Innerscope Hearing Technologies (Innerscope Hearing Technologies) Total Liabilities : $12.04 Mil (As of Dec. 2020)

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What is Innerscope Hearing Technologies Total Liabilities?

Innerscope Hearing Technologies's Total Liabilities for the quarter that ended in Dec. 2020 was $12.04 Mil.

Innerscope Hearing Technologies's quarterly Total Liabilities increased from Jun. 2020 ($12.04 Mil) to Sep. 2020 ($12.41 Mil) but then declined from Sep. 2020 ($12.41 Mil) to Dec. 2020 ($12.04 Mil).

Innerscope Hearing Technologies's annual Total Liabilities increased from Dec. 2018 ($4.65 Mil) to Dec. 2019 ($9.72 Mil) and increased from Dec. 2019 ($9.72 Mil) to Dec. 2020 ($12.04 Mil).

Innerscope Hearing Technologies Total Liabilities Historical Data

The historical data trend for Innerscope Hearing Technologies'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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Innerscope Hearing Technologies Total Liabilities Chart

Innerscope Hearing Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Liabilities

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0.42

2.98

4.65

9.72

12.04

Innerscope Hearing Technologies Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Total Liabilities	Get a 7-Day Free Trial															9.72	14.84	12.04	12.41	12.04

Innerscope Hearing Technologies 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.

Innerscope Hearing Technologies's Total Liabilities for the fiscal year that ended in Dec. 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
	=	10.419	+	(1.617	+	-8.8817841970013E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	12.04

Total Liabilities	=	Total Assets (A: Dec. 2020 )	-	Total Equity (A: Dec. 2020 )
	=	1.683	-	-10.353
	=	12.04

Innerscope Hearing Technologies's Total Liabilities for the quarter that ended in Dec. 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
	=	10.419	+	(1.617	+	-8.8817841970013E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	12.04

Total Liabilities	=	Total Assets (Q: Dec. 2020 )	-	Total Equity (Q: Dec. 2020 )
	=	1.683	-	-10.353
	=	12.04

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Innerscope Hearing Technologies (Innerscope Hearing Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Innerscope Hearing Technologies Inc (OTCPK:INND) » Definitions » Total Liabilities

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Traded in Other Exchanges

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Address

2151 Professional Drive, Second Floor, Roseville, CA, USA, 95661

Website

https://www.innd.com

Innerscope Hearing Technologies Inc is a manufacturer and a DTC distributor/retailer of FDA-registered hearing aids, personal sound amplifier products, hearing-related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus. It also owns and operates audiological and retail hearing device clinics and plans to continue to open and acquire additional clinics. The company operates retail hearing device clinics in California.