Atlas Lithium (Atlas Lithium) Total Current Liabilities : $6.43 Mil (As of Mar. 2024)

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What is Atlas Lithium Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Atlas Lithium's total current liabilities for the quarter that ended in Mar. 2024 was $6.43

Atlas Lithium Total Current Liabilities Historical Data

The historical data trend for Atlas Lithium'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.

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Atlas Lithium Total Current Liabilities Chart

Atlas Lithium Annual Data

Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

Get a 7-Day Free Trial 2.15 2.33 1.00 2.80 5.67

Atlas Lithium 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 2.46 3.61 2.65 5.67 6.43

Atlas Lithium Total Current Liabilities Calculation

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

Atlas Lithium'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

= 4.488 + 0.182

+ Other Current Liabilities + Current Deferred Liabilities

= 1 + 0

= 5.67

Atlas Lithium'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

= 4.75 + 0.356

+ Other Current Liabilities + Current Deferred Liabilities

= 1.321 + 0

= 6.43

* 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

Atlas Lithium Total Current Liabilities Related Terms
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Atlas Lithium (Atlas Lithium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Lithium Corp (NAS:ATLX) » Definitions » Total Current Liabilities

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MUX GATO ACRG DYNR EXK NMEX AUMN WNFT AHNR THMG ISX:AMMN JSE:AMS MIC:ALRS SZSE:000975 LSE:FRES ISX:MBMA JSE:IMP TSX:TFPM HL JSE:NPH

Traded in Other Exchanges

C480:Germany

Address

Rua Bahia 2463, Suite 205, Belo Horizonte, MG, BRA, 30.160-012

Website

https://www.atlas-lithium.com

Atlas Lithium Corp is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. Its current focus is on developing its hard-rock lithium project Minas Gerais Lithium Project located in Minas Gerais State in Brazil. The company intends to produce and sell lithium concentrate, a key ingredient for the battery supply chain.

Executives

Igor Tkachenko officer: VP, Corporate Strategy 1200 N. FEDERAL HWY, SUITE 200, BOCA RATON FL 33432

Marc Fogassa director, 10 percent owner, officer: Chief Executive Officer 324 SOUTH BEVERLY DRIVE, SUITE 118, BEVERLY HILLS CA 90212

Pereira De Aguiar Gustavo officer: CFO/PAO 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210

Volodymyr Myadzel officer: Senior VP, Geology 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210

Cassiopeia Olson director 2015 S BEVERLY GLEN BLVD., 101, 101, LOS ANGELES CA 90025

Brian W. Bernier officer: Vice President 605 BELMONT PLACE, BOYNTON BEACH FL 33436

Stephen R. Petersen director C/O FOUR SPRINGS CAPITAL TRUST, 1901 MAIN STREET, LAKE COMO NJ 07719

De Paiva Monteiro Joel officer: VP, Admin & Ops, ESG Chief 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210

Nogueira Da Silva Junior Areli officer: VP, Mineral Exploration 433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210

Roger Noriega director 1150 K STREET, N.W., WASHINGTON DC 20005

Peter Kristofer Goldy 10 percent owner 9903 SANTA MONICA BLVD, SUITE 187, BEVERLY HILLS CA 90212

Sainte Valiere, Llc 10 percent owner SOUTHPAC TRUST NEVIS LIMITED, HUNKINS PLAZA, CHARLESTOWN U7 NONE

Brazil Mining, Inc. 10 percent owner 324 SOUTH BEVERLY DRIVE, STE. 118, BEVERLY HILLS CA 90212

Luis Azevedo director AV. JOURNALISTA RICARDO MARINHO 360, SALA 113 ED.COSMOPOLITAN,BARRA DA TIJUCA, RIO DE JANEIRO, CEP 22631-350 D5 22631-350

