Pacific Ventures Group (Pacific Ventures Group) Total Liabilities : $27.83 Mil (As of Sep. 2023)

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What is Pacific Ventures Group Total Liabilities?

Pacific Ventures Group's Total Liabilities for the quarter that ended in Sep. 2023 was $27.83 Mil.

Pacific Ventures Group's quarterly Total Liabilities increased from Mar. 2023 ($26.84 Mil) to Jun. 2023 ($27.44 Mil) and increased from Jun. 2023 ($27.44 Mil) to Sep. 2023 ($27.83 Mil).

Pacific Ventures Group's annual Total Liabilities increased from Dec. 2020 ($18.71 Mil) to Dec. 2021 ($22.36 Mil) and increased from Dec. 2021 ($22.36 Mil) to Dec. 2022 ($26.04 Mil).

Pacific Ventures Group Total Liabilities Historical Data

The historical data trend for Pacific Ventures Group'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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Pacific Ventures Group Total Liabilities Chart

Pacific Ventures Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Liabilities

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4.25

13.39

18.71

22.36

26.04

Pacific Ventures Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Liabilities	Get a 7-Day Free Trial															24.91	26.04	26.84	27.44	27.83

Pacific Ventures Group 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.

Pacific Ventures Group's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	11.049	+	(14.994	+	-0.00099999999999767
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	26.04

Total Liabilities	=	Total Assets (A: Dec. 2022 )	-	Total Equity (A: Dec. 2022 )
	=	6.193	-	-19.849
	=	26.04

Pacific Ventures Group'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
	=	11.35	+	(16.482	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	27.83

Total Liabilities	=	Total Assets (Q: Sep. 2023 )	-	Total Equity (Q: Sep. 2023 )
	=	6.039	-	-21.793
	=	27.83

Pacific Ventures Group Total Liabilities Related Terms

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Pacific Ventures Group (Pacific Ventures Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Pacific Ventures Group Inc (OTCPK:PACV) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

117 West 9th Street, Suite 316, Los Angeles, CA, USA, 90015

Website

https://www.pacvgroup.com

Pacific Ventures Group Inc is focused on expansion within the consumer products, food, beverage, and alcohol-related industries. Its customers range from a wide variety of restaurants, including many well-known in Southern CA, to institutions, schools, and re-distributors such as U.S. Foods and Sysco as well as to local distributors. It supplies wholesale food and restaurant supplies to San Diego, Los Angeles, Orange, and Riverside and offers same-day service. In addition, it has clients in Arizona and Colorado that come to its facility to pick up their orders.

Executives

Shannon Masjedi	director, 10 percent owner, officer: PRESIDENT, COO, AND SECRETARY	117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Marc Shenkman	director, officer: EXECUTIVE VICE PRESIDENT	117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Robert Emmitt Smith	director, officer: CHAIRMAN OF THE BOARD & CEO	117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Kent R. Sumner	10 percent owner	1248 BATEMAN PONDS WAY, WEST JORDAN UT 84084
Marion Philip Guthrie	10 percent owner	THREE LINCOLN CENTRE, 5430 LBJ FWY., SUITE 1480, DALLAS TX 75240
Kip Eardley	director, 10 percent owner, officer: President & Secretary	P.O. BOX 901658, SANDY UT 84090