GSRX Industries (GSRX Industries) Total Liabilities : $3.00 Mil (As of Sep. 2020)

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What is GSRX Industries Total Liabilities?

GSRX Industries's Total Liabilities for the quarter that ended in Sep. 2020 was $3.00 Mil.

GSRX Industries's quarterly Total Liabilities declined from Mar. 2020 ($3.40 Mil) to Jun. 2020 ($2.22 Mil) but then increased from Jun. 2020 ($2.22 Mil) to Sep. 2020 ($3.00 Mil).

GSRX Industries's annual Total Liabilities increased from Dec. 2017 ($0.22 Mil) to Dec. 2018 ($0.73 Mil) and increased from Dec. 2018 ($0.73 Mil) to Dec. 2019 ($3.59 Mil).

GSRX Industries Total Liabilities Historical Data

The historical data trend for GSRX Industries'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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GSRX Industries Total Liabilities Chart

GSRX Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Liabilities

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0.53

0.62

0.22

0.73

3.59

GSRX Industries Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Total Liabilities	Get a 7-Day Free Trial															3.56	3.59	3.40	2.22	3.00

GSRX Industries 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.

GSRX Industries's Total Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	1.834	+	(1.751	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	3.59

Total Liabilities	=	Total Assets (A: Dec. 2019 )	-	Total Equity (A: Dec. 2019 )
	=	8.047	-	4.461
	=	3.59

GSRX Industries's Total Liabilities for the quarter that ended in Sep. 2020 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	1.913	+	(1.09	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	3.00

Total Liabilities	=	Total Assets (Q: Sep. 2020 )	-	Total Equity (Q: Sep. 2020 )
	=	5.585	-	2.582
	=	3.00

GSRX Industries Total Liabilities Related Terms

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GSRX Industries (GSRX Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GSRX Industries Inc (OTCPK:GSRX) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 3, int. Jose Efron Avenue, P.R. 606, Dorado, PRI, 00646

Website

http://www.greenspiritrx.com

GSRX Industries Inc is a vertically integrated retail, production, and cultivation firm which provides unique medical and adult-use cannabis products. The dispensaries are located in Puerto Rico and California. The company generates revenue by selling medical cannabis, edibles, and paraphernalia, including, oils, lotions, THC pills, vaporizers, rigs, grinders, t-shirts, hats, logo items, and bongs and pipes with a vaporizer. Its geographical segments include California, Tennessee, Texas, and Puerto Rico, out of which a vast majority is generated from Puerto Rico.

Executives

Geoffrey Alison	director, officer: President and Secretary	122 OCEAN PARK BLVD., SUITE 307, SANTA MONICA CA 90405
Fountainhead Capital Management Ltd	10 percent owner	PORTMAN HOUSE HUE STREET, ST HELIER, JERSEY CHANNEL ISLANDS X0 JE45RP
Henry C. Casden	director, officer: CEO	74090 EL PASEO SUITE 205 PALM DESERT CA 92260