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Goldshore Resources (TSXV:GSHR) Total Current Liabilities : C$1.35 Mil (As of Dec. 2024)


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What is Goldshore 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. Goldshore Resources's total current liabilities for the quarter that ended in Dec. 2024 was C$1.35

Goldshore Resources Total Current Liabilities Historical Data

The historical data trend for Goldshore 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.

* Premium members only.

Goldshore Resources Total Current Liabilities Chart

Goldshore Resources Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Dec24
Total Current Liabilities
0.49 15.19 2.57 1.88 1.35

Goldshore Resources Quarterly Data
Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.49 0.58 0.89 0.68 1.35

Goldshore 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.

Goldshore Resources's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.283+0.071
+Other Current Liabilities+Current Deferred Liabilities
=2.2204460492503E-16+0
=1.35

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.283+0.071
+Other Current Liabilities+Current Deferred Liabilities
=2.2204460492503E-16+0
=1.35

* 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

Goldshore Resources Total Current Liabilities Related Terms

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Goldshore Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldshore Resources Inc (TSXV:GSHR) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
GSHRF:USA 8X00:Germany
Address
400 Burrard Street, 450 Commerce Place, Vancouver, BC, CAN, V6C 3A6
Website
https://www.goldshoreresources.com
Goldshore Resources Inc is a growth-oriented gold company focused on the acquisition and advancement of primary gold assets in tier-one jurisdictions. The company's current focus is the stage 100% owned Moss Gold Project, which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The company operates in a single operating segment in the geographic location of Canada.
Executives
Brian Alexander Paes-braga 10% Security Holder
Lutry Investments Limited 10% Security Holder
Galen Stuart Mcnamara Director
Brett Allan Richards Director, Senior Officer
Marlis Yassin Senior Officer
Peter Alan Flindell Senior Officer
Heather Anne Laxton Director