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Great Canadian Gaming (TSX:GC) Total Current Liabilities : C$153.2 Mil (As of Jun. 2021)


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What is Great Canadian Gaming Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Great Canadian Gaming's total current liabilities for the quarter that ended in Jun. 2021 was C$153.2


Great Canadian Gaming Total Current Liabilities Historical Data

The historical data trend for Great Canadian Gaming'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.

Great Canadian Gaming Total Current Liabilities Chart

Great Canadian Gaming Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.50 99.00 231.30 282.00 187.10

Great Canadian Gaming Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 193.70 201.10 187.10 159.80 153.20

Great Canadian Gaming Total Current Liabilities Calculation

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

Great Canadian Gaming's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=144.9+36.8
+Other Current Liabilities+Current Deferred Liabilities
=5.4+0
=187.1

Great Canadian Gaming's Total Current Liabilities for the quarter that ended in Jun. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=111.9+37.1
+Other Current Liabilities+Current Deferred Liabilities
=4.2+0
=153.2

* 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


Great Canadian Gaming Total Current Liabilities Related Terms

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Great Canadian Gaming (TSX:GC) Business Description

Traded in Other Exchanges
N/A
Address
39 Wynford Drive, North York, ON, CAN, M3C 3K5
Great Canadian Gaming Corp is a gambling, entertainment, and hospitality company that operates throughout Canada. The company's operations are divided into three segments based on geography: Ontario, British Columbia, and Atlantic. The company generates over half of its revenue from the Ontario region. Great Canadian Gaming Corp offerings include casinos with slot machines, table games, and food and beverage; outdoor horse racing tracks; and hotels, community gaming spots, and related hospitality facilities.
Executives
Walter Soo Senior Officer
Jacqueline Irene Gorton Senior Officer

Great Canadian Gaming (TSX:GC) Headlines

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