VXIT (VirExit Technologies) Total Liabilities: $3.08 Mil (As of May. 2019)


What is VirExit Technologies Total Liabilities?

VirExit Technologies VXIT Total Liabilities is $3.08 Mil as of May. 2019.

VirExit Technologies's Total Liabilities for the quarter that ended in May. 2019 was $3.08 Mil.

VirExit Technologies's quarterly Total Liabilities declined from Nov. 2018 ($3.08 Mil) to Feb. 2019 ($3.03 Mil) but then increased from Feb. 2019 ($3.03 Mil) to May. 2019 ($3.08 Mil).

VirExit Technologies's annual Total Liabilities increased from Aug. 2016 ($1.12 Mil) to Aug. 2017 ($1.63 Mil) and increased from Aug. 2017 ($1.63 Mil) to Aug. 2018 ($2.83 Mil).

VirExit Technologies Total Liabilities Historical Data

* Premium members only.

The historical data trend for VirExit Technologies'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.

VirExit Technologies Total Liabilities Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Total Liabilities
0.01 0.43 1.12 1.63 2.83

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 2.46 2.83 3.08 3.03 3.08

VirExit Technologies 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.

VirExit Technologies's Total Liabilities for the fiscal year that ended in Aug. 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
=2.825+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=2.83

Total Liabilities=Total Assets (A: Aug. 2018 )-Total Equity (A: Aug. 2018 )
=0.014--2.811
=2.83

VirExit Technologies's Total Liabilities for the quarter that ended in May. 2019 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3.08+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=3.08

Total Liabilities=Total Assets (Q: May. 2019 )-Total Equity (Q: May. 2019 )
=0.049--3.03
=3.08

* 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 $3.08 Mil mean?
VirExit Technologies (VXIT) has a Total Liabilities of $3.08 Mil as of May. 2019. The total amount of liabilities as recorded on a company's balance sheet. View historical data for VirExit Technologies and its competitors.
Is VirExit Technologies' Total Liabilities too high?
VirExit Technologies' current Total Liabilities is $3.08 Mil.
How does VirExit Technologies' Total Liabilities compare to RIHT and GEQU?
VirExit Technologies' Total Liabilities of $3.08 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Total Liabilities depends on the Utilities - Independent Power Producers 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 VirExit Technologies and its competitors. VirExit Technologies's current Total Liabilities is $3.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) has a current Total Liabilities of $3.08 Mil. The current Total Liabilities is $3.08 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 VirExit Technologies (VXIT), the current Total Liabilities is $3.08 Mil as of May. 2019. 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.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.