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COPR (Idaho Copper) Total Current Liabilities : $1.39 Mil (As of Jul. 2024)


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What is Idaho Copper Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Idaho Copper's total current liabilities for the quarter that ended in Jul. 2024 was $1.39


Idaho Copper Total Current Liabilities Historical Data

The historical data trend for Idaho Copper'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.

Idaho Copper Total Current Liabilities Chart

Idaho Copper Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jan23 Jan24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.11 0.18 0.45 1.92

Idaho Copper Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.81 1.92 1.55 1.39

Idaho Copper Total Current Liabilities Calculation

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

Idaho Copper's Total Current Liabilities for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.55+0
+Other Current Liabilities+Current Deferred Liabilities
=0.37+0
=1.92

Idaho Copper's Total Current Liabilities for the quarter that ended in Jul. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.088+0.3
+Other Current Liabilities+Current Deferred Liabilities
=-2.2204460492503E-16+0
=1.39

* 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


Idaho Copper Total Current Liabilities Related Terms

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Idaho Copper Business Description

Traded in Other Exchanges
N/A
Address
800 West Main Street, Suite 1460, Boise, ID, USA, 83702
Idaho Copper Corp is a USA-based company focused on exploring and developing its copper-molybdenum-silver deposit in Idaho, known as the CuMo project. The company is also committed to conducting all exploration and development activities, present and future, in a manner that ensures a minimal impact on the environment.
Executives
Gust Kepler director, 10 percent owner, officer: President & CEO 5430 LBJ FREEWAY, SUITE 1485, DALLAS TX 75240