VGFCQ (The Very Good Food Co) Total Current Liabilities: $13.93 Mil (As of Sep. 2022)


VGFCQ The Very Good Food Co Inc VGFCQ
12 GF Score
Price $0.01
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What is The Very Good Food Co Total Current Liabilities?

The Very Good Food Co VGFCQ -99.98% 12 Total Current Liabilities is $13.93 Mil as of Sep. 2022. GuruFocus rates VGFCQ with a GF Score™ of 12/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. The Very Good Food Co's total current liabilities for the quarter that ended in Sep. 2022 was $13.93

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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

The Very Good Food Co Total Current Liabilities Related Terms

The Very Good Food Co Total Current Liabilities Historical Data

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The historical data trend for The Very Good Food Co'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.

The Very Good Food Co Total Current Liabilities Chart

The Very Good Food Co Annual Data
Trend Dec19 Dec20 Dec21
Total Current Liabilities
0.56 1.66 12.45

The Very Good Food Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 8.47 12.45 10.08 21.77 13.93
VGFCQ
12GF Score
The Very Good Food Co Inc VGFCQ
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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The Very Good Food Co Total Current Liabilities Calculation

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

The Very Good Food Co's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.335+2.186
+Other Current Liabilities+Current Deferred Liabilities
=3.899+0.025
=12.45

The Very Good Food Co's Total Current Liabilities for the quarter that ended in Sep. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.496+6.375
+Other Current Liabilities+Current Deferred Liabilities
=5.054+0.009
=13.93

* 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 $13.93 Mil mean?
The Very Good Food Co (VGFCQ) has a Total Current Liabilities of $13.93 Mil as of Sep. 2022. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for The Very Good Food Co and its competitors.
Is The Very Good Food Co's Total Current Liabilities too high?
The Very Good Food Co's current Total Current Liabilities is $13.93 Mil. Overall, The Very Good Food Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Very Good Food Co's Total Current Liabilities compare to KHC and GIS?
The Very Good Food Co's Total Current Liabilities of $13.93 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Current Liabilities depends on the Consumer Packaged Goods 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 The Very Good Food Co and its competitors. The Very Good Food Co's current Total Current Liabilities is $13.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Very Good Food Co stock overvalued right now?
The Very Good Food Co (VGFCQ) has a current Total Current Liabilities of $13.93 Mil. The current Total Current Liabilities is $13.93 Mil. The Very Good Food Co's overall GF Score™ is 12/100. 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 The Very Good Food Co (VGFCQ), the current Total Current Liabilities is $13.93 Mil as of Sep. 2022. 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.

The Very Good Food Co Business Description

Address 2748 Rupert Street, Vancouver, BC, CAN, M4W 3P4
The Very Good Food Co Inc operates in the food industry. The company is a food technology company that designs, develops, produces, distributes, and sells a variety of plant-based meat and other food alternatives.
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Total Current Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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