Jacksam (Jacksam) Total Current Liabilities : $5.63 Mil (As of Mar. 2024)

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What is Jacksam Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Jacksam's total current liabilities for the quarter that ended in Mar. 2024 was $5.63

Jacksam Total Current Liabilities Historical Data

The historical data trend for Jacksam's Total Current 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.

* Premium members only.

Jacksam Total Current Liabilities Chart

Jacksam Annual Data

Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

Get a 7-Day Free Trial 5.41 6.68 4.69 5.04 5.12

Jacksam Quarterly Data

Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24

Total Current Liabilities Get a 7-Day Free Trial 4.75 6.73 5.81 5.12 5.63

Jacksam Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Jacksam's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 3.059 + 1.154

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0.902

= 5.12

Jacksam's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 2.95 + 1.853

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0.826

= 5.63

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Jacksam Total Current Liabilities Related Terms
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Jacksam (Jacksam) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jacksam Corp (OTCPK:JKSM) » Definitions » Total Current Liabilities

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BRBL BONL ATVK BBRW CVAT JCSE PRPI XTER:SIE XPAR:SU ETN OSTO:ATCO A ITW PH EMR XKRX:373220 AME OTIS CMI IR XYL

Traded in Other Exchanges

N/A

Address

3100 Airway Avenue, Suite 138, Costa Mesa, CA, USA, 92626

Website

http://www.jacksamcorp.com

Jacksam Corp is a technology company focused on developing and commercializing products utilizing a proprietary technology platform. The company services the medical cannabis, hemp and CBD segments of the larger e-cigarette and vaporizer markets with oil vaporizer focused products. It offers capping, vaporizer cartridge filling, and automation systems. The company's product line consists of the 710 Shark cartridge filling machine, the 710 Captain cartridge capping machine, the PreRoll-ER automated pre-roll & cone filling machine, and cartridges. The Company derives revenues from the sale of machines and non-machine products.

Executives

Daniel Lee Davis 10 percent owner 31 ARBOR WALK LN, RANCHO SANTA MARGARITA CA 92688

Theodore Winston director 394 HAMMOND STREET, CHESTNUT HILL MA 02467

Hagen Donald Robert Jr director 15 CORN FLOWER ST, COTO DE CAZA CA 92679

Scott Wessler director 5 BOARDWALK, NEWPORT BEACH CA 92660

Michael Sakala officer: CFO & Secretary 21662 OCEAN VISTA DR, APT C, LAGUNA BEACH CA 92651

Mark Adams director, officer: CEO 4440 VON KARMAN AVENUE, SUITE 220, NEWPORT BEACH CA 92660

Yanhong Deng director ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026

Xiangyang Liu director ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026

Beijing Hua Hui Hengye Investement Ltd. 10 percent owner PINE VALLEY CENTER, 11TH FLOOR, 8 JIANGGUO MEN OUTER STREET, BEIJING J0 100022

Redrock Capital Venture Ltd. 10 percent owner ORIENTAL PLAZA BLDG W3 12TH FL, EAST CHANG'AN AVE DONGCHENG DISTRICT, BEIJING F4 100738

Carla Zhou officer: Chief Financial Officer ORIENTAL PLAZA, 1 EAST CHANG'AN AVE,, DONGCHENGDISTRICT, BEIJING F4 100738

Zengjie Chen 10 percent owner NO. 16 ROOM 402, E MEI ROAD 366, HONGKOU DISTRICT, SHANGHAI F4 00000

Union Max Enterprises Ltd 10 percent owner 16F A BUSINESS OFFICE E. AREA OF CENTURY, GOLDEN RESOURCES HOTEL NO. 69 BANJING RD, HAIDIAN DISTRICT, BE F4 100097

Her Village Ltd 10 percent owner 8/F, CRAWFORD TOWER, 99 JERVOIS STREET SHEUNG WAN, HONG KONG K3 100738

Professional Offshore Opportunity Fund, Ltd. 10 percent owner 1400 OLD COUNTRY ROAD, SUITE 206, WESTBURY NY 11590

