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Maison Solutions (Maison Solutions) Total Current Liabilities : $6.60 Mil (As of Jan. 2024)


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What is Maison Solutions Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Maison Solutions's total current liabilities for the quarter that ended in Jan. 2024 was $6.60


Maison Solutions Total Current Liabilities Historical Data

The historical data trend for Maison Solutions'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.

Maison Solutions Total Current Liabilities Chart

Maison Solutions Annual Data
Trend Apr21 Apr22 Apr23
Total Current Liabilities
4.74 7.54 8.37

Maison Solutions Quarterly Data
Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.80 8.37 8.14 8.31 6.60

Maison Solutions Total Current Liabilities Calculation

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

Maison Solutions's Total Current Liabilities for the fiscal year that ended in Apr. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.641+2.282
+Other Current Liabilities+Current Deferred Liabilities
=0.00099999999999945+0.449
=8.37

Maison Solutions's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.316+1.972
+Other Current Liabilities+Current Deferred Liabilities
=0+0.308
=6.60

* 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


Maison Solutions Total Current Liabilities Related Terms

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Maison Solutions (Maison Solutions) Business Description

Traded in Other Exchanges
N/A
Address
127 N Garfield Avenue, Monterey Park, CA, USA, 91754
Maison Solutions Inc is a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. It is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which it operates. The company's merchandise includes fresh and unique produce, meats, seafood and other groceries that are not found in mainstream supermarkets, including a variety of Asian vegetables and fruits such as broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee.
Executives
Bin Wang director 112 RICO DR. NORTH, MORGANVILLE NJ 07751
Tao Han officer: Chief Operating Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
John Xu director, 10 percent owner, officer: President and CEO 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Alexandria M. Lopez director, officer: Chief Financial Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Xiaoxia Zhang director 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Mark W. Willis director 127 N GARFIELD AVE, MONTEREY PARK CA 91754

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