MCRAB (McRae Industries) Total Liabilities: $8.6 Mil (As of Jul. 2023)

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MCRAB McRae Industries Inc MCRAB
12 GF Score
Price $47.00
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What is McRae Industries Total Liabilities?

McRae Industries MCRAB 12 Total Liabilities is $8.6 Mil as of Jul. 2023. GuruFocus rates MCRAB with a GF Score™ of 12/100.

McRae Industries's Total Liabilities for the quarter that ended in Jul. 2023 was $8.6 Mil.

McRae Industries's quarterly Total Liabilities increased from Jul. 2021 ($0.00 Mil) to Jul. 2022 ($9.80 Mil) but then declined from Jul. 2022 ($9.80 Mil) to Jul. 2023 ($8.55 Mil).

McRae Industries's annual Total Liabilities increased from Jul. 2021 ($0.00 Mil) to Jul. 2022 ($9.80 Mil) but then declined from Jul. 2022 ($9.80 Mil) to Jul. 2023 ($8.55 Mil).

McRae Industries Total Liabilities Historical Data

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The historical data trend for McRae 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.

McRae Industries Total Liabilities Chart

McRae Industries Annual Data
Trend Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.40 6.02 0.00 9.80 8.55

McRae Industries Semi-Annual Data
Jul89 Jul90 Jul91 Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
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 15.40 6.02 0.00 9.80 8.55
MCRAB
12GF Score
McRae Industries Inc MCRAB
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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McRae 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.

McRae Industries's Total Liabilities for the fiscal year that ended in Jul. 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
=6.505+(1.933+-3.4694469519536E-16
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0.114+0+0)
=8.6

Total Liabilities=Total Assets (A: Jul. 2023 )-Total Equity (A: Jul. 2023 )
=95.469-86.917
=8.6

McRae Industries's Total Liabilities for the quarter that ended in Jul. 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
=6.505+(1.933+-3.4694469519536E-16
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0.114+0+0)
=8.6

Total Liabilities=Total Assets (Q: Jul. 2023 )-Total Equity (Q: Jul. 2023 )
=95.469-86.917
=8.6

* 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 $8.6 Mil mean?
McRae Industries (MCRAB) has a Total Liabilities of $8.6 Mil as of Jul. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for McRae Industries and its competitors.
Is McRae Industries' Total Liabilities too high?
McRae Industries' current Total Liabilities is $8.6 Mil. Overall, McRae Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does McRae Industries' Total Liabilities compare to RCKY and DBI?
McRae Industries' Total Liabilities of $8.6 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Total Liabilities depends on the Manufacturing - Apparel & Accessories 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 McRae Industries and its competitors. McRae Industries's current Total Liabilities is $8.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McRae Industries stock overvalued right now?
McRae Industries (MCRAB) has a current Total Liabilities of $8.6 Mil. The current Total Liabilities is $8.6 Mil. McRae Industries' overall GF Score™ is 12/100. 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 McRae Industries (MCRAB), the current Total Liabilities is $8.6 Mil as of Jul. 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.

McRae Industries Business Description

Address 400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306
McRae Industries Inc operates in the footwear industry. It is engaged in the manufacturing, sales, and distribution of boot products targeted to the western lifestyle and work boot markets. The company also manufactures military combat boots for the U.S. Government and operates other smaller businesses. It has a wholly owned subsidiary that designs, markets, and distributes men's, women's, and children's footwear under the following brands: Dan Post, Laredo Western Boots, Dingo, and McRae Footwear.
12GF 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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