Legible (XCNQ:READ) Total Liabilities : C$3.11 Mil (As of Dec. 2023)

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What is Legible Total Liabilities?

Legible's Total Liabilities for the quarter that ended in Dec. 2023 was C$3.11 Mil.

Legible's quarterly Total Liabilities declined from Mar. 2023 (C$3.94 Mil) to Sep. 2023 (C$2.64 Mil) but then increased from Sep. 2023 (C$2.64 Mil) to Dec. 2023 (C$3.11 Mil).

Legible's annual Total Liabilities increased from Jun. 2021 (C$0.32 Mil) to Dec. 2022 (C$3.99 Mil) but then declined from Dec. 2022 (C$3.99 Mil) to Dec. 2023 (C$3.11 Mil).

Legible Total Liabilities Historical Data

The historical data trend for Legible'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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Legible Total Liabilities Chart

Legible Annual Data

Trend

Jun20

Jun21

Dec22

Dec23

Total Liabilities

0.20

0.32

3.99

3.11

Legible Quarterly Data
	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Liabilities	Get a 7-Day Free Trial									4.57	3.99	3.94	2.64	3.11

Legible 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.

Legible'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
	=	3.008	+	(0.1	+	8.3266726846887E-17
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	3.11

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	0.141	-	-2.967
	=	3.11

Legible'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
	=	3.008	+	(0.1	+	8.3266726846887E-17
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	3.11

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	0.141	-	-2.967
	=	3.11

Legible Total Liabilities Related Terms

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Legible (XCNQ:READ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Legible Inc (XCNQ:READ) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

LEBGF:USA D0T:Germany

Address

2230 Ontario Street, Vancouver, BC, CAN, V5T 2X2

Website

https://www.legible.com/about

Legible Inc is a book entertainment and media company. The Company has developed two high-value verticals; firstly, a browser first accessible B2C eBook entertainment platform for the emerging web with high-growth potential called legible.com - an eBook entertainment platform delivering beautiful, accessible & immersive reading for next-generation readers; and secondly, a B2B eBook conversion and production service with high-revenue potential called Legible Publishing.

Executives

Angela Jean Doll

Senior Officer

Legible (XCNQ:READ) Headlines

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