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SolGold (SolGold) Total Current Liabilities : $6.88 Mil (As of Dec. 2023)


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What is SolGold Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. SolGold's total current liabilities for the quarter that ended in Dec. 2023 was $6.88


SolGold Total Current Liabilities Historical Data

The historical data trend for SolGold'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.

SolGold Total Current Liabilities Chart

SolGold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.52 21.62 8.18 6.92 13.79

SolGold Quarterly Data
Dec16 Jun17 Sep17 Dec17 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
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 6.92 11.98 13.69 13.79 6.88

SolGold Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

SolGold's Total Current Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=8.435+0.379
+Other Current Liabilities+Current Deferred Liabilities
=4.971+0
=13.79

SolGold's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.84+0.32
+Other Current Liabilities+Current Deferred Liabilities
=0.717+0
=6.88

* 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


SolGold Total Current Liabilities Related Terms

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SolGold (SolGold) Business Description

Traded in Other Exchanges
Address
1 King Street, London, GBR, EC2V 8AU
SolGold PLC is a developer of an exploration company intended to explore gold and copper mining properties. The company's platform helps in the discovery, definition and development of world-class copper-gold deposits, enabling systematic and discipline exploration of both metals.

SolGold (SolGold) Headlines

From GuruFocus

SolGold PLC Announces Publication of Prospectus

By ACCESSWIRE ACCESSWIRE 02-22-2023

SolGold Company Update

By ACCESSWIRE 10-25-2023

SolGold PLC Announces Appointment of CFO and CEO

By ACCESSWIRE ACCESSWIRE 03-20-2023

SolGold PLC Announces Third-Quarter Financial Report and MD&A

By ACCESSWIRE ACCESSWIRE 05-15-2023

SolGold PLC Announces TR-1: Notification of Major Holdings

By ACCESSWIRE ACCESSWIRE 06-16-2023

SolGold PLC Announces Corporate Update

By ACCESSWIRE 01-22-2024

SolGold PLC Announces Notice of AGM

By ACCESSWIRE 11-23-2023