FGCO (Financial Gravity) Total Liabilities: $1.40 Mil (As of Jun. 2023)


FGCO Financial Gravity Companies Inc FGCO
34 GF Score
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What is Financial Gravity Total Liabilities?

Financial Gravity FGCO +24.88% 34 Total Liabilities is $1.40 Mil as of Jun. 2023. GuruFocus rates FGCO with a GF Score™ of 34/100.

Financial Gravity's Total Liabilities for the quarter that ended in Jun. 2023 was $1.40 Mil.

Financial Gravity's quarterly Total Liabilities increased from Sep. 2022 ($1.87 Mil) to Dec. 2022 ($1.89 Mil) but then declined from Dec. 2022 ($1.89 Mil) to Jun. 2023 ($1.40 Mil).

Financial Gravity's annual Total Liabilities declined from Sep. 2020 ($2.37 Mil) to Sep. 2021 ($2.31 Mil) and declined from Sep. 2021 ($2.31 Mil) to Sep. 2022 ($1.87 Mil).

Financial Gravity Total Liabilities Historical Data

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The historical data trend for Financial Gravity's Total 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.

Financial Gravity Total Liabilities Chart

Financial Gravity Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 0.52 2.37 2.31 1.87

Financial Gravity Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
Total 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 2.16 2.10 1.87 1.89 1.40
FGCO
34GF Score
Financial Gravity Companies Inc FGCO
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Financial Gravity Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Financial Gravity's Total Liabilities for the fiscal year that ended in Sep. 2022 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1.66+(0.208+1.942890293094E-16
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1.87

Total Liabilities=Total Assets (A: Sep. 2022 )-Total Equity (A: Sep. 2022 )
=3.91-2.042
=1.87

Financial Gravity's Total Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1.223+(0.172+-5.5511151231258E-17
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1.40

Total Liabilities=Total Assets (Q: Jun. 2023 )-Total Equity (Q: Jun. 2023 )
=3.928-2.533
=1.40

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $1.40 Mil mean?
Financial Gravity (FGCO) has a Total Liabilities of $1.40 Mil as of Jun. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Financial Gravity and its competitors.
Is Financial Gravity's Total Liabilities too high?
Financial Gravity's current Total Liabilities is $1.40 Mil. Overall, Financial Gravity has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Financial Gravity's Total Liabilities compare to VOYA?
Financial Gravity's Total Liabilities of $1.40 Mil can be compared against companies in the Diversified Financial 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 Liabilities for a Diversified Financial Services company?
A good Total Liabilities depends on the Diversified Financial Services industry context. However, Total 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Financial Gravity and its competitors. Financial Gravity's current Total Liabilities is $1.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Financial Gravity stock overvalued right now?
Financial Gravity (FGCO) has a current Total Liabilities of $1.40 Mil. The current Total Liabilities is $1.40 Mil. Financial Gravity's overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Financial Gravity (FGCO), the current Total Liabilities is $1.40 Mil as of Jun. 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.

Financial Gravity Business Description

Address 2501 Ranch Road 620 South, Suite 110, Lakeway, TX, USA, 78734
Financial Gravity Companies Inc through its subsidiaries, helps investment advisors and tax professionals expand their businesses by adding additional services, including their own multi-family office. Financial services professionals are able to leverage Financial Gravity systems, technology, proprietary resources, and deep domain expertise to provide a comprehensive financial service experience to their clients that spans proactive tax planning, retirement and estate planning, wealth management, and risk mitigation. The company's operating segments include FGCO, Forta, FGAM, FGFOS, FGIS, FGEM, and TMN.
34GF Score

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Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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