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Marijuana Company of America (Marijuana Company of America) Total Current Liabilities : $8.98 Mil (As of Sep. 2022)


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What is Marijuana Company of America Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Marijuana Company of America's total current liabilities for the quarter that ended in Sep. 2022 was $8.98

Marijuana Company of America Total Current Liabilities Historical Data

The historical data trend for Marijuana Company of America'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.

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Marijuana Company of America Total Current Liabilities Chart

Marijuana Company of America Annual Data
Trend Dec00 Dec01 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Current Liabilities
Get a 7-Day Free Trial 10.58 5.05 11.75 7.57 7.73

Marijuana Company of America Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 4.37 7.73 8.83 7.83 8.98

Marijuana Company of America Total Current Liabilities Calculation

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

Marijuana Company of America's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.193+3.789
+Other Current Liabilities+Current Deferred Liabilities
=1.747+0
=7.73

Marijuana Company of America's Total Current Liabilities for the quarter that ended in Sep. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.328+4.863
+Other Current Liabilities+Current Deferred Liabilities
=1.791+0
=8.98

* 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

Marijuana Company of America Total Current Liabilities Related Terms

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Marijuana Company of America (Marijuana Company of America) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Marijuana Company of America Inc (OTCPK:MCOA) » Definitions » Total Current Liabilities
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CPHI BSPK IGPK SXTC GPFT CSUI INLB VFRM MJNE PCYN ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XTAE:TEVA NSE:DIVISLAB
Traded in Other Exchanges
N/A
Address
633 West 5th Street, Suite 2826, Los Angeles, CA, USA, 90071
Website
http://www.marijuanacompanyofamerica.com
Marijuana Company of America Inc is a marijuana marketing and distribution company. Through its subsidiary, the company delivers all the benefits of industrial hemp-derived cannabinoid products to the world through its unique marketing and distribution platform through cDistro. It also provides turn-key services to the legal cannabis and hemp industry, as well as, strategically investing in synergistic companies to develop a diverse portfolio of subsidiaries and joint ventures that create value for our shareholders.
Executives
Jesus Quintero director, 10 percent owner 16860 SOUTHWEST 1ST STREET, PEMBROKE PINES FL 33027
Themistocles Psomiadis director 1420 MIDTOWN AVE, APT 407, MOUNT PLEASANT SC 29464
Donald J Steinberg director, 10 percent owner, officer: President 3223 SUMAC ROAD, FALLBROOK CA 92028
Charles John Larsen director, 10 percent owner 333 WASHINGTON BLVD., #386, MARINA DEL REY CA 90292
Hymers Iii R. Leslie director, 10 percent owner, officer: Chief Financial Officer 520 S GRAND AVENUE, STE 320, LOS ANGELES CA 90071