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Pangea Natural Foods (XCNQ:PNGA) Total Current Liabilities : C$0.78 Mil (As of Jan. 2025)


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What is Pangea Natural Foods Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Pangea Natural Foods's total current liabilities for the quarter that ended in Jan. 2025 was C$0.78

Pangea Natural Foods Total Current Liabilities Historical Data

The historical data trend for Pangea Natural Foods'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.

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Pangea Natural Foods Total Current Liabilities Chart

Pangea Natural Foods Annual Data
Trend Oct21 Oct22 Oct23 Oct24
Total Current Liabilities
0.12 0.28 0.33 0.73

Pangea Natural Foods Quarterly Data
Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.39 0.44 0.73 0.78

Pangea Natural Foods Total Current Liabilities Calculation

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

Pangea Natural Foods's Total Current Liabilities for the fiscal year that ended in Oct. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.715+0.018
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.73

Pangea Natural Foods's Total Current Liabilities for the quarter that ended in Jan. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.761+0.021
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.78

* 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

Pangea Natural Foods Total Current Liabilities Related Terms

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Pangea Natural Foods Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pangea Natural Foods Inc (XCNQ:PNGA) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
PNGAF:USA
Address
8035 - 130th Street, Surrey, BC, CAN, V3W 0H7
Website
https://www.pangeafood.com
Pangea Natural Foods Inc engages in the production and sale of plant-based patties. Pangea manufactures the plant-based patties at the Facility in the Vancouver lower mainland and sells the patties through multiple distribution channels including online sales platforms and retailers. The food products are nutritious and free of GMO ingredients, fillers, antibiotics, hormones, and bioengineered ingredients. The company currently has one reportable operating segment, the manufacturing and distribution of food products in Canada.
Executives
Pratapvir Sandhu Director
Tegpal Singh Khaira 10% Security Holder

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