RMHB (Rocky Mountain High Brands) Total Current Liabilities: $6.82 Mil (As of Jun. 2020)


What is Rocky Mountain High Brands Total Current Liabilities?

Rocky Mountain High Brands RMHB -10.00% Total Current Liabilities is $6.82 Mil as of Jun. 2020.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Rocky Mountain High Brands's total current liabilities for the quarter that ended in Jun. 2020 was $6.82

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Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Rocky Mountain High Brands Total Current Liabilities Related Terms

Rocky Mountain High Brands Total Current Liabilities Historical Data

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The historical data trend for Rocky Mountain High Brands'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.

Rocky Mountain High Brands Total Current Liabilities Chart

Rocky Mountain High Brands Annual Data
Trend Dec09 Jun10 Jun11 Jun12 Jun16 Jun17 Dec18 Dec19
Total Current Liabilities
Get a 7-Day Free Trial 0.34 6.23 8.58 2.08 3.17

Rocky Mountain High Brands Quarterly Data
Dec09 Jun10 Dec10 Jun11 Jun12 Jun16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 2.09 2.17 3.17 3.61 6.82

Rocky Mountain High Brands Total Current Liabilities Calculation

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

Rocky Mountain High Brands's Total Current Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.218+1.039
+Other Current Liabilities+Current Deferred Liabilities
=0.465+0.446
=3.17

Rocky Mountain High Brands's Total Current Liabilities for the quarter that ended in Jun. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.382+1.151
+Other Current Liabilities+Current Deferred Liabilities
=0.772+0.511
=6.82

* 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.

What does a Total Current Liabilities of $6.82 Mil mean?
Rocky Mountain High Brands (RMHB) has a Total Current Liabilities of $6.82 Mil as of Jun. 2020. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Rocky Mountain High Brands and its competitors.
Is Rocky Mountain High Brands' Total Current Liabilities too high?
Rocky Mountain High Brands' current Total Current Liabilities is $6.82 Mil.
How does Rocky Mountain High Brands' Total Current Liabilities compare to MOJO and CIRX?
Rocky Mountain High Brands' Total Current Liabilities of $6.82 Mil can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Beverages - Non-Alcoholic company?
A good Total Current Liabilities depends on the Beverages - Non-Alcoholic industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Rocky Mountain High Brands and its competitors. Rocky Mountain High Brands's current Total Current Liabilities is $6.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocky Mountain High Brands stock overvalued right now?
Rocky Mountain High Brands (RMHB) has a current Total Current Liabilities of $6.82 Mil. The current Total Current Liabilities is $6.82 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Rocky Mountain High Brands (RMHB), the current Total Current Liabilities is $6.82 Mil as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rocky Mountain High Brands Business Description

Address 12150 Shiloh Road, Suite 120, Dallas, TX, USA, 75228
Rocky Mountain High Brands Inc is a Dallas-based consumer goods company that offers energy drinks. The company specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. The company delivers a fresh line of clean-label energy drinks supercharged with hempseed, guarana, ginseng, and pure beet sugar.