRIVE, RICHMOND A1 V7E 5M3

Red Metal Resources Headlines