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Canada House Wellness Group (Canada House Wellness Group) Total Current Liabilities : $16.03 Mil (As of Apr. 2023)


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What is Canada House Wellness Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Canada House Wellness Group's total current liabilities for the quarter that ended in Apr. 2023 was $16.03


Canada House Wellness Group Total Current Liabilities Historical Data

The historical data trend for Canada House Wellness Group'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.

* Premium members only.

Canada House Wellness Group Total Current Liabilities Chart

Canada House Wellness Group Annual Data
Trend Mar12 Mar13 Mar14 Jul15 Jul16 Apr17 Apr18 Apr19 Apr20 Apr21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 2.86 5.37 2.81 9.72

Canada House Wellness Group Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Oct22 Jan23 Apr23
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 Premium Member Only Premium Member Only 11.47 11.96 11.27 13.82 16.03

Canada House Wellness Group Total Current Liabilities Calculation

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

Canada House Wellness Group's Total Current Liabilities for the fiscal year that ended in Apr. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.682+3.034
+Other Current Liabilities+Current Deferred Liabilities
=-1.7763568394003E-15+0
=9.72

Canada House Wellness Group's Total Current Liabilities for the quarter that ended in Apr. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=8.712+7.32
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=16.03

* 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


Canada House Wellness Group Total Current Liabilities Related Terms

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Canada House Wellness Group (Canada House Wellness Group) Business Description

Traded in Other Exchanges
N/A
Address
551 Rue, Saint Marc, Louiseville, Quebec, QC, CAN, J5V 2L4
Canada House Cannabis Group Inc is a licensed producer that produces high quality medical grade cannabis. IsoCanMed Inc, a Licensed Producer in Louiseville, Quebec growing indoor cannabis, production facility employing state of the art vertical, aeroponic production methodologies; Canada House Clinics Inc, with clinics across the country that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions; and Knalysis Technologies, a provider of fully customizable, cloud-based software that links physician, provider, and patient to data that supports treatment with medical cannabis; Margaree Health Group a medical cannabis clinic.

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