TDNT (Trident Brands) Total Current Liabilities: $11.04 Mil (As of May. 2022)


What is Trident Brands Total Current Liabilities?

Trident Brands TDNT Total Current Liabilities is $11.04 Mil as of May. 2022.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Trident Brands's total current liabilities for the quarter that ended in May. 2022 was $11.04

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

Trident Brands Total Current Liabilities Related Terms

Trident Brands Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Trident 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.

Trident Brands Total Current Liabilities Chart

Trident Brands Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 5.18 21.84 7.91 9.93

Trident Brands Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 8.72 9.29 9.93 10.52 11.04

Trident 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.

Trident Brands's Total Current Liabilities for the fiscal year that ended in Nov. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=9.93+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=9.93

Trident Brands's Total Current Liabilities for the quarter that ended in May. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=11.036+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=11.04

* 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 $11.04 Mil mean?
Trident Brands (TDNT) has a Total Current Liabilities of $11.04 Mil as of May. 2022. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Trident Brands and its competitors.
Is Trident Brands' Total Current Liabilities too high?
Trident Brands' current Total Current Liabilities is $11.04 Mil.
How does Trident Brands' Total Current Liabilities compare to SKVI and QNTA?
Trident Brands' Total Current Liabilities of $11.04 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Current Liabilities depends on the Consumer Packaged Goods 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 Trident Brands and its competitors. Trident Brands's current Total Current Liabilities is $11.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident Brands stock overvalued right now?
Trident Brands (TDNT) has a current Total Current Liabilities of $11.04 Mil. The current Total Current Liabilities is $11.04 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 Trident Brands (TDNT), the current Total Current Liabilities is $11.04 Mil as of May. 2022. 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.

Trident Brands Business Description

Address 433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432
Trident Brands Inc is a consumer product company. It is focused on developing high growth branded and private label consumer products and ingredients within the nutritional supplement, life sciences, and food and beverage categories. It offers consumer products, including nutritional products and supplements under the Everlast and Brain Armor brands. The company's brands focus on supplements, nutritional products, and heart and brain health categories. In addition, the firm also offers various banking facilities. Geographically business activity functions through the region of the United States and derives a majority of its revenue from the sale of products.