Paul Durand director 99 LYTTLETON GARDENS, OTTAWA A6 K1L5A4

Atlas Lithium (Atlas Lithium) Headlines

From GuruFocus

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Atlas Lithium Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of August 1, 2023 -- (NASDAQ: ATLX)
By Marketwired • 07-27-2023

ATLX Investors Have Opportunity to Lead Atlas Lithium Corporation Securities Fraud Lawsuit
By PRNewswire • 07-24-2023

ATLX�LAWSUIT ALERT: Levi &�Korsinsky Notifies Atlas Lithium Corporation�Investors of a Class Action Lawsuit and Upcoming Deadline
By Marketwired • 07-31-2023

ATLX�LAWSUIT ALERT: Levi &�Korsinsky Notifies Atlas Lithium Corporation�Investors of a Class Action Lawsuit and Upcoming Deadline
By Marketwired • 07-25-2023

ATLAS LITHIUM CORPORATION (NASDAQ: ATLX) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Atlas Lithium Corporation
By Marketwired • 07-25-2023

Atlas Lithium Fully Funded to First Production in 2024
By ACN Newswire • 12-04-2023

ATLAS LITHIUM SHAREHOLDER NOTICE: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Atlas Lithium To Contact Him Directly To Discuss Their Options
By PRNewswire • 07-29-2023

Atlas Lithium Corporation: Please contact the Portnoy Law Firm to recover your losses; August 1, 2023 deadline
By Marketwired • 07-24-2023

Atlas Lithium Announces Investments from Strategic Parties to Advance Its Lithium Project
By ACN Newswire • 07-24-2023

ATLX ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 1, 2023 in the Class Action Filed on Behalf of Atlas Lithium Corporation Shareholders
By Marketwired • 07-28-2023

Atlas Lithium 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															2.46	3.61	2.65	5.67	6.43

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	4.488	+	0.182
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	1	+	0
	=	5.67

Igor Tkachenko	officer: VP, Corporate Strategy	1200 N. FEDERAL HWY, SUITE 200, BOCA RATON FL 33432
Marc Fogassa	director, 10 percent owner, officer: Chief Executive Officer	324 SOUTH BEVERLY DRIVE, SUITE 118, BEVERLY HILLS CA 90212
Pereira De Aguiar Gustavo	officer: CFO/PAO	433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Volodymyr Myadzel	officer: Senior VP, Geology	433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Cassiopeia Olson	director	2015 S BEVERLY GLEN BLVD., 101, 101, LOS ANGELES CA 90025
Brian W. Bernier	officer: Vice President	605 BELMONT PLACE, BOYNTON BEACH FL 33436
Stephen R. Petersen	director	C/O FOUR SPRINGS CAPITAL TRUST, 1901 MAIN STREET, LAKE COMO NJ 07719
De Paiva Monteiro Joel	officer: VP, Admin & Ops, ESG Chief	433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Nogueira Da Silva Junior Areli	officer: VP, Mineral Exploration	433 NORTH CAMDEN DRIVE, SUITE 810, BEVERLY HILLS CA 90210
Roger Noriega	director	1150 K STREET, N.W., WASHINGTON DC 20005
Peter Kristofer Goldy	10 percent owner	9903 SANTA MONICA BLVD, SUITE 187, BEVERLY HILLS CA 90212
Sainte Valiere, Llc	10 percent owner	SOUTHPAC TRUST NEVIS LIMITED, HUNKINS PLAZA, CHARLESTOWN U7 NONE
Brazil Mining, Inc.	10 percent owner	324 SOUTH BEVERLY DRIVE, STE. 118, BEVERLY HILLS CA 90212
Luis Azevedo	director	AV. JOURNALISTA RICARDO MARINHO 360, SALA 113 ED.COSMOPOLITAN,BARRA DA TIJUCA, RIO DE JANEIRO, CEP 22631-350 D5 22631-350
Paul Durand	director	99 LYTTLETON GARDENS, OTTAWA A6 K1L5A4