GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lifeist Wellness Inc (OTCPK:LFSWF) » Definitions » Total Current Liabilities

LFSWF (Lifeist Wellness) Total Current Liabilities : $1.88 Mil (As of Aug. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Lifeist Wellness Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lifeist Wellness's total current liabilities for the quarter that ended in Aug. 2024 was $1.88

Lifeist Wellness Total Current Liabilities Historical Data

The historical data trend for Lifeist Wellness'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.

Lifeist Wellness Total Current Liabilities Chart

Lifeist Wellness Annual Data
Trend Mar14 Mar15 Aug16 Aug17 Aug18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.81 7.38 8.93 5.29 6.62

Lifeist Wellness Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 5.23 6.62 8.39 6.75 1.88

Lifeist Wellness Total Current Liabilities Calculation

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

Lifeist Wellness's Total Current Liabilities for the fiscal year that ended in Nov. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.167+0.29
+Other Current Liabilities+Current Deferred Liabilities
=0.0010000000000003+0.161
=6.62

Lifeist Wellness's Total Current Liabilities for the quarter that ended in Aug. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.793+0.077
+Other Current Liabilities+Current Deferred Liabilities
=0.0010000000000001+0.008
=1.88

* 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

Lifeist Wellness Total Current Liabilities Related Terms

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

Lifeist Wellness Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lifeist Wellness Inc (OTCPK:LFSWF) » Definitions » Total Current Liabilities
Comparable Companies
XCNQ:TGIF XCNQ:OILS XCNQ:STHZ XCNQ:IMCC TSX:DN TSXV:NDVA TSXV:VM XCNQ:RAMM XCNQ:CLC XCNQ:MYCO ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692
Traded in Other Exchanges
M5B0:Germany LFST:Canada
Address
18 Canso Road, Etobicoke, Toronto, ON, CAN, M9W 4L8
Website
https://www.lifeist.com
Lifeist Wellness Inc is a portfolio wellness company leveraging advancements in science and technology. Its portfolio of brands includes; CannMart Inc, a distributor of licensed and in-house branded adult-use cannabis and cannabis-derived products in Canada; CannMart Marketplace Inc operates CannMart.com, an online marketplace for hemp-derived CBD and accessories in the U.S.; CannMart Labs Inc, licensed facility for BHO (butane hash oil) extraction within Canada; Zest Brand, liquid Diamond vape formulations; Australian Vapes online supplier of hardware, including vaporizers, and related accessories and Mikra, a biosciences and consumer wellness company. The firm generates a majority of its revenue from the operations of CannMart.