GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Green Rise Foods Inc (TSXV:GRF) » Definitions » Total Current Liabilities

Green Rise Foods (TSXV:GRF) Total Current Liabilities : C$52.40 Mil (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Green Rise Foods Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Green Rise Foods's total current liabilities for the quarter that ended in Dec. 2023 was C$52.40

Green Rise Foods Total Current Liabilities Historical Data

The historical data trend for Green Rise Foods'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.

Green Rise Foods Total Current Liabilities Chart

Green Rise Foods Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 1.77 3.69 9.77 25.82 52.40

Green Rise Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25.82 32.35 19.51 14.36 52.40

Green Rise Foods Total Current Liabilities Calculation

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

Green Rise Foods's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.732+46.669
+Other Current Liabilities+Current Deferred Liabilities
=7.105427357601E-15+0
=52.40

Green Rise Foods's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.732+46.669
+Other Current Liabilities+Current Deferred Liabilities
=7.105427357601E-15+0
=52.40

* 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

Green Rise Foods Total Current Liabilities Related Terms

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

Green Rise Foods (TSXV:GRF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Green Rise Foods Inc (TSXV:GRF) » Definitions » Total Current Liabilities
Comparable Companies
XCNQ:OPTI TSXV:IGP TSXV:PEAS TSXV:PTFY TSXV:POND TSX:GLG XCNQ:ULTA ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 BKK:CPF
Traded in Other Exchanges
N/A
Address
47 Colborne Street, Suite 301, Toronto, ON, CAN, M5E1P8
Website
https://www.greenrisefoods.ca
Green Rise Foods Inc is a grower of fresh produce. The company takes pride in providing high-quality, consistent and reliable products to meet the growing consumer demand for locally grown fresh produce. It seeks to optimize its operations to generate improved product quality and shelf life, expand profit margins, and provide investors with meaningful and growing returns. The seasonal operation consists of the growing, packaging, and sale of produce to majority of its customers.