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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

Comment by loosegooseon Mar 21, 2014 11:24am
128 Views
Post# 22351429

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

RE:Nordex Current liabilities were $5,142,629 Sept 30 2013
I looked at the difference over the last 12 months as the numbers can fluctuate considerably in shorter time periods. In addition a 24 month comparison from 3rd qtr 2011 to 3rd qtr 2013 is as follows: assets rose from $4,869,822 to $8,383,523 a 72.2% increase and liabilities decreased from $5,571,219 to $5,142,629 a 7.7% decrease. I believe this is an even more accurate assessment of what the company has accomplished over a reasonable time period.
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