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Northstar Gold (Northstar Gold) Total Current Liabilities : $0.21 Mil (As of Jan. 2024)


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What is Northstar Gold Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Northstar Gold's total current liabilities for the quarter that ended in Jan. 2024 was $0.21


Northstar Gold Total Current Liabilities Historical Data

The historical data trend for Northstar Gold'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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Northstar Gold Total Current Liabilities Chart

Northstar Gold Annual Data
Trend Apr19 Apr20 Apr21 Apr22
Total Current Liabilities
0.14 0.26 0.62 0.37

Northstar Gold Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 0.39 0.46 0.36 0.39 0.21

Northstar Gold Total Current Liabilities Calculation

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

Northstar Gold's Total Current Liabilities for the fiscal year that ended in Apr. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.262+0.048
+Other Current Liabilities+Current Deferred Liabilities
=0.029+0.027
=0.37

Northstar Gold's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.118+0
+Other Current Liabilities+Current Deferred Liabilities
=0.094+0
=0.21

* 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


Northstar Gold Total Current Liabilities Related Terms

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Northstar Gold (Northstar Gold) Business Description

Traded in Other Exchanges
Address
17 Wellington Street North, Box 2529, New Liskeard, ON, CAN, P0J 1P0
Northstar Gold Corp is engaged in the exploration, development, and acquisition of quality exploration properties in the prolific Abitibi Greenstone Belt. The company's flagship property is the 100% owned Miller Gold Property, situated southeast of Kirkland Lake and Kirkland Lake Gold's Macassa SMC gold mine. The company's projects include Boston Creek - Miller Project, Bryce Project, Temagami-Milestone and Rosegrove.