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Great Republic Mining (XCNQ:GRM) Total Current Liabilities : C$0.07 Mil (As of Mar. 2024)


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What is Great Republic 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. Great Republic Mining's total current liabilities for the quarter that ended in Mar. 2024 was C$0.07

Great Republic Mining Total Current Liabilities Historical Data

The historical data trend for Great Republic 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.

* Premium members only.

Great Republic Mining Total Current Liabilities Chart

Great Republic Mining Annual Data
Trend Jun21 Jun22 Jun23
Total Current Liabilities
- 0.03 0.06

Great Republic Mining Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.06 0.06 0.07 0.07

Great Republic 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.

Great Republic Mining's Total Current Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.056+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.06

Great Republic Mining's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.067+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

Great Republic Mining Total Current Liabilities Related Terms

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Great Republic Mining (XCNQ:GRM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Republic Mining Corp (XCNQ:GRM) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
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Address
303-543 Granville Street, Vancouver, BC, CAN, V6C 1X8
Website
https://www.greatrepublic.ca
Great Republic Mining Corp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. It is an exploration stage mining company with one exploration property, the Porcher Mineral Property located in the Skeena Mining Division, British Columbia. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Porcher Island Project.

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