SMNRD (S2 Minerals) Total Liabilities : $0.01 Mil (As of Aug. 2024)

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What is S2 Minerals Total Liabilities?

S2 Minerals's Total Liabilities for the quarter that ended in Aug. 2024 was $0.01 Mil.

S2 Minerals's quarterly Total Liabilities declined from Feb. 2024 ($0.07 Mil) to May. 2024 ($0.02 Mil) and declined from May. 2024 ($0.02 Mil) to Aug. 2024 ($0.01 Mil).

S2 Minerals's annual Total Liabilities declined from May. 2022 ($0.18 Mil) to May. 2023 ($0.14 Mil) and declined from May. 2023 ($0.14 Mil) to May. 2024 ($0.02 Mil).

S2 Minerals Total Liabilities Historical Data

The historical data trend for S2 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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S2 Minerals Total Liabilities Chart

S2 Minerals Annual Data

Trend

May21

May22

May23

May24

Total Liabilities

0.23

0.18

0.14

0.02

S2 Minerals Quarterly Data
	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Liabilities	Get a 7-Day Free Trial										0.12	0.12	0.07	0.02	0.01

S2 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.

S2 Minerals's Total Liabilities for the fiscal year that ended in May. 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
	=	0.023	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.02

Total Liabilities	=	Total Assets (A: May. 2024 )	-	Total Equity (A: May. 2024 )
	=	0.417	-	0.394
	=	0.02

S2 Minerals's Total Liabilities for the quarter 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
	=	0.012	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.01

Total Liabilities	=	Total Assets (Q: Aug. 2024 )	-	Total Equity (Q: Aug. 2024 )
	=	0.354	-	0.342
	=	0.01

S2 Minerals Total Liabilities Related Terms

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S2 Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » S2 Minerals Inc (OTCPK:SMNRD) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

STWO:Canada

Address

141 Adelaide Street West, Suite 1101, Toronto, ON, CAN, M5H 3L5

Website

https://www.s2minerals.com

S2 Minerals Inc is a mineral exploration company with a focus on the exploration and development of the Sandy Lake Property in Ontario, Canada.

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