MAXD (Max Sound) Total Liabilities: $14.28 Mil (As of Jun. 2022)


What is Max Sound Total Liabilities?

Max Sound MAXD -90.00% Total Liabilities is $14.28 Mil as of Jun. 2022.

Max Sound's Total Liabilities for the quarter that ended in Jun. 2022 was $14.28 Mil.

Max Sound's quarterly Total Liabilities increased from Dec. 2021 ($13.77 Mil) to Mar. 2022 ($14.15 Mil) and increased from Mar. 2022 ($14.15 Mil) to Jun. 2022 ($14.28 Mil).

Max Sound's annual Total Liabilities increased from Dec. 2019 ($11.16 Mil) to Dec. 2020 ($12.65 Mil) and increased from Dec. 2020 ($12.65 Mil) to Dec. 2021 ($13.77 Mil).

Max Sound Total Liabilities Historical Data

* Premium members only.

The historical data trend for Max Sound'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.

Max Sound Total Liabilities Chart

Max Sound Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.50 23.29 11.16 12.65 13.77

Max Sound Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 13.05 13.41 13.77 14.15 14.28

Max Sound 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.

Max Sound's Total Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=13.768+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=13.77

Total Liabilities=Total Assets (A: Dec. 2021 )-Total Equity (A: Dec. 2021 )
=N/A--13.768
=N/A

Max Sound's Total Liabilities for the quarter that ended in Jun. 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
=14.275+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=14.28

Total Liabilities=Total Assets (Q: Jun. 2022 )-Total Equity (Q: Jun. 2022 )
=N/A--14.275
=N/A

* 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 $14.28 Mil mean?
Max Sound (MAXD) has a Total Liabilities of $14.28 Mil as of Jun. 2022. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Max Sound and its competitors.
Is Max Sound's Total Liabilities too high?
Max Sound's current Total Liabilities is $14.28 Mil.
How does Max Sound's Total Liabilities compare to ABQQ and IWSY?
Max Sound's Total Liabilities of $14.28 Mil can be compared against companies in the Software 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 Software company?
A good Total Liabilities depends on the Software 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 Max Sound and its competitors. Max Sound's current Total Liabilities is $14.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Sound stock overvalued right now?
Max Sound (MAXD) has a current Total Liabilities of $14.28 Mil. The current Total Liabilities is $14.28 Mil. 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 Max Sound (MAXD), the current Total Liabilities is $14.28 Mil as of Jun. 2022. 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.

Max Sound Business Description

Address 3525 Del Mar Heights Road, No. 802, San Diego, CA, USA, 92130
Max Sound Corp sells, and licenses products and services based on its patent MAX-D HD Audio Technology for sound recording and playback that improves the listener's experience. The MAXD-D HD Audio Technology converts audio files into high definition sound without increasing the file size. Its products and services are provided to various markets including motion picture, music recording, video game, broadcasting, internet video and audio, automobile infotainment systems, and consumer electronics. The company derives its revenue by licensing its MAX-D technology.