Lophos Holdings (XCNQ:MESC) Total Current Liabilities: C$2.42 Mil (As of Mar. 2024)

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What is Lophos Holdings Total Current Liabilities?

Lophos Holdings XCNQ:MESC Total Current Liabilities is C$2.42 Mil as of Mar. 2024.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lophos Holdings's total current liabilities for the quarter that ended in Mar. 2024 was C$2.42

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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

Lophos Holdings Total Current Liabilities Related Terms

Lophos Holdings Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Lophos Holdings'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.

Lophos Holdings Total Current Liabilities Chart

Lophos Holdings Annual Data
Trend Mar22 Mar23 Mar24
Total Current Liabilities
0.35 0.47 2.42

Lophos Holdings Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 0.47 0.62 0.58 2.42 2.42

Lophos Holdings Total Current Liabilities Calculation

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

Lophos Holdings's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.363+2.058
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.42

Lophos Holdings's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.363+2.058
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.42

* 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$2.42 Mil mean?
Lophos Holdings (XCNQ:MESC) has a Total Current Liabilities of C$2.42 Mil as of Mar. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Lophos Holdings and its competitors.
Is Lophos Holdings' Total Current Liabilities too high?
Lophos Holdings' current Total Current Liabilities is C$2.42 Mil.
How does Lophos Holdings' Total Current Liabilities compare to VRTX and REGN?
Lophos Holdings' Total Current Liabilities of C$2.42 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Total Current Liabilities depends on the Biotechnology 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 Lophos Holdings and its competitors. Lophos Holdings's current Total Current Liabilities is C$2.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lophos Holdings stock overvalued right now?
Lophos Holdings (XCNQ:MESC) has a current Total Current Liabilities of C$2.42 Mil. The current Total Current Liabilities is C$2.42 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 Lophos Holdings (XCNQ:MESC), the current Total Current Liabilities is C$2.42 Mil as of Mar. 2024. 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.

Lophos Holdings Business Description

Address 1111 Melville Street, Suite 620, Vancouver, BC, CAN, V6E 3V6
Lophos Holdings Inc is engaged in the y is the cultivation of peyote and the manufacture of Lophophora compounds, including Mescaline, as well as formulation of novel Lophophora-based compounds.