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Santo Mining (Santo Mining) Total Current Liabilities : $0.75 Mil (As of Jul. 2015)


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What is Santo Mining Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Santo Mining's total current liabilities for the quarter that ended in Jul. 2015 was $0.75

Santo Mining Total Current Liabilities Historical Data

The historical data trend for Santo 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.

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Santo Mining Total Current Liabilities Chart

Santo Mining Annual Data
Trend Jul10 Jul11 Jul12 Jul13 Jul14
Total Current Liabilities
- 0.04 0.13 0.85 1.14

Santo Mining Semi-Annual Data
Jul10 Jul11 Jul12 Jul13 Jul14 Jul15
Total Current Liabilities Get a 7-Day Free Trial 0.04 0.13 0.85 1.14 0.75

Santo 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.

Santo Mining's Total Current Liabilities for the fiscal year that ended in Jul. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.66+0.217
+Other Current Liabilities+Current Deferred Liabilities
=0.264+0
=1.14

Santo Mining's Total Current Liabilities for the quarter that ended in Jul. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.432+0.321
+Other Current Liabilities+Current Deferred Liabilities
=-0.001+0
=0.75

* 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

Santo Mining Total Current Liabilities Related Terms

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Santo Mining (Santo Mining) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Santo Mining Corp (OTCPK:SANP) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
848 Biscayne Boulevard, PH5, Miami, FL, USA, 33133
Website
https://www.santoblockchain.com
Santo Mining Corp is a Wyoming corporation and its wholly owned subsidiaries is a vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end "BaaS" Blockchain-as-a-Service, similar to software-as-a-service, blockchain as a service lets businesses get applications up and running with minimal hassle.