GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Good Shroom Co Inc (OTCPK:TGSHF) » Definitions » Total Current Liabilities

The Good Shroom Co (The Good Shroom Co) Total Current Liabilities : $0.80 Mil (As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is The Good Shroom Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. The Good Shroom Co's total current liabilities for the quarter that ended in Jan. 2024 was $0.80

The Good Shroom Co Total Current Liabilities Historical Data

The historical data trend for The Good Shroom Co'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.

The Good Shroom Co Total Current Liabilities Chart

The Good Shroom Co Annual Data
Trend Jul21 Jul22 Jul23
Total Current Liabilities
0.21 0.55 0.73

The Good Shroom Co Quarterly Data
Mar20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.56 0.73 1.02 0.80

The Good Shroom Co Total Current Liabilities Calculation

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

The Good Shroom Co's Total Current Liabilities for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.675+0.041
+Other Current Liabilities+Current Deferred Liabilities
=0.00099999999999989+0.015
=0.73

The Good Shroom Co's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.746+0.04
+Other Current Liabilities+Current Deferred Liabilities
=0.001+0.015
=0.80

* 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

The Good Shroom Co Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of The Good Shroom Co's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

The Good Shroom Co (The Good Shroom Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » The Good Shroom Co Inc (OTCPK:TGSHF) » Definitions » Total Current Liabilities
Comparable Companies
Traded in Other Exchanges
MUSH:Canada
Address
324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5
Website
https://www.thegoodshroom.co
The Good Shroom Co Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The Teo Nan brand is a functional mushroom beverage range serving the American and Canadian wellness market via DTC and retail; The Nordique Royale is a premium quality hash; and The Velada brand is a range of CBD-infused functional mushroom beverages serving the Canadian legal cannabis market.

The Good Shroom Co (The Good Shroom Co) Headlines

No Headlines