Schmitt Industries (STU:SI1A) Total Liabilities : €21.03 Mil (As of May. 2022)

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What is Schmitt Industries Total Liabilities?

Schmitt Industries's Total Liabilities for the quarter that ended in May. 2022 was €21.03 Mil.

Schmitt Industries's quarterly Total Liabilities declined from Nov. 2021 (€16.04 Mil) to Feb. 2022 (€14.31 Mil) but then increased from Feb. 2022 (€14.31 Mil) to May. 2022 (€21.03 Mil).

Schmitt Industries's annual Total Liabilities increased from May. 2020 (€1.20 Mil) to May. 2021 (€14.32 Mil) and increased from May. 2021 (€14.32 Mil) to May. 2022 (€21.03 Mil).

Schmitt Industries Total Liabilities Historical Data

The historical data trend for Schmitt Industries'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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Schmitt Industries Total Liabilities Chart

Schmitt Industries Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Total Liabilities

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1.50

1.24

1.20

14.32

21.03

Schmitt Industries Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Total Liabilities	Get a 7-Day Free Trial															14.32	14.63	16.04	14.31	21.03

Schmitt Industries 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.

Schmitt Industries's Total Liabilities for the fiscal year that ended in May. 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
	=	5.513	+	(15.52	+	1.7763568394003E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	21.03

Total Liabilities	=	Total Assets (A: May. 2022 )	-	Total Equity (A: May. 2022 )
	=	21.606	-	0.572
	=	21.03

Schmitt Industries's Total Liabilities for the quarter that ended in May. 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
	=	5.513	+	(15.52	+	1.7763568394003E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	21.03

Total Liabilities	=	Total Assets (Q: May. 2022 )	-	Total Equity (Q: May. 2022 )
	=	21.606	-	0.572
	=	21.03

Schmitt Industries Total Liabilities Related Terms

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Schmitt Industries (STU:SI1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Schmitt Industries Inc (STU:SI1A) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

2765 North West Nicolai Street, Portland, OR, USA, 97210

Website

https://www.schmittindustries.com

Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.

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