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North Bud Farms (XCNQ:NBUD) Total Current Liabilities : C$1.29 Mil (As of Aug. 2019)


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What is North Bud Farms Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. North Bud Farms's total current liabilities for the quarter that ended in Aug. 2019 was C$1.29

North Bud Farms Total Current Liabilities Historical Data

The historical data trend for North Bud Farms'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.

North Bud Farms Total Current Liabilities Chart

North Bud Farms Annual Data
Trend Nov17 Nov18
Total Current Liabilities
- 1.01

North Bud Farms Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 0.34 1.01 0.40 0.56 1.29

North Bud Farms Total Current Liabilities Calculation

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

North Bud Farms's Total Current Liabilities for the fiscal year that ended in Nov. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.008+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.01

North Bud Farms's Total Current Liabilities for the quarter that ended in Aug. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.29+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.29

* 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

North Bud Farms Total Current Liabilities Related Terms

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North Bud Farms (XCNQ:NBUD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » North Bud Farms Inc (XCNQ:NBUD) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Website
http://www.northbud.com
North Bud Farms Inc owns a state-of-the-art purpose-built cannabis production facility located on approximately 135 acres of agricultural land in Low, Quebec, Canada. The Low, Quebec facility currently has approximately 24,500 square feet of licensed indoor cultivation space; the company has submitted its licence amendment application to Health Canada to add an additional approximately 1,000,000 square feet of outdoor cultivation space.
Executives
Ryan Brown Director, Senior Officer
André Audet Director, Senior Officer
Kosta Kostic Senior Officer

North Bud Farms (XCNQ:NBUD) Headlines

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