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Lithium Royalty (TSX:LIRC) Total Current Liabilities : C$3.48 Mil (As of Sep. 2024)


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What is Lithium Royalty Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lithium Royalty's total current liabilities for the quarter that ended in Sep. 2024 was C$3.48

Lithium Royalty Total Current Liabilities Historical Data

The historical data trend for Lithium Royalty'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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Lithium Royalty Total Current Liabilities Chart

Lithium Royalty Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
0.59 0.26 0.99 9.51 2.57

Lithium Royalty Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.20 2.57 1.32 1.98 3.48

Lithium Royalty Total Current Liabilities Calculation

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

Lithium Royalty's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.422+0
+Other Current Liabilities+Current Deferred Liabilities
=0.144+0
=2.57

Lithium Royalty's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.04+0.092
+Other Current Liabilities+Current Deferred Liabilities
=0.344+0
=3.48

* 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

Lithium Royalty Total Current Liabilities Related Terms

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Lithium Royalty Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Royalty Corp (TSX:LIRC) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
LITRF:USA X1Q:Germany
Address
1133 Yonge Street, 5th Floor, Toronto, ON, CAN, M4T 2Y7
Website
https://www.lithiumroyaltycorp.com
Lithium Royalty Corp is a lithium-focused royalty company organized in Canada. The firm with affiliates or joint venture partners has established a portfolio of royalties on mineral properties that supply and are expected to supply raw materials to support the electrification and decarbonization of the global economy. Geographically the company generates the majority of its revenue from Australia.
Executives
Mark Wellings Director, Senior Officer
Ernie Ortiz Ortega Director, Senior Officer
Blair Levinsky Director, Senior Officer
Kai Hou (billy) Choi Senior Officer
Elizabeth Breen Director
Lithium Royalty Corp. Issuer
Philip Panet Senior Officer
Robert Russell Weir Senior Officer
Dominique Barker Senior Officer

Lithium Royalty Headlines

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