SpotLite360 IOT Solutions (XCNQ:LITE) Total Current Liabilities: C$1.02 Mil (As of Sep. 2023)

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What is SpotLite360 IOT Solutions Total Current Liabilities?

SpotLite360 IOT Solutions XCNQ:LITE Total Current Liabilities is C$1.02 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. SpotLite360 IOT Solutions's total current liabilities for the quarter that ended in Sep. 2023 was C$1.02

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

SpotLite360 IOT Solutions Total Current Liabilities Related Terms

SpotLite360 IOT Solutions Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for SpotLite360 IOT Solutions'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.

SpotLite360 IOT Solutions Total Current Liabilities Chart

SpotLite360 IOT Solutions Annual Data
Trend Dec20 Dec21 Dec22
Total Current Liabilities
0.12 1.03 2.91

SpotLite360 IOT Solutions Quarterly Data
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 1.27 2.91 0.77 0.90 1.02

SpotLite360 IOT Solutions Total Current Liabilities Calculation

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

SpotLite360 IOT Solutions'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
=1.073+0.074
+Other Current Liabilities+Current Deferred Liabilities
=1.766+0
=2.91

SpotLite360 IOT Solutions'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
=0.946+0.072
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.02

* 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$1.02 Mil mean?
SpotLite360 IOT Solutions (XCNQ:LITE) has a Total Current Liabilities of C$1.02 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 SpotLite360 IOT Solutions and its competitors.
Is SpotLite360 IOT Solutions' Total Current Liabilities too high?
SpotLite360 IOT Solutions' current Total Current Liabilities is C$1.02 Mil.
How does SpotLite360 IOT Solutions' Total Current Liabilities compare to GEHC and VEEV?
SpotLite360 IOT Solutions' Total Current Liabilities of C$1.02 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Total Current Liabilities depends on the Healthcare Providers & Services 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 SpotLite360 IOT Solutions and its competitors. SpotLite360 IOT Solutions's current Total Current Liabilities is C$1.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpotLite360 IOT Solutions stock overvalued right now?
SpotLite360 IOT Solutions (XCNQ:LITE) has a current Total Current Liabilities of C$1.02 Mil. The current Total Current Liabilities is C$1.02 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 SpotLite360 IOT Solutions (XCNQ:LITE), the current Total Current Liabilities is C$1.02 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.

SpotLite360 IOT Solutions Business Description

Address 789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
SpotLite360 IOT Solutions Inc is a supply chain and healthcare company focused on the delivery of a SaaS-based supply chain execution and sustainability platform for enterprise customers in the pharmaceutical, healthcare, and agricultural industries. Its Spotlite360 Software meets the customer needs for supply chain execution, tracing, tracking, and sustainability.