AdRabbit (TSXV:RABI.H) Total Current Liabilities: C$1.42 Mil (As of Sep. 2023)

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What is AdRabbit Total Current Liabilities?

AdRabbit TSXV:RABI.H Total Current Liabilities is C$1.42 Mil as of Sep. 2023.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AdRabbit's total current liabilities for the quarter that ended in Sep. 2023 was C$1.42

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

AdRabbit Total Current Liabilities Related Terms

AdRabbit Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for AdRabbit'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.

AdRabbit Total Current Liabilities Chart

AdRabbit Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
0.39 1.55 1.10 2.84 1.25

AdRabbit Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.87 1.25 1.41 1.28 1.42

AdRabbit Total Current Liabilities Calculation

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

AdRabbit's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.947+0
+Other Current Liabilities+Current Deferred Liabilities
=0.303+0
=1.25

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.75+0.396
+Other Current Liabilities+Current Deferred Liabilities
=0.276+0
=1.42

* 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 C$1.42 Mil mean?
AdRabbit (TSXV:RABI.H) has a Total Current Liabilities of C$1.42 Mil as of Sep. 2023. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for AdRabbit and its competitors.
Is AdRabbit's Total Current Liabilities too high?
AdRabbit's current Total Current Liabilities is C$1.42 Mil.
How does AdRabbit's Total Current Liabilities compare to CRM and INTU?
AdRabbit's Total Current Liabilities of C$1.42 Mil can be compared against companies in the Software 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 Software company?
A good Total Current Liabilities depends on the Software 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 AdRabbit and its competitors. AdRabbit's current Total Current Liabilities is C$1.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AdRabbit stock overvalued right now?
AdRabbit (TSXV:RABI.H) has a current Total Current Liabilities of C$1.42 Mil. The current Total Current Liabilities is C$1.42 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 AdRabbit (TSXV:RABI.H), the current Total Current Liabilities is C$1.42 Mil as of Sep. 2023. 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.

AdRabbit Business Description

Address c/o Automic Group, 126 Philip Street, Level 5, Perth, WA, AUS, 2000
AdRabbit Ltd provides an easy and inexpensive SaaS solution that allows small-to-medium businesses to create and manage their own mobile application as a means of connecting with their customers and growing their business. The Company's main product offerings allow SMBs to automate the creation and management of apps and digital marketing campaigns for their businesses. Its technology has automated the design, development, maintenance, and marketing of mobile apps, allowing any business to build, preview and launch their own application without having any code writing or digital marketing knowledge.