GURUFOCUS.COM » STOCK LIST » Technology » Software » NetCents Technology Inc (XCNQ:NC) » Definitions » Total Current Liabilities

NetCents Technology (XCNQ:NC) Total Current Liabilities : C$6.05 Mil (As of Jul. 2020)


View and export this data going back to 2016. Start your Free Trial

What is NetCents Technology Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. NetCents Technology's total current liabilities for the quarter that ended in Jul. 2020 was C$6.05


NetCents Technology Total Current Liabilities Historical Data

The historical data trend for NetCents Technology'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.

NetCents Technology Total Current Liabilities Chart

NetCents Technology Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19
Total Current Liabilities
0.74 1.38 2.03 7.28 6.36

NetCents Technology Quarterly Data
Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20
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 3.20 6.36 6.52 6.99 6.05

NetCents Technology Total Current Liabilities Calculation

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

NetCents Technology's Total Current Liabilities for the fiscal year that ended in Oct. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.729+0.031
+Other Current Liabilities+Current Deferred Liabilities
=3.341+1.256
=6.36

NetCents Technology's Total Current Liabilities for the quarter that ended in Jul. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.891+0.651
+Other Current Liabilities+Current Deferred Liabilities
=3.342+1.162
=6.05

* 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


NetCents Technology Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of NetCents Technology's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


NetCents Technology (XCNQ:NC) Business Description

Traded in Other Exchanges
N/A
Address
350-375 Water Street, Vancouver, BC, CAN, V6B 5C6
NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.

NetCents Technology (XCNQ:NC) Headlines

From GuruFocus

NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND

By PRNewswire PRNewswire 06-07-2022

NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND

By PRNewswire PRNewswire 11-08-2022

NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND

By PRNewswire PRNewswire 07-07-2022

NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND

By PRNewswire 08-24-2023

NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND

By PRNewswire PRNewswire 05-28-2022

NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND

By PRNewswire PRNewswire 02-22-2023