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BlockchainK2 (TSXV:BITK) Total Current Liabilities : C$1.25 Mil (As of Dec. 2024)


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What is BlockchainK2 Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. BlockchainK2's total current liabilities for the quarter that ended in Dec. 2024 was C$1.25


BlockchainK2 Total Current Liabilities Historical Data

The historical data trend for BlockchainK2'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.

BlockchainK2 Total Current Liabilities Chart

BlockchainK2 Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.30 0.89 0.79 1.21

BlockchainK2 Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.83 0.89 1.35 1.21 1.25

BlockchainK2 Total Current Liabilities Calculation

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

BlockchainK2's Total Current Liabilities for the fiscal year that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.179+0.029
+Other Current Liabilities+Current Deferred Liabilities
=-0.00099999999999989+0
=1.21

BlockchainK2's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.214+0.031
+Other Current Liabilities+Current Deferred Liabilities
=2.2204460492503E-16+0
=1.25

* 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


BlockchainK2 Total Current Liabilities Related Terms

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BlockchainK2 Business Description

Traded in Other Exchanges
Address
400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C3N6
BlockchainK2 Corp currently operates as a holding company that invests in blockchain technology solutions for capital markets and other sectors. The company has invested in separate ventures: Amplify Games Inc, iRecover Inc, and Envexergy Inc. The company also holds an interest in Sobe Organics Inc, which is an omnichannel platform that distributes a broad line of CBD-infused products. The company operates in the following segments: Investing in blockchain technology solutions for capital markets and other sectors, Sale of health and beauty products - operated by Sobe Organics, Digital game distribution - operated by Amplify, and Addiction recovery platform services - operated by iRecover. It generates key revenue from the Investment platform and advisory services.
Executives
Sergei Stetsenko Director, Senior Officer
Steven Sangha Director
Andri Stytsenko Director

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