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Rockridge Resources (TSXV:ROCK) Total Current Liabilities : C$0.07 Mil (As of Oct. 2024)


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What is Rockridge 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. Rockridge Resources's total current liabilities for the quarter that ended in Oct. 2024 was C$0.07


Rockridge Resources Total Current Liabilities Historical Data

The historical data trend for Rockridge 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.

Rockridge Resources Total Current Liabilities Chart

Rockridge Resources Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 0.10 0.02 0.07 0.21 0.03

Rockridge Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.05 0.03 0.03 0.03 0.07

Rockridge 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.

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.026+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.03

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.065+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.07

* 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


Rockridge Resources Total Current Liabilities Related Terms

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Rockridge Resources Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 1030, Vancouver, BC, CAN, V7X 1M5
Rockridge Resources Ltd is a junior exploration company. Its principal business activity is acquiring, exploring, and developing mineral properties. The company's project includes the Knife Lake Project in Saskatchewan and Raney Gold Project in northern Ontario.
Executives
Jon Wiesblatt Senior Officer
Jordan Trimble Director, Senior Officer
Andrew J. Ramcharan Senior Officer
Grant David Ewing Senior Officer