TRCNF (Transnational Cannabis) Total Current Liabilities: $0.83 Mil (As of Nov. 2019)

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What is Transnational Cannabis Total Current Liabilities?

Transnational Cannabis TRCNF -97.50% Total Current Liabilities is $0.83 Mil as of Nov. 2019.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Transnational Cannabis's total current liabilities for the quarter that ended in Nov. 2019 was $0.83

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

Transnational Cannabis Total Current Liabilities Related Terms

Transnational Cannabis Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Transnational Cannabis'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.

Transnational Cannabis Total Current Liabilities Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.11 0.22 0.16 2.07

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 0.20 2.07 0.63 2.11 0.83

Transnational Cannabis Total Current Liabilities Calculation

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

Transnational Cannabis's Total Current Liabilities for the fiscal year that ended in Feb. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.927+1.146
+Other Current Liabilities+Current Deferred Liabilities
=0.00099999999999989+0
=2.07

Transnational Cannabis's Total Current Liabilities for the quarter that ended in Nov. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.664+0.165
+Other Current Liabilities+Current Deferred Liabilities
=-1.1102230246252E-16+0
=0.83

* 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 $0.83 Mil mean?
Transnational Cannabis (TRCNF) has a Total Current Liabilities of $0.83 Mil as of Nov. 2019. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Transnational Cannabis and its competitors.
Is Transnational Cannabis' Total Current Liabilities too high?
Transnational Cannabis' current Total Current Liabilities is $0.83 Mil.
How does Transnational Cannabis' Total Current Liabilities compare to CLSH and KAYS?
Transnational Cannabis' Total Current Liabilities of $0.83 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 Transnational Cannabis and its competitors. Transnational Cannabis's current Total Current Liabilities is $0.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational Cannabis stock overvalued right now?
Transnational Cannabis (TRCNF) has a current Total Current Liabilities of $0.83 Mil. The current Total Current Liabilities is $0.83 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 Transnational Cannabis (TRCNF), the current Total Current Liabilities is $0.83 Mil as of Nov. 2019. 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.

Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.