THCT (THC Therapeutics) Total Current Liabilities: $3.81 Mil (As of Jul. 2024)

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What is THC Therapeutics Total Current Liabilities?

THC Therapeutics THCT Total Current Liabilities is $3.81 Mil as of Jul. 2024.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. THC Therapeutics's total current liabilities for the quarter that ended in Jul. 2024 was $3.81

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THC Therapeutics Total Current Liabilities Related Terms

THC Therapeutics Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for THC Therapeutics'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.

THC Therapeutics Total Current Liabilities Chart

THC Therapeutics Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 2.86 3.22 3.32 3.81

THC Therapeutics Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 3.32 3.28 3.81 3.43 3.81

THC Therapeutics Total Current Liabilities Calculation

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

THC Therapeutics's Total Current Liabilities for the fiscal year that ended in Jul. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.32+0.732
+Other Current Liabilities+Current Deferred Liabilities
=0.615+0.145
=3.81

THC Therapeutics's Total Current Liabilities for the quarter that ended in Jul. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.32+0.732
+Other Current Liabilities+Current Deferred Liabilities
=0.615+0.145
=3.81

* 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 $3.81 Mil mean?
THC Therapeutics (THCT) has a Total Current Liabilities of $3.81 Mil as of Jul. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for THC Therapeutics and its competitors.
Is THC Therapeutics' Total Current Liabilities too high?
THC Therapeutics' current Total Current Liabilities is $3.81 Mil.
How does THC Therapeutics' Total Current Liabilities compare to ZTS and UTHR?
THC Therapeutics' Total Current Liabilities of $3.81 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Current Liabilities depends on the Drug Manufacturers 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 THC Therapeutics and its competitors. THC Therapeutics's current Total Current Liabilities is $3.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THC Therapeutics stock overvalued right now?
THC Therapeutics (THCT) has a current Total Current Liabilities of $3.81 Mil. The current Total Current Liabilities is $3.81 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 THC Therapeutics (THCT), the current Total Current Liabilities is $3.81 Mil as of Jul. 2024. 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.

THC Therapeutics Business Description

Address 203 S Church Steet, Jacksboro, TX, USA, 76458
Website https://thct.io
THC Therapeutics Inc is a United States-based company. It is focused on developing a sanitizing herb dryer, the dHydronator, which has been specifically designed for the drying and sanitizing i.e., reducing the bacterial count of freshly harvested cannabis, and other herbs, flowers, and tea leaves. The main function of the dHydronator is to accelerate the drying time of an herb while sanitizing it. The dHydronator can be used to dry a variety of herbs, and it has been specifically tested for use with cannabis.