THCT (THC Therapeutics) Total Liabilities: $3.81 Mil (As of Jul. 2024)

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What is THC Therapeutics Total Liabilities?

THC Therapeutics THCT Total Liabilities is $3.81 Mil as of Jul. 2024.

THC Therapeutics's Total Liabilities for the quarter that ended in Jul. 2024 was $3.81 Mil.

THC Therapeutics's quarterly Total Liabilities declined from Jan. 2024 ($3.91 Mil) to Apr. 2024 ($3.53 Mil) but then increased from Apr. 2024 ($3.53 Mil) to Jul. 2024 ($3.81 Mil).

THC Therapeutics's annual Total Liabilities increased from Jul. 2022 ($3.32 Mil) to Jul. 2023 ($3.32 Mil) and increased from Jul. 2023 ($3.32 Mil) to Jul. 2024 ($3.81 Mil).

THC Therapeutics Total Liabilities Historical Data

* Premium members only.

The historical data trend for THC Therapeutics'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.

THC Therapeutics Total Liabilities Chart

THC Therapeutics Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 2.96 3.32 3.32 3.81

THC Therapeutics Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 3.32 3.38 3.91 3.53 3.81

THC Therapeutics 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.

THC Therapeutics's Total Liabilities for the fiscal year that ended in Jul. 2024 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3.812+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=3.81

Total Liabilities=Total Assets (A: Jul. 2024 )-Total Equity (A: Jul. 2024 )
=0.011--3.802
=3.81

THC Therapeutics's Total Liabilities for the quarter that ended in Jul. 2024 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3.812+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=3.81

Total Liabilities=Total Assets (Q: Jul. 2024 )-Total Equity (Q: Jul. 2024 )
=0.011--3.802
=3.81

* 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 $3.81 Mil mean?
THC Therapeutics (THCT) has a Total Liabilities of $3.81 Mil as of Jul. 2024. The total amount of liabilities as recorded on a company's balance sheet. View historical data for THC Therapeutics and its competitors.
Is THC Therapeutics' Total Liabilities too high?
THC Therapeutics' current Total Liabilities is $3.81 Mil.
How does THC Therapeutics' Total Liabilities compare to ZTS and UTHR?
THC Therapeutics' Total Liabilities of $3.81 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Liabilities depends on the Drug Manufacturers 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 THC Therapeutics and its competitors. THC Therapeutics's current Total Liabilities is $3.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THC Therapeutics stock overvalued right now?
THC Therapeutics (THCT) has a current Total Liabilities of $3.81 Mil. The current Total Liabilities is $3.81 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 THC Therapeutics (THCT), the current Total Liabilities is $3.81 Mil as of Jul. 2024. 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.

THC Therapeutics Business Description

Address 203 S Church Steet, Jacksboro, TX, USA, 76458
Website https://thct.io
THC Therapeutics Inc is a United States-based company. It is focused on developing a sanitizing herb dryer, the dHydronator, which has been specifically designed for the drying and sanitizing i.e., reducing the bacterial count of freshly harvested cannabis, and other herbs, flowers, and tea leaves. The main function of the dHydronator is to accelerate the drying time of an herb while sanitizing it. The dHydronator can be used to dry a variety of herbs, and it has been specifically tested for use with cannabis.