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VVC Exploration (VVC Exploration) Total Current Liabilities : $6.60 Mil (As of Oct. 2023)


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What is VVC Exploration Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. VVC Exploration's total current liabilities for the quarter that ended in Oct. 2023 was $6.60


VVC Exploration Total Current Liabilities Historical Data

The historical data trend for VVC Exploration'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.

VVC Exploration Total Current Liabilities Chart

VVC Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 1.34 2.16 6.02 6.32

VVC Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 5.90 6.32 6.58 6.82 6.60

VVC Exploration Total Current Liabilities Calculation

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

VVC Exploration's Total Current Liabilities for the fiscal year that ended in Jan. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.118+1.538
+Other Current Liabilities+Current Deferred Liabilities
=0.444+3.223
=6.32

VVC Exploration's Total Current Liabilities for the quarter that ended in Oct. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.28+1.571
+Other Current Liabilities+Current Deferred Liabilities
=0.453+3.291
=6.60

* 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


VVC Exploration Total Current Liabilities Related Terms

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VVC Exploration (VVC Exploration) Business Description

Traded in Other Exchanges
Address
2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7
VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico, and the Helium / Natural Gas Projects owned by its wholly-owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of the Gloria Copper Project. The company's mineral resource properties are located in Mexico and Canada.

VVC Exploration (VVC Exploration) Headlines

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