BIIO (Bionovate Technologies) Total Current Liabilities: $0.53 Mil (As of Sep. 2021)


What is Bionovate Technologies Total Current Liabilities?

Bionovate Technologies BIIO Total Current Liabilities is $0.53 Mil as of Sep. 2021.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Bionovate Technologies's total current liabilities for the quarter that ended in Sep. 2021 was $0.53

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

Bionovate Technologies Total Current Liabilities Related Terms

Bionovate Technologies Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Bionovate Technologies'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.

Bionovate Technologies Total Current Liabilities Chart

Bionovate Technologies Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 0.23 0.31 0.33 0.40 0.50

Bionovate Technologies Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.42 0.45 0.48 0.50 0.53

Bionovate Technologies Total Current Liabilities Calculation

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

Bionovate Technologies's Total Current Liabilities for the fiscal year that ended in Jun. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.266+0.237
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.50

Bionovate Technologies's Total Current Liabilities for the quarter that ended in Sep. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.287+0.238
+Other Current Liabilities+Current Deferred Liabilities
=1.1102230246252E-16+0
=0.53

* 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 $0.53 Mil mean?
Bionovate Technologies (BIIO) has a Total Current Liabilities of $0.53 Mil as of Sep. 2021. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Bionovate Technologies and its competitors.
Is Bionovate Technologies' Total Current Liabilities too high?
Bionovate Technologies' current Total Current Liabilities is $0.53 Mil.
How does Bionovate Technologies' Total Current Liabilities compare to ABT and MDT?
Bionovate Technologies' Total Current Liabilities of $0.53 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Total Current Liabilities depends on the Medical Devices & Instruments 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 Bionovate Technologies and its competitors. Bionovate Technologies's current Total Current Liabilities is $0.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bionovate Technologies stock overvalued right now?
Bionovate Technologies (BIIO) has a current Total Current Liabilities of $0.53 Mil. The current Total Current Liabilities is $0.53 Mil. 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 Bionovate Technologies (BIIO), the current Total Current Liabilities is $0.53 Mil as of Sep. 2021. 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.

Bionovate Technologies Business Description

Address 950 W Bannock Street, Boise, ID, USA, 83702
Bionovate Technologies Corp operates in the medical devices and diagnostics sector with a focus on mobile technologies.