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Sociedad Minera Cerro VerdeA (Sociedad Minera Cerro VerdeA) Total Current Liabilities : $461 Mil (As of Dec. 2023)


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What is Sociedad Minera Cerro VerdeA Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Sociedad Minera Cerro VerdeA's total current liabilities for the quarter that ended in Dec. 2023 was $461


Sociedad Minera Cerro VerdeA Total Current Liabilities Historical Data

The historical data trend for Sociedad Minera Cerro VerdeA'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.

Sociedad Minera Cerro VerdeA Total Current Liabilities Chart

Sociedad Minera Cerro VerdeA Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 420.79 450.68 1,252.10 564.06 460.99

Sociedad Minera Cerro VerdeA Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only 420.79 450.68 1,252.10 564.06 460.99

Sociedad Minera Cerro VerdeA Total Current Liabilities Calculation

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

Sociedad Minera Cerro VerdeA'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
=333.688+9.909
+Other Current Liabilities+Current Deferred Liabilities
=117.394+0
=461

Sociedad Minera Cerro VerdeA's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=333.688+9.909
+Other Current Liabilities+Current Deferred Liabilities
=117.394+0
=461

* 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


Sociedad Minera Cerro VerdeA Total Current Liabilities Related Terms

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Sociedad Minera Cerro VerdeA (Sociedad Minera Cerro VerdeA) Business Description

Traded in Other Exchanges
Address
Avenue Alfonso Ugarte 304, Arequipa, PER
Sociedad Minera Cerro Verde SAA is involved in the exploration, extraction, production and sale of copper from deposits located in the southwest of the Arequipa city.

Sociedad Minera Cerro VerdeA (Sociedad Minera Cerro VerdeA) Headlines

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