GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Freedom Internet Group Inc (OTCPK:FIGI) » Definitions » Total Current Liabilities

Freedom Internet Group (Freedom Internet Group) Total Current Liabilities : $0.02 Mil (As of Jan. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Freedom Internet Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Freedom Internet Group's total current liabilities for the quarter that ended in Jan. 2023 was $0.02

Freedom Internet Group Total Current Liabilities Historical Data

The historical data trend for Freedom Internet Group'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.

Freedom Internet Group Total Current Liabilities Chart

Freedom Internet Group Annual Data
Trend Oct19 Oct20 Oct21 Oct22
Total Current Liabilities
1.82 0.03 0.02 0.01

Freedom Internet Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 - 0.01 - 0.01 0.02

Freedom Internet Group Total Current Liabilities Calculation

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

Freedom Internet Group's Total Current Liabilities for the fiscal year that ended in Oct. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.014+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.01

Freedom Internet Group's Total Current Liabilities for the quarter that ended in Jan. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.022+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.02

* 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

Freedom Internet Group Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Freedom Internet Group's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Freedom Internet Group (Freedom Internet Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Freedom Internet Group Inc (OTCPK:FIGI) » Definitions » Total Current Liabilities
Comparable Companies
NISN AHG LMFA PT BWMY DXF SNTG JT WEIDY AIHS V MA AXP PYPL COF BOM:500034 DFS TSE:8591 SYF ALLY
Traded in Other Exchanges
N/A
Address
151 Calle San Francisco, Suite 200, San Juan, PRI, 00901
Website
https://www.figiroyalty.com
Freedom Internet Group Inc is engaged in the business of acquiring, holding, and managing royalty interests derived from Internet-based businesses, referred to as operators. The purchase of royalty interests by a company enables entrepreneurs to raise non-dilutive capital and retain control of their businesses. The company generates revenue from physical or digital product sales, subscriptions, and advertising.
Executives
Noah Rosenfarb director, 10 percent owner, officer: CFO 12178 NW 69TH CT PARKLAND FL 33076
Ronald Rosenfarb director, officer: COO 4123 ISLA VERDE AVE APT 1505 CAROLINA PR 00979
Alton Chapman director, 10 percent owner, officer: CEO 3460 KINGSBORO RD NE APT 640 ATLANTA GA 30326

Freedom Internet Group (Freedom Internet Group) Headlines

No Headlines