Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."


TSXV:NXX - Post by User

Post by Bean_and_Dunnon Mar 21, 2014 8:43am
184 Views
Post# 22350081

Nordex Current liabilities were $5,142,629 Sept 30 2013

Nordex Current liabilities were $5,142,629 Sept 30 2013At Dec 31 2012 they were  3,333,079. That is a difference of $1,809,550. 

Current assets only went up from 8,188,858 to 8,383,523 a difference of only $194,665.
Some of the current assets are very slow to come in the door. At Sept 30 2013 $508,585 was the company's normal credit terms of 60 days. 

Inventory rose $971,883. Is all this inventory saleable?
Cash had dropped by $1,736,725
<< Previous
Bullboard Posts
Next >>