ABVEF (Above Food Ingredients) Total Current Liabilities: $121.3 Mil (As of Jul. 2024)

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.09
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What is Above Food Ingredients Total Current Liabilities?

Above Food Ingredients ABVEF -0.06% 16 Total Current Liabilities is $121.3 Mil as of Jul. 2024. GuruFocus rates ABVEF with a GF Score™ of 16/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Above Food Ingredients's total current liabilities for the quarter that ended in Jul. 2024 was $121.3


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Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Above Food Ingredients Total Current Liabilities Related Terms


Above Food Ingredients Total Current Liabilities Historical Data

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The historical data trend for Above Food Ingredients'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.

Above Food Ingredients Total Current Liabilities Chart

Above Food Ingredients Annual Data
Trend Jan22 Jan23 Jan24
Total Current Liabilities
79.54 105.17 114.62

Above Food Ingredients Semi-Annual Data
Jan22 Jan23 Jul23 Jan24 Jul24
Total Current Liabilities 79.54 105.17 0.00 114.62 121.31
ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients Total Current Liabilities Calculation

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

Above Food Ingredients's Total Current Liabilities for the fiscal year that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=44.043+60.685
+Other Current Liabilities+Current Deferred Liabilities
=3.425+6.464
=114.6

Above Food Ingredients's Total Current Liabilities for the quarter that ended in Jul. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=39.526+53.589
+Other Current Liabilities+Current Deferred Liabilities
=19.44+8.758
=121.3

* 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.

What does a Total Current Liabilities of $121.3 Mil mean?
Above Food Ingredients (ABVEF) has a Total Current Liabilities of $121.3 Mil as of Jul. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Above Food Ingredients and its competitors.
Is Above Food Ingredients' Total Current Liabilities too high?
Above Food Ingredients' current Total Current Liabilities is $121.3 Mil. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' Total Current Liabilities compare to CTGL and NATR?
Above Food Ingredients' Total Current Liabilities of $121.3 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Consumer Packaged Goods company?
A good Total Current Liabilities depends on the Consumer Packaged Goods industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Above Food Ingredients and its competitors. Above Food Ingredients's current Total Current Liabilities is $121.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current Total Current Liabilities of $121.3 Mil. The current Total Current Liabilities is $121.3 Mil. Above Food Ingredients' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Above Food Ingredients (ABVEF), the current Total Current Liabilities is $121.3 Mil as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

Get the complete analysis for ABVEF

Total Current Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.09
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