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Tinka Resources (Tinka Resources) Total Current Liabilities : $0.43 Mil (As of Mar. 2024)


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What is Tinka Resources Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Tinka Resources's total current liabilities for the quarter that ended in Mar. 2024 was $0.43


Tinka Resources Total Current Liabilities Historical Data

The historical data trend for Tinka Resources'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.

Tinka Resources Total Current Liabilities Chart

Tinka Resources Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.79 0.59 0.47 0.49

Tinka Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24
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 0.49 0.42 0.57 0.42 0.43

Tinka Resources Total Current Liabilities Calculation

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

Tinka Resources's Total Current Liabilities for the fiscal year that ended in Sep. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.49+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.49

Tinka Resources's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.426+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.43

* 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


Tinka Resources Total Current Liabilities Related Terms

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Tinka Resources (Tinka Resources) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Tinka Resources Ltd is a junior mineral exploration company that is engaged in the acquisition and exploration of precious and base metals on mineral properties located in Peru. It explores zinc, silver, lead, tin, copper, and gold deposits. The company's projects include Ayawilca Zinc Zone, Colqui Silver Zone, Ayawilca Tin Zone, and Silvia Copper-Gold Project.

Tinka Resources (Tinka Resources) Headlines

From GuruFocus

Tinka Drills 5.7 Metres at 32.6% Zinc at Ayawilca

By PRNewswire PRNewswire 09-05-2019

Tinka Announces AGM Results

By ACCESSWIRE ACCESSWIRE 03-11-2021

Tinka Increases Indicated Zinc Resources at Ayawilca by 68%

By ACCESSWIRE ACCESSWIRE 09-27-2021

Tinka Announces Resignation of VP Exploration

By ACCESSWIRE ACCESSWIRE 12-02-2022

Tinka Announces AGM Results

By ACCESSWIRE ACCESSWIRE 03-29-2023