GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Greenridge Exploration Inc (XCNQ:GXP) » Definitions » Total Current Liabilities

Greenridge Exploration (XCNQ:GXP) Total Current Liabilities : C$0.02 Mil (As of Aug. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Greenridge 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. Greenridge Exploration's total current liabilities for the quarter that ended in Aug. 2023 was C$0.02

Greenridge Exploration Total Current Liabilities Historical Data

The historical data trend for Greenridge 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.

Greenridge Exploration Total Current Liabilities Chart

Greenridge Exploration Annual Data
Trend Aug23
Total Current Liabilities
0.02

Greenridge Exploration Semi-Annual Data
Aug23
Total Current Liabilities 0.02

Greenridge 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.

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.023+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.02

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.023+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.02

* 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

Greenridge Exploration Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Greenridge Exploration's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Greenridge Exploration (XCNQ:GXP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Greenridge Exploration Inc (XCNQ:GXP) » Definitions » Total Current Liabilities
Comparable Companies
Traded in Other Exchanges
HW3:Germany
Address
905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6
Website
Greenridge Exploration Inc is engaged in mineral exploration in Canada and its objective is to locate and, if warranted, develop economic mineral properties. It holds interest in Weyman Property which comprises 7 map-staked mineral claims covering nearly 2,803.89 hectares in the Kamloops and Nicola Mining Divisions and in the Thompson Nicola Regional District on the Thompson Plateau of Southern British Columbia.

Greenridge Exploration (XCNQ:GXP) Headlines

From GuruFocus

Great Plains Energy Inc. (GXP) CFO James C Shay buys 1,250 Shares

By GuruFocus Research GuruFocus Editor • 11-04-2010

Great Plains Energy Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 05-06-2010

Great Plains Energy Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 08-05-2010

Great Plains Energy Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 10-28-2010

Great Plains Energy Inc. (GXP) CFO James C Shay buys 1,250 Shares

By GuruFocus Research GuruFocus Editor • 08-20-2010

Great Plains Energy Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 10-29-2009