HighGold Mining (TSXV:HIGH) Total Current Liabilities : C$0.25 Mil (As of Dec. 2023)

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What is HighGold 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. HighGold Mining's total current liabilities for the quarter that ended in Dec. 2023 was C$0.25

HighGold Mining Total Current Liabilities Historical Data

The historical data trend for HighGold 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.

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HighGold Mining Total Current Liabilities Chart

HighGold Mining Annual Data

Trend Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

1.35 0.89 0.36 0.30 0.25

HighGold Mining Quarterly Data

Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23

Total Current Liabilities Get a 7-Day Free Trial 1.69 0.30 0.57 1.22 0.25

HighGold 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.

HighGold Mining'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

= 0.184 + 0.066

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 0.25

HighGold Mining's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

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

= 0.184 + 0.066

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 0.25

* 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

HighGold Mining Total Current Liabilities Related Terms
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HighGold Mining (TSXV:HIGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » HighGold Mining Inc (TSXV:HIGH) » Definitions » Total Current Liabilities

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Traded in Other Exchanges

HGMIF:USA

Address

375 Water Street, Suite 405, Vancouver, BC, CAN, V6B 5C6

Website

https://www.highgoldmining.com

HighGold Mining Inc is a mineral exploration company focused on high-grade gold projects located in North America. Its flagship asset is the high-grade Johnson Tract Gold (Zn-Cu) Project located in south-central Alaska, USA. The company also controls a portfolio of gold projects in the greater Timmins gold camp, Ontario, Canada that includes the Munro-Croesus Gold property, which is renowned for its highgrade mineralization, and the large Golden Mile and Golden Perimeter properties.

Executives

Darwin Green Director, Senior Officer

HighGold Mining (TSXV:HIGH) Headlines

No Headlines

HighGold Mining Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Current Liabilities	Get a 7-Day Free Trial													1.69	0.30	0.57	1.22	0.25

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	0.184	+	0.066
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0	+	0
	=	0.25