Sorrento Resources (XCNQ:SRS) Total Liabilities : C$0.12 Mil (As of Dec. 2023)

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What is Sorrento Resources Total Liabilities?

Sorrento Resources's Total Liabilities for the quarter that ended in Dec. 2023 was C$0.12 Mil.

Sorrento Resources's quarterly Total Liabilities declined from Jun. 2023 (C$0.03 Mil) to Sep. 2023 (C$0.03 Mil) but then increased from Sep. 2023 (C$0.03 Mil) to Dec. 2023 (C$0.12 Mil).

Sorrento Resources's annual Total Liabilities increased from . 20 (C$0.00 Mil) to Jun. 2022 (C$0.06 Mil) but then declined from Jun. 2022 (C$0.06 Mil) to Jun. 2023 (C$0.03 Mil).

Sorrento Resources Total Liabilities Historical Data

The historical data trend for Sorrento Resources'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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Sorrento Resources Total Liabilities Chart

Sorrento Resources Annual Data

Trend

Jun22

Jun23

Total Liabilities

0.06

0.03

Sorrento Resources Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Liabilities	Get a 7-Day Free Trial				0.17	0.01	0.03	0.03	0.12

Sorrento Resources 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.

Sorrento Resources's Total Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.032	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.03

Total Liabilities	=	Total Assets (A: Jun. 2023 )	-	Total Equity (A: Jun. 2023 )
	=	1.062	-	1.029
	=	0.03

Sorrento Resources's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.115	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.12

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	1.043	-	0.928
	=	0.12

Sorrento Resources Total Liabilities Related Terms

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Sorrento Resources (XCNQ:SRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sorrento Resources Ltd (XCNQ:SRS) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

SRSLF:USA

Address

9285 - 203B Street, Langley, BC, CAN, V1M 2L9

Website

https://www.sorrentoresources.ca

Sorrento Resources Ltd engages in the exploration, development, and exploitation of mineral resources in Canada. Its projects include Wing Pond project, Harmsworth project, PEG lithium project, Silver Mountain project and others.

Executives

Blair Lawrence Naughty

10% Security Holder