ULTXF (Ultra Lithium) Total Current Liabilities: $2.42 Mil (As of Jul. 2025)


What is Ultra Lithium Total Current Liabilities?

Ultra Lithium ULTXF Total Current Liabilities is $2.42 Mil as of Jul. 2025. The stock has 4 warning signs investors should review.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ultra Lithium's total current liabilities for the quarter that ended in Jul. 2025 was $2.42

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

Ultra Lithium Total Current Liabilities Related Terms

Ultra Lithium Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Ultra Lithium'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.

Ultra Lithium Total Current Liabilities Chart

Ultra Lithium Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.11 4.48 2.01 2.38

Ultra Lithium Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25
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 2.08 2.38 1.80 2.04 2.42

Ultra Lithium Total Current Liabilities Calculation

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

Ultra Lithium's Total Current Liabilities for the fiscal year that ended in Oct. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.488+0.891
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.38

Ultra Lithium's Total Current Liabilities for the quarter that ended in Jul. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.095+0.321
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000003+0
=2.42

* 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.

What does a Total Current Liabilities of $2.42 Mil mean?
Ultra Lithium (ULTXF) has a Total Current Liabilities of $2.42 Mil as of Jul. 2025. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Ultra Lithium and its competitors.
Is Ultra Lithium's Total Current Liabilities too high?
Ultra Lithium's current Total Current Liabilities is $2.42 Mil.
How does Ultra Lithium's Total Current Liabilities compare to LTUM and CHNR?
Ultra Lithium's Total Current Liabilities of $2.42 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Metals & Mining company?
A good Total Current Liabilities depends on the Metals & Mining industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Ultra Lithium and its competitors. Ultra Lithium's current Total Current Liabilities is $2.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Lithium stock overvalued right now?
Ultra Lithium (ULTXF) has a current Total Current Liabilities of $2.42 Mil. The current Total Current Liabilities is $2.42 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Ultra Lithium (ULTXF), the current Total Current Liabilities is $2.42 Mil as of Jul. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ultra Lithium Business Description

Address 1120 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Ultra Lithium Inc is engaged in the acquisition, exploration, and evaluation of assets. The properties in which the company currently has an interest are in the exploration stage. The geographical segments of the group are Canada, the United States, and Argentina. Some of its properties are Georgia Lake, Forgan Lake, Antofagasta, and La Rioja, La Borita, Antigua, Cordoba, and Others.