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FITY (Fifty 1 Labs) Total Current Liabilities : $0.15 Mil (As of Jun. 2024)


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What is Fifty 1 Labs Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Fifty 1 Labs's total current liabilities for the quarter that ended in Jun. 2024 was $0.15


Fifty 1 Labs Total Current Liabilities Historical Data

The historical data trend for Fifty 1 Labs'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.

Fifty 1 Labs Total Current Liabilities Chart

Fifty 1 Labs Annual Data
Trend Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun21 Jun22 Jun23 Jun24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.75 - 0.19 0.19 0.15

Fifty 1 Labs Semi-Annual Data
Dec03 Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun21 Jun22 Jun23 Jun24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 12.75 - 0.19 0.19 0.15

Fifty 1 Labs Total Current Liabilities Calculation

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

Fifty 1 Labs's Total Current Liabilities for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.081+0.065
+Other Current Liabilities+Current Deferred Liabilities
=-2.7755575615629E-17+0
=0.15

Fifty 1 Labs's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.081+0.065
+Other Current Liabilities+Current Deferred Liabilities
=-2.7755575615629E-17+0
=0.15

* 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


Fifty 1 Labs Total Current Liabilities Related Terms

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Fifty 1 Labs Business Description

Traded in Other Exchanges
N/A
Address
751 North Drive, STE 11, Melbourne, FL, USA, 32934
Fifty 1 Labs Inc is a holding company with four subsidiaries that operate in the sports supplement, fitness equipment, and health and wellness industries, respectively.
Executives
Scott Eugene Miller officer: CEO 2239 N. HAYDEN RD., SUITE 100, SCOTTSDALE AZ 85257
Jamie Kerr director, 10 percent owner, officer: President 2925 N. 67TH PLACE, SCOTTSDALE AZ 85251
John Shaffer director, officer: Treasurer 2925 N. 67TH PLACE, SCOTTSDALE AZ 85251

Fifty 1 Labs Headlines

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