Optec International (Optec International) Total Liabilities : $5.55 Mil (As of Dec. 2018)

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What is Optec International Total Liabilities?

Optec International's Total Liabilities for the quarter that ended in Dec. 2018 was $5.55 Mil.

Optec International's quarterly Total Liabilities increased from Jun. 2018 ($1.77 Mil) to Sep. 2018 ($3.15 Mil) and increased from Sep. 2018 ($3.15 Mil) to Dec. 2018 ($5.55 Mil).

Optec International's annual Total Liabilities increased from Jun. 2015 ($0.00 Mil) to Jun. 2016 ($0.01 Mil) and increased from Jun. 2016 ($0.01 Mil) to Jun. 2017 ($0.01 Mil).

Optec International Total Liabilities Historical Data

The historical data trend for Optec International'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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Optec International Total Liabilities Chart

Optec International Annual Data

Trend

Jun15

Jun16

Jun17

Total Liabilities

0.01

Optec International Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Total Liabilities	Get a 7-Day Free Trial												0.58	1.01	1.77	3.15	5.55

Optec International 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.

Optec International's Total Liabilities for the fiscal year that ended in Jun. 2017 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.007	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.01

Total Liabilities	=	Total Assets (A: Jun. 2017 )	-	Total Equity (A: Jun. 2017 )
	=	0.018	-	0.011
	=	0.01

Optec International's Total Liabilities for the quarter that ended in Dec. 2018 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	5.546	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	5.55

Total Liabilities	=	Total Assets (Q: Dec. 2018 )	-	Total Equity (Q: Dec. 2018 )
	=	1.083	-	-4.462
	=	5.55

Optec International Total Liabilities Related Terms

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Optec International (Optec International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Optec International Inc (OTCPK:OPTI) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1385 Park Center Drive, Vista, CA, USA, 92081

Website

https://www.optecintl.com

Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.