ICMFF (Iconic Minerals) Total Liabilities : $1.11 Mil (As of Nov. 2024)

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What is Iconic Minerals Total Liabilities?

Iconic Minerals's Total Liabilities for the quarter that ended in Nov. 2024 was $1.11 Mil.

Iconic Minerals's quarterly Total Liabilities increased from May. 2024 ($1.06 Mil) to Aug. 2024 ($1.12 Mil) but then declined from Aug. 2024 ($1.12 Mil) to Nov. 2024 ($1.11 Mil).

Iconic Minerals's annual Total Liabilities declined from Aug. 2022 ($5.76 Mil) to Aug. 2023 ($1.03 Mil) but then increased from Aug. 2023 ($1.03 Mil) to Aug. 2024 ($1.12 Mil).

Iconic Minerals Total Liabilities Historical Data

The historical data trend for Iconic 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.

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Iconic Minerals Total Liabilities Chart

Iconic Minerals Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Total Liabilities

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3.13

3.63

5.76

1.03

1.12

Iconic Minerals Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Total Liabilities	Get a 7-Day Free Trial															0.94	0.97	1.06	1.12	1.11

Iconic 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.

Iconic Minerals's Total Liabilities for the fiscal year that ended in Aug. 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
	=	1.095	+	(0	+	0.02
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	1.12

Total Liabilities	=	Total Assets (A: Aug. 2024 )	-	Total Equity (A: Aug. 2024 )
	=	1.562	-	0.447
	=	1.12

Iconic Minerals's Total Liabilities for the quarter that ended in Nov. 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
	=	1.094	+	(0	+	0.02
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	1.11

Total Liabilities	=	Total Assets (Q: Nov. 2024 )	-	Total Equity (Q: Nov. 2024 )
	=	1.751	-	0.636
	=	1.12

Iconic Minerals Total Liabilities Related Terms

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Iconic Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Iconic Minerals Ltd (OTCPK:ICMFF) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

YQG:Germany ICM:Canada

Address

303 - 595 Howe Street, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5

Website

https://www.iconicminerals.com

Iconic Minerals Ltd is a mineral exploration company. It mainly focuses on acquiring and exploring gold and lithium properties in Nevada. The exploration assets of the company include New Pass property located in Churchill County; Midas South property located in Elko County; Bonnie Claire Lithium Project located in Nye County; Smith Creek Lithium Project and others.

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