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ImagineAR (ImagineAR) Total Current Liabilities : $0.70 Mil (As of Feb. 2024)


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What is ImagineAR Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. ImagineAR's total current liabilities for the quarter that ended in Feb. 2024 was $0.70


ImagineAR Total Current Liabilities Historical Data

The historical data trend for ImagineAR'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.

ImagineAR Total Current Liabilities Chart

ImagineAR Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.44 0.35 0.44 0.79

ImagineAR Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.64 0.72 0.79 0.73 0.70

ImagineAR Total Current Liabilities Calculation

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

ImagineAR's Total Current Liabilities for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.744+0.039
+Other Current Liabilities+Current Deferred Liabilities
=0+0.009
=0.79

ImagineAR's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.686+0.01
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000001+0.001
=0.70

* 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


ImagineAR Total Current Liabilities Related Terms

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ImagineAR (ImagineAR) Business Description

Industry
Traded in Other Exchanges
Address
250-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
ImagineAR Inc provides a mobile platform for companies to develop & implement Mobile Augmented Reality experiences instantly with no programming or technology experience. Its platform enables the users to point the mobile device at logos, signs, buildings, products, landmarks to instantly engage videos, information, advertisements, coupons, 3D holograms, and any interactive content hosted in the cloud. Its products include ImagineAR Mobile App, ImagineAR Cloud, ImagineAR SDK/API among others. The firm serves industries such as Sports / Live Events, Advertising / Promotions, Retail, and others.

ImagineAR (ImagineAR) Headlines

From GuruFocus

ImagineAR (OTCQB: IPNFF) Provides Corporate Update

By PRNewswire PRNewswire 04-25-2022