GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Big Red Mining Corp (STU:K8J) » Definitions » Total Current Liabilities

Big Red Mining (STU:K8J) Total Current Liabilities : €0.09 Mil (As of May. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Big Red 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. Big Red Mining's total current liabilities for the quarter that ended in May. 2024 was €0.09

Big Red Mining Total Current Liabilities Historical Data

The historical data trend for Big Red 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.

* Premium members only.

Big Red Mining Total Current Liabilities Chart

Big Red Mining Annual Data
Trend Aug21 Aug22 Aug23
Total Current Liabilities
0.04 0.05 0.05

Big Red Mining Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.05 0.07 0.09 0.09

Big Red 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.

Big Red Mining's Total Current Liabilities for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.05+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.05

Big Red Mining's Total Current Liabilities for the quarter that ended in May. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.085+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.09

* 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

Big Red Mining Total Current Liabilities Related Terms

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

Big Red Mining Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Big Red Mining Corp (STU:K8J) » Definitions » Total Current Liabilities
Comparable Companies
TSXV:TR TSXV:BST.H TSXV:NED TSXV:NOCR XCNQ:SCM XCNQ:NXU.X XCNQ:PEK XCNQ:PMS XCNQ:JJJ.X XCNQ:RMES ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
RED:Canada
Address
101 - 17565 58 Avenue, Surrey, BC, CAN, V3S 4E3
Website
https://www.bigredmining.com
Big Red Mining Corp is in the business of acquiring and exploring mineral properties. It is an exploration company focused on developing its flagship copper project, the Dobie Lake Copper Property in Ontario, Canada. The management team possesses extensive experience in financing, exploration, development, and mining. The Company's mission is to conduct future drilling campaigns on the Dobie Lake copper property to maximize its minable resource potential.

Big Red Mining Headlines

No Headlines