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Gold and GemStone Mining (Gold and GemStone Mining) Total Current Liabilities : $0.33 Mil (As of Oct. 2014)


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What is Gold and GemStone Mining Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Gold and GemStone Mining's total current liabilities for the quarter that ended in Oct. 2014 was $0.33


Gold and GemStone Mining Total Current Liabilities Historical Data

The historical data trend for Gold and GemStone Mining'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.

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Gold and GemStone Mining Total Current Liabilities Chart

Gold and GemStone Mining Annual Data
Trend Jan10 Jan11 Jan12
Total Current Liabilities
0.01 0.01 0.02

Gold and GemStone Mining Quarterly Data
Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Apr14 Jul14 Oct14
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 0.34 0.48 0.33 - 0.33

Gold and GemStone Mining Total Current Liabilities Calculation

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

Gold and GemStone Mining's Total Current Liabilities for the fiscal year that ended in Jan. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.007+0.01
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.02

Gold and GemStone Mining's Total Current Liabilities for the quarter that ended in Oct. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.079+0.11
+Other Current Liabilities+Current Deferred Liabilities
=0.143+0
=0.33

* 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


Gold and GemStone Mining Total Current Liabilities Related Terms

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Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Traded in Other Exchanges
N/A
Address
Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480
Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.

Gold and GemStone Mining (Gold and GemStone Mining) Headlines

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