SMFL (Smart for Life) Total Liabilities: $26.05 Mil (As of Dec. 2023)


What is Smart for Life Total Liabilities?

Smart for Life SMFL Total Liabilities is $26.05 Mil as of Dec. 2023.

Smart for Life's Total Liabilities for the quarter that ended in Dec. 2023 was $26.05 Mil.

Smart for Life's quarterly Total Liabilities increased from Jun. 2023 ($22.45 Mil) to Sep. 2023 ($24.59 Mil) and increased from Sep. 2023 ($24.59 Mil) to Dec. 2023 ($26.05 Mil).

Smart for Life's annual Total Liabilities increased from Dec. 2021 ($28.70 Mil) to Dec. 2022 ($31.51 Mil) but then declined from Dec. 2022 ($31.51 Mil) to Dec. 2023 ($26.05 Mil).

Smart for Life Total Liabilities Historical Data

* Premium members only.

The historical data trend for Smart for Life'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.

Smart for Life Total Liabilities Chart

Smart for Life Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Liabilities
6.45 9.02 28.70 31.51 26.05

Smart for Life Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 31.51 34.15 22.45 24.59 26.05

Smart for Life 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.

Smart for Life's Total Liabilities for the fiscal year that ended in Dec. 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
=22.056+(3.549+0.442
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=26.05

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=19.659--6.387
=26.05

Smart for Life's Total Liabilities for the quarter that ended in Dec. 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
=22.056+(3.549+0.442
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=26.05

Total Liabilities=Total Assets (Q: Dec. 2023 )-Total Equity (Q: Dec. 2023 )
=19.659--6.387
=26.05

* 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 $26.05 Mil mean?
Smart for Life (SMFL) has a Total Liabilities of $26.05 Mil as of Dec. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Smart for Life and its competitors.
Is Smart for Life's Total Liabilities too high?
Smart for Life's current Total Liabilities is $26.05 Mil.
How does Smart for Life's Total Liabilities compare to RIBT and KHC?
Smart for Life's Total Liabilities of $26.05 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Liabilities depends on the Consumer Packaged Goods 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 Smart for Life and its competitors. Smart for Life's current Total Liabilities is $26.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart for Life stock overvalued right now?
Smart for Life (SMFL) has a current Total Liabilities of $26.05 Mil. The current Total Liabilities is $26.05 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 Smart for Life (SMFL), the current Total Liabilities is $26.05 Mil as of Dec. 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.

Smart for Life Business Description

Address 990 Biscayne Boulevard, Suite 505, Miami, FL, USA, 33132
Smart for Life Inc is engaged in the development, marketing, manufacturing, acquisition, operation and sale of a broad spectrum of nutritional and related products with an emphasis on health and wellness. It generates revenues by manufacturing and packaging nutraceutical products as a contract manufacturer for customers.