TBLT (ToughBuilt Industries) Total Liabilities: $61.51 Mil (As of Dec. 2023)


TBLT ToughBuilt Industries Inc TBLT
12 GF Score
Price $0.15
View Full Analysis

What is ToughBuilt Industries Total Liabilities?

ToughBuilt Industries TBLT +149,900.00% 12 Total Liabilities is $61.51 Mil as of Dec. 2023. GuruFocus rates TBLT with a GF Score™ of 12/100.

ToughBuilt Industries's Total Liabilities for the quarter that ended in Dec. 2023 was $61.51 Mil.

ToughBuilt Industries's quarterly Total Liabilities increased from Jun. 2023 ($51.06 Mil) to Sep. 2023 ($56.26 Mil) and increased from Sep. 2023 ($56.26 Mil) to Dec. 2023 ($61.51 Mil).

ToughBuilt Industries's annual Total Liabilities increased from Dec. 2021 ($21.06 Mil) to Dec. 2022 ($54.21 Mil) and increased from Dec. 2022 ($54.21 Mil) to Dec. 2023 ($61.51 Mil).

ToughBuilt Industries Total Liabilities Historical Data

* Premium members only.

The historical data trend for ToughBuilt 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.

ToughBuilt Industries Total Liabilities Chart

ToughBuilt Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Liabilities
Get a 7-Day Free Trial 7.24 8.15 21.06 54.21 61.51

ToughBuilt Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.21 52.36 51.06 56.26 61.51
TBLT
12GF Score
ToughBuilt Industries Inc TBLT
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ToughBuilt 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.

ToughBuilt Industries'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
=60.124+(1.388+-0.00099999999999945
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=61.51

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=51.79--9.721
=61.51

ToughBuilt Industries'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
=60.124+(1.388+-0.00099999999999945
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=61.51

Total Liabilities=Total Assets (Q: Dec. 2023 )-Total Equity (Q: Dec. 2023 )
=51.79--9.721
=61.51

* 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 $61.51 Mil mean?
ToughBuilt Industries (TBLT) has a Total Liabilities of $61.51 Mil as of Dec. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for ToughBuilt Industries and its competitors.
Is ToughBuilt Industries' Total Liabilities too high?
ToughBuilt Industries' current Total Liabilities is $61.51 Mil. Overall, ToughBuilt Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does ToughBuilt Industries' Total Liabilities compare to CVR and SNA?
ToughBuilt Industries' Total Liabilities of $61.51 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Total Liabilities depends on the Industrial Products 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 ToughBuilt Industries and its competitors. ToughBuilt Industries's current Total Liabilities is $61.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ToughBuilt Industries stock overvalued right now?
ToughBuilt Industries (TBLT) has a current Total Liabilities of $61.51 Mil. The current Total Liabilities is $61.51 Mil. ToughBuilt 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 ToughBuilt Industries (TBLT), the current Total Liabilities is $61.51 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.

ToughBuilt Industries Business Description

Address 8669 Research Drive, Irvine, CA, USA, 92618
ToughBuilt Industries Inc designs and distributes home improvement and construction product lines under the brand name TOUGHBUILT. Its primary categories contain a total of approximately 22 product lines, consisting of Soft Goods, which include kneepads, tool bags, pouches, and tool belts; Metal Goods, which consist of sawhorses, tool stands, and workbench and; Utility Products, which include utility knives, aviation snips, shears, lasers and levels. Geographically, the group derives revenue from Canada, Europe, USA, and other countries, of which prime revenue is derived from the USA.
12GF Score

Get the complete analysis for TBLT

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.15
Price