Silvernds Resources (Silvernds Resources) Total Current Liabilities : $0.19 Mil (As of Jan. 2024)

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What is Silvernds 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. Silvernds Resources's total current liabilities for the quarter that ended in Jan. 2024 was $0.19

Silvernds Resources Total Current Liabilities Historical Data

The historical data trend for Silvernds 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.

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Silvernds Resources Total Current Liabilities Chart

Silvernds Resources Annual Data

Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24

Total Current Liabilities

Get a 7-Day Free Trial 0.02 0.04 0.02 0.06 0.19

Silvernds Resources Quarterly Data

Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24

Total Current Liabilities Get a 7-Day Free Trial 0.06 0.09 0.13 0.16 0.19

Silvernds 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.

Silvernds 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

= 0.186 + 0

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 0.19

Silvernds Resources's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

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

= 0.186 + 0

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 0.19

* 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.

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

Silvernds Resources Total Current Liabilities Related Terms
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Silvernds Resources (Silvernds Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Sands Resources Corp (OTCPK:SSRSF) » Definitions » Total Current Liabilities

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Traded in Other Exchanges

SAND:Canada

Address

1100 Melville Street, Suite 830, Vancouver, BC, CAN, V6E 4A6

Website

https://www.silversandscorp.com

Silver Sands Resources Corp is a mining company. The Company's business activities include the acquisition and exploration of mineral property assets. The Virginia silver project is located in the southern region of Argentina known as Patagonia, in the mining-friendly and resource-rich province of Santa Cruz. The company's other projects include The Detour project is located in the Detour Greenstone Belt; and its Maple Bay property.

Silvernds Resources (Silvernds Resources) Headlines

From GuruFocus

Golden Opportunity Resources Signs Option to Purchase Agreement for Detour Lake Property
By [email protected] [email protected] • 02-05-2020

Silvernds Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Liabilities	Get a 7-Day Free Trial															0.06	0.09	0.13	0.16	0.19

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	0.186	+	0
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0	+	0
	=	0.19