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Gold Resource (Gold Resource) Total Current Liabilities : $12.10 Mil (As of Mar. 2024)


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What is Gold Resource Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Gold Resource's total current liabilities for the quarter that ended in Mar. 2024 was $12.10

Gold Resource Total Current Liabilities Historical Data

The historical data trend for Gold Resource'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.

Gold Resource Total Current Liabilities Chart

Gold Resource Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.98 12.09 29.66 24.68 11.33

Gold Resource 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 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 16.63 19.12 15.10 11.33 12.10

Gold Resource Total Current Liabilities Calculation

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

Gold Resource'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
=11.191+0
+Other Current Liabilities+Current Deferred Liabilities
=0.134+0
=11.33

Gold Resource'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
=11.96+0
+Other Current Liabilities+Current Deferred Liabilities
=0.139+0
=12.10

* 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

Gold Resource Total Current Liabilities Related Terms

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Gold Resource (Gold Resource) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Resource Corp (AMEX:GORO) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
GIH:Germany
Address
7900 East Union Avenue, Suite 320, Denver, CO, USA, 80237
Website
https://www.goldresourcecorp.com
Gold Resource Corp is a gold and silver producer, developer, and explorer with operations in Oaxaca, Mexico, and Nevada, USA. It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America.
Executives
Chet Holyoak officer: Interim CFO 7900 E UNION AVENUE, SUITE 320, DENVER CO 80237
Allen J Palmiere director, officer: CEO, President 2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
Joseph Martin Driscoll director 2000 S. COLORADO BLVD, SUITE 10200, DENVER CO 80222
Kimberly C Perry officer: Chief Financial Officer 2886 CARRIAGE MANOR POINT, COLORADO SPRINGS CO 80906
Alberto Reyes officer: Chief Operating Officer 53 RIVER VALLEY DRIVE, KITCHENER A6 N2C 2V5
Lila A Murphy director 2000 S. COLORADO BLVD., SUITE 10200, DENVER CO 80222
Ronald Little director 2234 OLD LILAC LANE, OTTAWA A6 K1H 6H7
Richard M Irvine director LAS ROSAS #339, COLONIA REFORMA, OAXACA O5 68050
Alex G Morrison director 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Elizabeth Ann Wilkinson officer: See Remarks 45 GLENADEN AVENUE E, TORONTO A6 M8Y 2L4
Bill M Conrad director 2886 CARRIAGE MANOR POINT, COLO SPGS CO 80906
Gregory A Patterson officer: VP Corporate Development 2886 CARRIAGE MANOR POINT, COLORADO SPRINGS CO 80906
Barry D Devlin officer: VP Exploration 7338 YELLOW FIN COURT, BLAINE WA 98230
John A Labate officer: Chief Financial Officer
Jessica M Browne officer: VP, General Counsel, Secretary 2886 CARRIAGE MANOR POINT, COLORADO SPRINGS CO 80906