Summit Minerals (ASX:SUM) Total Liabilities : A$0.19 Mil (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Summit Minerals Total Liabilities?

Summit Minerals's Total Liabilities for the quarter that ended in Dec. 2024 was A$0.19 Mil.

Summit Minerals's quarterly Total Liabilities declined from Dec. 2023 (A$0.31 Mil) to Jun. 2024 (A$0.21 Mil) and declined from Jun. 2024 (A$0.21 Mil) to Dec. 2024 (A$0.19 Mil).

Summit Minerals's annual Total Liabilities increased from . 20 (A$0.00 Mil) to Jun. 2023 (A$0.35 Mil) but then declined from Jun. 2023 (A$0.35 Mil) to Jun. 2024 (A$0.21 Mil).

Summit Minerals Total Liabilities Historical Data

The historical data trend for Summit Minerals's Total 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.

Summit Minerals Total Liabilities Chart

Summit Minerals Annual Data

Trend

Jun23

Jun24

Total Liabilities

0.35

0.21

Summit Minerals Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Total Liabilities	0.07	0.35	0.31	0.21	0.19

Summit Minerals Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Summit Minerals's Total Liabilities for the fiscal year that ended in Jun. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.206	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	0.21

Total Liabilities	=	Total Assets (A: Jun. 2024 )	-	Total Equity (A: Jun. 2024 )
	=	13.347	-	13.141
	=	0.21

Summit Minerals's Total Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.187	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	0.19

Total Liabilities	=	Total Assets (Q: Dec. 2024 )	-	Total Equity (Q: Dec. 2024 )
	=	12.464	-	12.278
	=	0.19

Summit Minerals Total Liabilities Related Terms

Thank you for viewing the detailed overview of Summit Minerals's Total Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Summit Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Summit Minerals Ltd (ASX:SUM) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

389 Oxford Street, Level 1, Mount Hawthorn, Perth, WA, AUS, 6016

Website

https://www.summitminerals.com.au

Summit Minerals Ltd engages in acquiring, exploring, and developing battery mineral projects in Australia, Canada, and Brazil. Its projects include the niobium, tantalum, REE, and lithium projects in Brazil; the Stallion Uranium Project and the Phillips River Lithium projects in Western Australia; and the Castor Lithium Project in the James Bay District, Quebec, Canada.