Favo Capital (Favo Capital) Total Liabilities : $35.11 Mil (As of Sep. 2023)

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What is Favo Capital Total Liabilities?

Favo Capital's Total Liabilities for the quarter that ended in Sep. 2023 was $35.11 Mil.

Favo Capital's quarterly Total Liabilities declined from Mar. 2014 ($0.04 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($35.11 Mil).

Favo Capital's annual Total Liabilities increased from Dec. 2011 ($0.04 Mil) to Dec. 2012 ($0.05 Mil) but then declined from Dec. 2012 ($0.05 Mil) to Dec. 2013 ($0.03 Mil).

Favo Capital Total Liabilities Historical Data

The historical data trend for Favo Capital'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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Favo Capital Total Liabilities Chart

Favo Capital Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Total Liabilities

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0.37

0.17

0.04

0.05

0.03

Favo Capital Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Sep22	Sep23
Total Liabilities	Get a 7-Day Free Trial															0.01	0.03	0.04	-	35.11

Favo Capital 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.

Favo Capital's Total Liabilities for the fiscal year that ended in Dec. 2013 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.027	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.03

Total Liabilities	=	Total Assets (A: Dec. 2013 )	-	Total Equity (A: Dec. 2013 )
	=	N/A	-	-0.027
	=	N/A

Favo Capital's Total Liabilities for the quarter that ended in Sep. 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
	=	3.745	+	(31.364	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	35.11

Total Liabilities	=	Total Assets (Q: Sep. 2023 )	-	Total Equity (Q: Sep. 2023 )
	=	17.666	-	-17.443
	=	35.11

Favo Capital Total Liabilities Related Terms

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Favo Capital (Favo Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Favo Capital Inc (OTCPK:FAVO) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1025 Old Country Road, Suite 421, Westbury, NY, USA, 11590

Website

https://www.favocap.com

Favo Capital Inc is a direct funding company, which provides customized, short-term funding to small and mid-sized businesses nationwide. The company is also engaged in the real estate holdings division.