Novo Resources (TSX:NVO) Total Liabilities : C$19.68 Mil (As of Mar. 2024)

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What is Novo Resources Total Liabilities?

Novo Resources's Total Liabilities for the quarter that ended in Mar. 2024 was C$19.68 Mil.

Novo Resources's quarterly Total Liabilities declined from Sep. 2023 (C$46.21 Mil) to Dec. 2023 (C$21.53 Mil) and declined from Dec. 2023 (C$21.53 Mil) to Mar. 2024 (C$19.68 Mil).

Novo Resources's annual Total Liabilities declined from Dec. 2021 (C$148.42 Mil) to Dec. 2022 (C$68.19 Mil) and declined from Dec. 2022 (C$68.19 Mil) to Dec. 2023 (C$21.53 Mil).

Novo Resources Total Liabilities Historical Data

The historical data trend for Novo Resources's Total 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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Novo Resources Total Liabilities Chart

Novo Resources Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Dec21

Dec22

Dec23

Total Liabilities

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7.42

9.65

148.42

68.19

21.53

Novo Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															59.97	54.58	46.21	21.53	19.68

Novo Resources Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Novo Resources's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	8.976	+	(0.446	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	12.107	+	0)
	=	21.53

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	106.451	-	84.922
	=	21.53

Novo Resources's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	6.14	+	(0.401	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	13.137	+	0)
	=	19.68

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	105.281	-	85.603
	=	19.68

Novo Resources Total Liabilities Related Terms

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Novo Resources (TSX:NVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novo Resources Corp (TSX:NVO) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

NSRPF:USA 1NO:Germany NVO:Australia

Address

1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website

https://www.novoresources.com

Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others. It has two segments Mining operations and exploration operations.

Executives

Michael Charles Barrett

Director