VMRI (Valmie Resources) Total Current Liabilities: $0.23 Mil (As of Feb. 2017)


What is Valmie Resources Total Current Liabilities?

Valmie Resources VMRI -99.00% Total Current Liabilities is $0.23 Mil as of Feb. 2017.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Valmie Resources's total current liabilities for the quarter that ended in Feb. 2017 was $0.23

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

Valmie Resources Total Current Liabilities Related Terms

Valmie Resources Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Valmie 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.

Valmie Resources Total Current Liabilities Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Total Current Liabilities
Get a 7-Day Free Trial 0.05 0.02 0.13 0.08 0.19

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.09 0.11 0.05 0.19 0.23

Valmie 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.

Valmie Resources's Total Current Liabilities for the fiscal year that ended in Nov. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.028+0
+Other Current Liabilities+Current Deferred Liabilities
=0.158+0
=0.19

Valmie Resources's Total Current Liabilities for the quarter that ended in Feb. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.071+0
+Other Current Liabilities+Current Deferred Liabilities
=0.158+0
=0.23

* 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 $0.23 Mil mean?
Valmie Resources (VMRI) has a Total Current Liabilities of $0.23 Mil as of Feb. 2017. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Valmie Resources and its competitors.
Is Valmie Resources' Total Current Liabilities too high?
Valmie Resources' current Total Current Liabilities is $0.23 Mil.
How does Valmie Resources' Total Current Liabilities compare to CRTG and SFIV?
Valmie Resources' Total Current Liabilities of $0.23 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Current Liabilities depends on the Hardware 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 Valmie Resources and its competitors. Valmie Resources's current Total Current Liabilities is $0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) has a current Total Current Liabilities of $0.23 Mil. The current Total Current Liabilities is $0.23 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 Valmie Resources (VMRI), the current Total Current Liabilities is $0.23 Mil as of Feb. 2017. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.