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iFabric (TSX:IFA) Total Current Liabilities : C$2.63 Mil (As of Jun. 2023)


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What is iFabric Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. iFabric's total current liabilities for the quarter that ended in Jun. 2023 was C$2.63

iFabric Total Current Liabilities Historical Data

The historical data trend for iFabric'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.

iFabric Total Current Liabilities Chart

iFabric Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 1.32 2.24 7.52 4.80

iFabric Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 5.79 3.99 4.36 3.07 2.63

iFabric Total Current Liabilities Calculation

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

iFabric's Total Current Liabilities for the fiscal year that ended in Sep. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.178+1.246
+Other Current Liabilities+Current Deferred Liabilities
=8.8817841970013E-16+0.377
=4.80

iFabric's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.453+1.097
+Other Current Liabilities+Current Deferred Liabilities
=4.4408920985006E-16+0.082
=2.63

* 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

iFabric Total Current Liabilities Related Terms

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iFabric (TSX:IFA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » iFabric Corp (TSX:IFA) » Definitions » Total Current Liabilities
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TSX:UNI OSTO:HM B MIL:MONC RL LEVI WAR:LPP PVH HKSE:03998 TSX:GIL SHSE:600398 VFC SHSE:600177 COLM BOM:532827 TPE:1476 XTER:BOSS KTB NSE:ABFRL ZGN TPE:1477
Traded in Other Exchanges
IFABF:USA
Address
525 Denison Street, Unit 1, Markham, ON, CAN, L3R 1B8
Website
https://www.ifabriccorp.com
iFabric Corp is engaged in the business of women's intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women's intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties. Its geographical segments include Canada, United States, United Kingdom, and Southeast Asia & others. The company derives the majority of its revenue from the Intimate apparel segment and its geographical location of Canada.
Executives
Mark Cochran Director

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