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GoldMining (TSX:GOLD) Total Current Liabilities : C$4.31 Mil (As of Feb. 2025)


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What is GoldMining Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. GoldMining's total current liabilities for the quarter that ended in Feb. 2025 was C$4.31

GoldMining Total Current Liabilities Historical Data

The historical data trend for GoldMining'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.

GoldMining Total Current Liabilities Chart

GoldMining Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 13.57 10.99 2.34 4.24

GoldMining Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 3.54 3.85 3.36 4.24 4.31

GoldMining Total Current Liabilities Calculation

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

GoldMining's Total Current Liabilities for the fiscal year that ended in Nov. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.147+0.088
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=4.24

GoldMining's Total Current Liabilities for the quarter that ended in Feb. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.215+0.091
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=4.31

* 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

GoldMining Total Current Liabilities Related Terms

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GoldMining Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GoldMining Inc (TSX:GOLD) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
GLDG:USA 0UYN:UK BSR:Germany
Address
1188 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 4A2
Website
https://www.goldmining.com
GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and Peru. The principal projects are its La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia; Crucero project, located in Peru; Sao Jorge, Batistao, located in Brazil; Yellowknife Gold Project, located in the Northwest Territories, Canada; and various other projects such as Cachoeira, Yarumalito, Whistler, Surubim, Montes Aureos and Trinta, Rea across different locations. The company has two operating segments, with U.S. GoldMining being one distinct operating segment and all other subsidiaries, or Others, being the second operating segment.
Executives
Alastair Still Senior Officer
David Tokpay Kong Director
Pat Obara Senior Officer
Mario Bernardo Garnero Director
Garnet L. Dawson Director
Paulo Valle Pereira Neto Senior Officer
Herb Dhaliwal Director
Gloria Ballesta Director

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