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Horizon Copper (TSXV:HCU) Total Current Liabilities : C$9.30 Mil (As of Mar. 2024)


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What is Horizon Copper Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Horizon Copper's total current liabilities for the quarter that ended in Mar. 2024 was C$9.30

Horizon Copper Total Current Liabilities Historical Data

The historical data trend for Horizon Copper'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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Horizon Copper Total Current Liabilities Chart

Horizon Copper Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
0.35 0.12 0.19 13.95

Horizon Copper Quarterly Data
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 0.60 0.22 14.35 13.95 9.30

Horizon Copper Total Current Liabilities Calculation

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

Horizon Copper'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
=0.109+7.724
+Other Current Liabilities+Current Deferred Liabilities
=6.121+0
=13.95

Horizon Copper'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
=0.104+2.33
+Other Current Liabilities+Current Deferred Liabilities
=6.865+0
=9.30

* 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

Horizon Copper Total Current Liabilities Related Terms

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Horizon Copper (TSXV:HCU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Horizon Copper Corp (TSXV:HCU) » Definitions » Total Current Liabilities
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TSXV:HI TSXV:TM TSX:ATCU TSXV:QCCU TSXV:SLMN TSXV:CUU TSXV:DCMC TSXV:TRBC TSXV:BCU TSXV:WCU SCCO FCX LSE:ANTO LIM:CVERDEC1 TSX:FM SHSE:600362 SZSE:000630 WAR:KGH TSX:LUN SZSE:002203
Traded in Other Exchanges
RYTTF:USA
Address
400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6
Website
https://www.horizoncopper.com
Horizon Copper Corp is a copper company holding non-operating interests in high-grade, low-cost copper assets. It holds a portfolio of copper assets including a 30% interest in the copper-gold Hod Maden project, and exposure to the Oyu Tolgoi copper mine through nearly 25% equity ownership.
Executives
Erfan Kazemi-esfahani Director, Senior Officer

Horizon Copper (TSXV:HCU) Headlines

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