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LCTC (Lifeloc Technologies) Total Current Liabilities : $1.13 Mil (As of Mar. 2025)


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What is Lifeloc Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lifeloc Technologies's total current liabilities for the quarter that ended in Mar. 2025 was $1.13

Lifeloc Technologies Total Current Liabilities Historical Data

The historical data trend for Lifeloc 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.

* Premium members only.

Lifeloc Technologies Total Current Liabilities Chart

Lifeloc Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.08 1.14 1.15 0.74

Lifeloc Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.09 1.08 0.78 0.74 1.13

Lifeloc 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.

Lifeloc Technologies's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.383+0.053
+Other Current Liabilities+Current Deferred Liabilities
=0.21+0.098
=0.74

Lifeloc Technologies's Total Current Liabilities for the quarter that ended in Mar. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.839+0.062
+Other Current Liabilities+Current Deferred Liabilities
=0.046+0.187
=1.13

* 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

Lifeloc Technologies Total Current Liabilities Related Terms

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Lifeloc Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lifeloc Technologies Inc (OTCPK:LCTC) » Definitions » Total Current Liabilities
Comparable Companies
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Traded in Other Exchanges
N/A
Address
12441 West 49th Avenue, Wheat Ridge, CO, USA, 80033
Website
https://www.lifeloc.com
Lifeloc Technologies Inc is a developer, manufacturer, and marketer of portable hand-held and fixed station breathalyzers and related accessories, supplies, and education. It offers fuel-cell-based breath alcohol testing equipment and also a line of supplies, accessories, services, and training to support customers' alcohol testing programs. The company operates through two segments: Products and Rentals. A majority of its revenue is generated from the Products segment, which represents the sale of physical products, including portable hand-held breathalyzers and related accessories, supplies, education, training (Product Sales), and royalties from development contracts with OEM manufacturers. The company sells its products globally through distributors as well as directly to users.
Executives
Vern D Kornelsen director, 10 percent owner, officer: Secretary and CFO 4605 S. DENICE DR, ENGLEWOOD CO 80111
Donald E. Siecke director 12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033
Michael Kornelsen director 700 N. WASHINGTON STREET, #1007, DENVER CO 80203
Wayne Willkomm director 12441 W 49TH AVENUE, UNIT #4, WHEAT RIDGE CO 80033
Gurumurthi Ravishankar director, officer: Executive Vice President 12441 W. 49TH STREET, SUITE 4, WHEAT RIDGE CO 80033
Partners Lllp Edco 10 percent owner 4605 S DENICE DR, ENGLEWOOD CO 80111
Robert D Greenlee director 2060 BROADWAY, BOULDER CO 80302
Kristie L. Larose officer: Vice President, Finance 12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Barry R. Knott director, officer: President, CEO and Treasurer 12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Mark A. Lary officer: Vice President, Operations 12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Robert H. Summers director 5816 S LUPINE DR, LITTLETON CO 80123
Alan C. Castrodale director 12441 . 49TH AVE., STE 4, WHEAT RIDGE CO 80033