GECSF (Global Education Communities) Total Liabilities : $244.07 Mil (As of Aug. 2024)

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What is Global Education Communities Total Liabilities?

Global Education Communities's Total Liabilities for the quarter that ended in Aug. 2024 was $244.07 Mil.

Global Education Communities's quarterly Total Liabilities increased from Feb. 2024 ($232.35 Mil) to May. 2024 ($233.80 Mil) and increased from May. 2024 ($233.80 Mil) to Aug. 2024 ($244.07 Mil).

Global Education Communities's annual Total Liabilities increased from Aug. 2022 ($244.41 Mil) to Aug. 2023 ($248.22 Mil) but then declined from Aug. 2023 ($248.22 Mil) to Aug. 2024 ($244.07 Mil).

Global Education Communities Total Liabilities Historical Data

The historical data trend for Global Education Communities'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.

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Global Education Communities Total Liabilities Chart

Global Education Communities Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Total Liabilities

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205.75

250.38

244.41

248.22

244.07

Global Education Communities Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Liabilities	Get a 7-Day Free Trial															248.22	216.27	232.35	233.80	244.07

Global Education Communities 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.

Global Education Communities's Total Liabilities for the fiscal year that ended in Aug. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	92.304	+	(145.033	+	-0.00099999999999145
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	6.735	+	0)
	=	244.07

Total Liabilities	=	Total Assets (A: Aug. 2024 )	-	Total Equity (A: Aug. 2024 )
	=	348.012	-	103.941
	=	244.07

Global Education Communities's Total Liabilities for the quarter that ended in Aug. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	92.304	+	(145.033	+	-0.00099999999999145
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	6.735	+	0)
	=	244.07

Total Liabilities	=	Total Assets (Q: Aug. 2024 )	-	Total Equity (Q: Aug. 2024 )
	=	348.012	-	103.941
	=	244.07

Global Education Communities Total Liabilities Related Terms

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Global Education Communities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Global Education Communities Corp (OTCPK:GECSF) » Definitions » Total Liabilities

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GEC:Canada

Address

777 West Broadway, Suite 1200, Vancouver, BC, CAN, V5Z 4J7

Website

https://www.gechq.com

Global Education Communities Corp is an educational and student-housing real estate company. Its business operations include education, media communications, revenue-producing properties, and real estate development. The company currently has five main business units, namely Sprott Shaw College Corp. (SSCC), Sprott Shaw Language College (SSLC), including Vancouver International College (VIC), CIBT School of Business & Technology (CIBT), IRIX Design Group Inc. (IRIX) and Global Education City Holdings Inc. (GECH). The majority of the company's revenue is generated from its Sprott Shaw College Corp. (SSCC) unit.