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Avenir Wellness Solutions (Avenir Wellness Solutions) Total Current Liabilities : $12.79 Mil (As of Sep. 2023)


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What is Avenir Wellness Solutions Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Avenir Wellness Solutions's total current liabilities for the quarter that ended in Sep. 2023 was $12.79


Avenir Wellness Solutions Total Current Liabilities Historical Data

The historical data trend for Avenir Wellness Solutions'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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Avenir Wellness Solutions Total Current Liabilities Chart

Avenir Wellness Solutions Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial 8.55 11.84 14.47 24.26 13.91

Avenir Wellness Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 15.06 13.91 12.29 11.58 12.79

Avenir Wellness Solutions Total Current Liabilities Calculation

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

Avenir Wellness Solutions's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.586+10.015
+Other Current Liabilities+Current Deferred Liabilities
=0.924+0.388
=13.91

Avenir Wellness Solutions's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.173+8.504
+Other Current Liabilities+Current Deferred Liabilities
=0.659+0.453
=12.79

* 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


Avenir Wellness Solutions Total Current Liabilities Related Terms

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Avenir Wellness Solutions (Avenir Wellness Solutions) Business Description

Traded in Other Exchanges
N/A
Address
5805 Sepulveda Boulevard, Suite 801, Sherman Oaks, CA, USA, 91411
Avenir Wellness Solutions Inc is a broad wellness platform technology company that develops proprietary wellness, nutraceutical, and topical delivery systems. The technology, which is based on approximately 15 current patents, offers several immediate- and controlled-release delivery vehicles designed to improve product efficacy, safety, and consumer experience for a wide range of active ingredients. The company sells its product under the brand names Seratopical, Seratopical Revolution, SeraLabs, and Nutri-Strips.
Executives
Robert J Costantino director 5805 SEPULVEDA BLVD., SUITE 801, SHERMAN OAKS CA 91411
Joel M Bennett officer: CFO,CAO, Treasurer & Secretary 22619 PACIFIC COAST HIGHWAY, MALIBU CA 90265
Gerald Bagg director C/O CURE PHARMACEUTICAL HOLDING CORP., 5805 SEPULVEDA BLVD., SUITE 801, SHERMAN OAKS CA 91411
Nancy Duitch officer: Chief Strat Officer-Wellness 15950 ROYAL OAK RD, ENCINO CA 91436
Robert Steven Davidson director, officer: CEO & Director 5805 SEPULVEDA BLVD., SUITE 801, SHERMAN OAKS CA 91411
Jonathan Berlent officer: Chief Business Officer 1620 BEACON PLACE, OXNARD CA 93033
John K Bell director 38 FALLBROOK LANE RR 33, CAMBRIDGE A6 N3H 4R8
Anna Goldin director 1620 BEACON STREET, OXNARD CA 93033
Lauren Chung director 1620 BEACON STREET, OXNARD CA 93033
Michael Redard officer: Chief Financial Officer 1620 BEACON PLACE, OXNARD CA 93033
Joshua Held director 1620 BEACON PLACE, OXNARD CA 93033
Climate Change Investigation, Innovation & Investment Company, Llc 10 percent owner 12 SAN RAFAEL AVE, BELVEDERE CA 94920
Ruben Jr King-shaw director 1620 BEACON PLACE, OXNARD CA 93033
Gene Z Salkind director 5805 SEPULVEDA BLVD., SUITE 801, SHERMAN OAKS CA 91411
Alex Katz officer: CFO 1233 FAIRY HILL ROAD, RYDAL PA 19046

Avenir Wellness Solutions (Avenir Wellness Solutions) Headlines

From GuruFocus

CURE Pharmaceutical Letter to Shareholders

By ACCESSWIRE ACCESSWIRE 12-15-2022

Avenir Wellness Letter to Stockholders

By ACCESSWIRE ACCESSWIRE 04-25-2023