Solis Minerals (ASX:SLM) Total Liabilities : A$0.79 Mil (As of Feb. 2024)

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What is Solis Minerals Total Liabilities?

Solis Minerals's Total Liabilities for the quarter that ended in Feb. 2024 was A$0.79 Mil.

Solis Minerals's quarterly Total Liabilities declined from Aug. 2023 (A$4.38 Mil) to Nov. 2023 (A$1.21 Mil) and declined from Nov. 2023 (A$1.21 Mil) to Feb. 2024 (A$0.79 Mil).

Solis Minerals's annual Total Liabilities increased from May. 2021 (A$0.57 Mil) to May. 2022 (A$1.08 Mil) but then declined from May. 2022 (A$1.08 Mil) to May. 2023 (A$0.62 Mil).

Solis Minerals Total Liabilities Historical Data

The historical data trend for Solis Minerals's Total 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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Solis Minerals Total Liabilities Chart

Solis Minerals Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Total Liabilities

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1.12

1.84

0.57

1.08

0.62

Solis Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Liabilities	Get a 7-Day Free Trial															1.10	0.62	4.38	1.21	0.79

Solis Minerals Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Solis Minerals's Total Liabilities for the fiscal year that ended in May. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.616	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.62

Total Liabilities	=	Total Assets (A: May. 2023 )	-	Total Equity (A: May. 2023 )
	=	5.809	-	5.193
	=	0.62

Solis Minerals's Total Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.714	+	(0.075	+	6.9388939039072E-17
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.79

Total Liabilities	=	Total Assets (Q: Feb. 2024 )	-	Total Equity (Q: Feb. 2024 )
	=	14.442	-	13.653
	=	0.79

Solis Minerals Total Liabilities Related Terms

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Solis Minerals (ASX:SLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Solis Minerals Ltd (ASX:SLM) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

SLMFF:USA 08W:Germany SLMN:Canada

Address

Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017

Website

https://solisminerals.com

Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.