American Resources (American Resources) Total Current Liabilities : $15.96 Mil (As of Mar. 2024)

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What is American 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. American Resources's total current liabilities for the quarter that ended in Mar. 2024 was $15.96

American Resources Total Current Liabilities Historical Data

The historical data trend for American 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.

American Resources Total Current Liabilities Chart

American Resources Annual Data

Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

Get a 7-Day Free Trial 45.01 20.93 16.54 27.43 18.07

American Resources Quarterly Data

Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24

Total Current Liabilities Get a 7-Day Free Trial 21.84 16.21 16.21 18.07 15.96

American 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.

American Resources's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

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

= 12.201 + 5.669

+ Other Current Liabilities + Current Deferred Liabilities

= 0.201 + 0

= 18.07

American 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

= 9.597 + 6.362

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 15.96

* 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

American Resources Total Current Liabilities Related Terms
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American Resources (American Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » American Resources Corp (NAS:AREC) » Definitions » Total Current Liabilities

Comparable Companies

TPE:8271 ROCO:3289 TPE:6770 ROCO:5262 TPE:3189 ROCO:5299 ROCO:6270 ROCO:5347 ROCO:6739 TPE:8150 SZSE:000723 AMR ARCH MIC:RASP HCC ASX:SMR ASX:CRN SHSE:600740 HKSE:00639 SHSE:600997

Traded in Other Exchanges

N/A

Address

12115 Visionary Way, Fishers, IN, USA, 46038

Website

https://www.americanresourcescorp.com

American Resources Corp is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. The firm has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. Its business model provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets.

Executives

Kirk Patrick Taylor 10 percent owner, officer: Chief Financial Officer 8856 SOUTH STREET, FISHERS IN 46038

Mark C. Jensen director, 10 percent owner, officer: Chief Executive Officer 8856 SOUTH STREET, FISHERS IN 46038

Golden Properties Ltd. 10 percent owner #500, 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3

Thomas M. Sauve director, 10 percent owner, officer: President 8856 SOUTH STREET, FISHERS IN 46038

Gerardine G. Botte director 12115 VISIONARY WAY, SUITE 174, FISHERS IN 456038

Michael G. Layman director 7583 WILD MINT COURT, WESTERVILLE OH 43082

Randal V. Stephenson director 35 EAST 84TH STREET, APT. 4C, NEW YORK NY 10028

Taplin Courtenay O. director 9370 METCALF ROAD, WAITE HILL OH 44094

Ian Sadler director 10760 ELDORADO CIRCLE, NOBLESVILLE IN 46060

Tarlis Thompson officer: Chief Operating Officer PO BOX 606, FISHERS IN 46038

William D Bishop director 8856 SOUTH STREET, FISHERS IN 46038

James C New director 7289 GARDEN RD, SUITE 200, RIVIERA BEACH FL 33404

High Tech Fueling, Service & Distribution, Inc. other: Corporation with common owners 7135 COLLINS AVENUE, SUITE 624, MIAMI BEACH FL 33141

Goran Antic 10 percent owner 7135 COLLINS AVE NO. 1234, MIAMI BEACH FL 33141

Indrajith Andrew Weeraratne director, 10 percent owner, officer: Chief Executive Officer 7135 COLLINS AVE NO.624, MIAMI BEACH FL 33141

American Resources (American Resources) Headlines

From GuruFocus

American Resources Corporation's ReElement Technologies Engages Law Firm Alexander & Partner for Formation of ReElement Ghana
By ACCESSWIRE • 01-16-2024

American Resources Corporation Sponsored American Acquisition Opportunity Inc. Closes Previously Announced Acquisition of Royalty Management Corporation and Commences Trading on Nasdaq
By ACCESSWIRE • 11-06-2023

American Resources Corporation's ReElement Technologies Corporation Appoints Ben Kincaid as CEO of ReElement Technologies Africa Ltd
By ACCESSWIRE • 12-07-2023

American Resources Corporation's ReElement Technologies Executes MOU with Afrivolt Pty Ltd to Establish a Comprehensive Closed-Loop African Battery & EV Supply Chain
By ACCESSWIRE • 01-23-2024

American Resources Corporation's ReElement Technologies Announces January Slate of Conferences
By ACCESSWIRE • 01-08-2024

American Resources Corporation Provides Update on Strategic, Value-Creating Initiatives
By ACCESSWIRE • 10-11-2023

American Resources Corporation Reports Second Quarter 2023 Financial Results and Provides Business Outlook
By ACCESSWIRE • 08-15-2023

American Resources Corp. and Graphex Group Interviews to Air on the RedChip Money Report(R) on Bloomberg TV
By ACCESSWIRE • 08-18-2023

American Resources Corporation's ReElement Technologies Forms ReElement Technologies Africa Ltd
By ACCESSWIRE • 12-04-2023

American Resources Corporation's Subsidiary, ReElement Technologies Corporation, Partners with TECHGULF Ghana to Launch Africa's First Lithium Processing Plant in Ghana
By ACCESSWIRE • 12-11-2023

American Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Liabilities	Get a 7-Day Free Trial															21.84	16.21	16.21	18.07	15.96

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	12.201	+	5.669
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0.201	+	0
	=	18.07

Kirk Patrick Taylor	10 percent owner, officer: Chief Financial Officer	8856 SOUTH STREET, FISHERS IN 46038
Mark C. Jensen	director, 10 percent owner, officer: Chief Executive Officer	8856 SOUTH STREET, FISHERS IN 46038
Golden Properties Ltd.	10 percent owner	#500, 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3
Thomas M. Sauve	director, 10 percent owner, officer: President	8856 SOUTH STREET, FISHERS IN 46038
Gerardine G. Botte	director	12115 VISIONARY WAY, SUITE 174, FISHERS IN 456038
Michael G. Layman	director	7583 WILD MINT COURT, WESTERVILLE OH 43082
Randal V. Stephenson	director	35 EAST 84TH STREET, APT. 4C, NEW YORK NY 10028
Taplin Courtenay O.	director	9370 METCALF ROAD, WAITE HILL OH 44094
Ian Sadler	director	10760 ELDORADO CIRCLE, NOBLESVILLE IN 46060
Tarlis Thompson	officer: Chief Operating Officer	PO BOX 606, FISHERS IN 46038
William D Bishop	director	8856 SOUTH STREET, FISHERS IN 46038
James C New	director	7289 GARDEN RD, SUITE 200, RIVIERA BEACH FL 33404
High Tech Fueling, Service & Distribution, Inc.	other: Corporation with common owners	7135 COLLINS AVENUE, SUITE 624, MIAMI BEACH FL 33141
Goran Antic	10 percent owner	7135 COLLINS AVE NO. 1234, MIAMI BEACH FL 33141
Indrajith Andrew Weeraratne	director, 10 percent owner, officer: Chief Executive Officer	7135 COLLINS AVE NO.624, MIAMI BEACH FL 33141