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Blender Bites (XCNQ:BITE) Total Current Liabilities : C$4.56 Mil (As of Jul. 2024)


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What is Blender Bites Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Blender Bites's total current liabilities for the quarter that ended in Jul. 2024 was C$4.56


Blender Bites Total Current Liabilities Historical Data

The historical data trend for Blender Bites'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.

Blender Bites Total Current Liabilities Chart

Blender Bites Annual Data
Trend Nov14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Oct21 Oct22 Oct23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.28 0.78 0.78 2.00

Blender Bites Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 2.09 2.00 1.67 3.61 4.56

Blender Bites Total Current Liabilities Calculation

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

Blender Bites's Total Current Liabilities for the fiscal year that ended in Oct. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.963+0.037
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.00

Blender Bites's Total Current Liabilities for the quarter that ended in Jul. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.475+2.038
+Other Current Liabilities+Current Deferred Liabilities
=0.051+0
=4.56

* 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


Blender Bites Total Current Liabilities Related Terms

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Blender Bites Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Blender Bites Ltd is functional foods company which is focused on the manufacturing and distribution of natural and organic frozen smoothie products. The Company is operating its business in one reportable segment: the sale of functional frozen beverages.
Executives
Geoffrey Balderson Senior Officer
Chelsie Hodge 10% Security Holder, Director
Patrick Morris Director
Nicole Lacson Senior Officer
Grant Stanley Smith Director