Wavefront Technology Solutions (Wavefront Technology Solutions) Total Liabilities : $1.12 Mil (As of May. 2022)

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What is Wavefront Technology Solutions Total Liabilities?

Wavefront Technology Solutions's Total Liabilities for the quarter that ended in May. 2022 was $1.12 Mil.

Wavefront Technology Solutions's quarterly Total Liabilities increased from Nov. 2021 ($1.01 Mil) to Feb. 2022 ($1.15 Mil) but then declined from Feb. 2022 ($1.15 Mil) to May. 2022 ($1.12 Mil).

Wavefront Technology Solutions's annual Total Liabilities declined from Aug. 2019 ($0.64 Mil) to Aug. 2020 ($0.54 Mil) but then increased from Aug. 2020 ($0.54 Mil) to Aug. 2021 ($0.86 Mil).

Wavefront Technology Solutions Total Liabilities Historical Data

The historical data trend for Wavefront Technology Solutions'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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Wavefront Technology Solutions Total Liabilities Chart

Wavefront Technology Solutions Annual Data

Trend

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Total Liabilities

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0.86

0.71

0.64

0.54

0.86

Wavefront Technology Solutions 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															0.92	0.86	1.01	1.15	1.12

Wavefront Technology Solutions 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.

Wavefront Technology Solutions's Total Liabilities for the fiscal year that ended in Aug. 2021 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.529	+	(0.316	+	0.016
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.86

Total Liabilities	=	Total Assets (A: Aug. 2021 )	-	Total Equity (A: Aug. 2021 )
	=	1.921	-	1.06
	=	0.86

Wavefront Technology Solutions'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
	=	0.854	+	(0.249	+	0.012
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	1.12

Total Liabilities	=	Total Assets (Q: May. 2022 )	-	Total Equity (Q: May. 2022 )
	=	1.69	-	0.575
	=	1.12

Wavefront Technology Solutions Total Liabilities Related Terms

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Wavefront Technology Solutions (Wavefront Technology Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wavefront Technology Solutions Inc (OTCPK:WFTSF) » Definitions » Total Liabilities

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Traded in Other Exchanges

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Address

70 Street North West, Suite 5621, Edmonton, AB, CAN, T6B 3P6

Website

https://www.onthewavefront.com

Wavefront Technology Solutions Inc is a technology company providing solutions to oil and gas exploration and production companies to maximize oil and gas production. It has two processes namely the Powerwave process which is an injection technology that improves the flow of fluids in geological materials including sedimentary soils and fractured rock, and Primawave process which is an effective method for aiding in-situ (in-ground) environmental groundwater remediation clean-up strategies in contaminated sites. Geographically it earns key revenue from the Middle East.