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Widgie Nickel (ASX:WIN) Total Current Liabilities : A$1.47 Mil (As of Dec. 2023)


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What is Widgie Nickel Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Widgie Nickel's total current liabilities for the quarter that ended in Dec. 2023 was A$1.47

Widgie Nickel Total Current Liabilities Historical Data

The historical data trend for Widgie Nickel'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.

Widgie Nickel Total Current Liabilities Chart

Widgie Nickel Annual Data
Trend Jun23
Total Current Liabilities
3.54

Widgie Nickel Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23
Total Current Liabilities 0.02 1.25 2.52 3.54 1.47

Widgie Nickel Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Widgie Nickel'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
=3.303+0.167
+Other Current Liabilities+Current Deferred Liabilities
=0.073+0
=3.54

Widgie Nickel's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.26+0.161
+Other Current Liabilities+Current Deferred Liabilities
=0.052+0
=1.47

* 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

Widgie Nickel Total Current Liabilities Related Terms

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Widgie Nickel (ASX:WIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Widgie Nickel Ltd (ASX:WIN) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
WDGNF:USA
Address
220 St Georges Terrace, Level 4, Perth, WA, AUS, 6000
Website
https://www.widgienickel.com.au
Widgie Nickel Ltd is a nickel exploration and development company. Its projects include Widgie South, Widgie North, Widgie West, and Lake Eaton-Mt Eaton. The company operates in given segments comprised of exploration and development activities over the Mt Edwards Project. It operates in a single geographical area which is Australia.

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