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INDVR Brands (INDVR Brands) Total Current Liabilities : $4.32 Mil (As of Oct. 2021)


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What is INDVR Brands Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. INDVR Brands's total current liabilities for the quarter that ended in Oct. 2021 was $4.32


INDVR Brands Total Current Liabilities Historical Data

The historical data trend for INDVR Brands'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.

INDVR Brands Total Current Liabilities Chart

INDVR Brands Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.21 0.30 3.34 3.97

INDVR Brands Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 3.89 3.97 3.91 4.00 4.32

INDVR Brands Total Current Liabilities Calculation

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

INDVR Brands's Total Current Liabilities for the fiscal year that ended in Jan. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.527+1.275
+Other Current Liabilities+Current Deferred Liabilities
=0.165+0
=3.97

INDVR Brands's Total Current Liabilities for the quarter that ended in Oct. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.435+1.72
+Other Current Liabilities+Current Deferred Liabilities
=0.166+0
=4.32

* 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


INDVR Brands Total Current Liabilities Related Terms

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INDVR Brands (INDVR Brands) Business Description

Traded in Other Exchanges
N/A
Address
C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9
INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

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