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Aero Energy (TSXV:AERO) Total Current Liabilities : C$0.11 Mil (As of Jan. 2024)


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What is Aero Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Aero Energy's total current liabilities for the quarter that ended in Jan. 2024 was C$0.11


Aero Energy Total Current Liabilities Historical Data

The historical data trend for Aero Energy'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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Aero Energy Total Current Liabilities Chart

Aero Energy Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Total Current Liabilities
0.13 0.20 0.21 0.18

Aero Energy Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 0.17 0.18 0.39 0.45 0.11

Aero Energy Total Current Liabilities Calculation

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

Aero Energy's Total Current Liabilities for the fiscal year that ended in Apr. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.18+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.18

Aero Energy'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
=0.109+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.11

* 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


Aero Energy Total Current Liabilities Related Terms

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Aero Energy (TSXV:AERO) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3
Angold Resources Ltd is a gold exploration and development company. The company has four properties in the portfolio; including two in Chile and others in Nevada and Canada. The property portfolio includes Dorado, Cordillera, Iron Butte, Hope Butte, and Uchi.

Aero Energy (TSXV:AERO) Headlines