Jacksam (Jacksam) Headlines

From GuruFocus

Jacksam Corporation dba Convectium Announces Fiscal 2021 Second Quarter Results Highlighted by 162% Y/Y Growth
By PRNewswire PRNewswire • 08-12-2021

Jacksam Corporation dba Convectium Continues Strong Growth Trajectory And Announces Fiscal 2021 Third Quarter Results Highlighted By 165% Y/Y Growth And Operating Profitability
By PRNewswire PRNewswire • 11-12-2021

Jacksam/Convectium Corp to Present at 31st Annual ROTH Investor Conference
By PRNewswire PRNewswire • 03-14-2019

Jacksam Corporation Reports First Quarter 2022 Revenue of $1.8 Million with Positive EBITDA and Net Income
By ACCESSWIRE ACCESSWIRE • 05-17-2022

Jacksam/Convectium Corp announces the appointment of Robert Hagen to the Board of Directors
By PRNewswire PRNewswire • 04-10-2019

Jacksam Corporation dba Convectium Further Diversifies into Flower and Enters the Infused Pre-Roll Market
By PRNewswire PRNewswire • 10-20-2021

Jacksam (OTCMKTS: JKSM) CEO Provides Company Update
By PRNewswire PRNewswire • 03-08-2019

Jacksam Corporation DBA Convectium Announces Strong First Quarter Results With Sales Of $1.78m, Increasing 171% Y/Y And 40% Q/Q. Restructuring Efforts Taken Over Past Year Also Led To First Ever Quarter Of Operating Profitability
By PRNewswire PRNewswire • 05-13-2021

Jacksam Coporation dba Convectium Announces Commitment For Up To $1.5 Million Equity Investment From Triton Funds
By PRNewswire PRNewswire • 06-30-2021

Jacksam Corporation DBA Convectium and Emerald Scientific Announce Exclusive Distribution Agreement for all Convectium Products and Services
By PRNewswire PRNewswire • 02-28-2022

Jacksam Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Liabilities	Get a 7-Day Free Trial															4.75	6.73	5.81	5.12	5.63

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	3.059	+	1.154
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0	+	0.902
	=	5.12

Daniel Lee Davis	10 percent owner	31 ARBOR WALK LN, RANCHO SANTA MARGARITA CA 92688
Theodore Winston	director	394 HAMMOND STREET, CHESTNUT HILL MA 02467
Hagen Donald Robert Jr	director	15 CORN FLOWER ST, COTO DE CAZA CA 92679
Scott Wessler	director	5 BOARDWALK, NEWPORT BEACH CA 92660
Michael Sakala	officer: CFO & Secretary	21662 OCEAN VISTA DR, APT C, LAGUNA BEACH CA 92651
Mark Adams	director, officer: CEO	4440 VON KARMAN AVENUE, SUITE 220, NEWPORT BEACH CA 92660
Yanhong Deng	director	ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026
Xiangyang Liu	director	ROOM 600, N. TUANJIEHU STREET, CHAOYANG DISTRICT, BEIJING F4 100026
Beijing Hua Hui Hengye Investement Ltd.	10 percent owner	PINE VALLEY CENTER, 11TH FLOOR, 8 JIANGGUO MEN OUTER STREET, BEIJING J0 100022
Redrock Capital Venture Ltd.	10 percent owner	ORIENTAL PLAZA BLDG W3 12TH FL, EAST CHANG'AN AVE DONGCHENG DISTRICT, BEIJING F4 100738
Carla Zhou	officer: Chief Financial Officer	ORIENTAL PLAZA, 1 EAST CHANG'AN AVE,, DONGCHENGDISTRICT, BEIJING F4 100738
Zengjie Chen	10 percent owner	NO. 16 ROOM 402, E MEI ROAD 366, HONGKOU DISTRICT, SHANGHAI F4 00000
Union Max Enterprises Ltd	10 percent owner	16F A BUSINESS OFFICE E. AREA OF CENTURY, GOLDEN RESOURCES HOTEL NO. 69 BANJING RD, HAIDIAN DISTRICT, BE F4 100097
Her Village Ltd	10 percent owner	8/F, CRAWFORD TOWER, 99 JERVOIS STREET SHEUNG WAN, HONG KONG K3 100738
Professional Offshore Opportunity Fund, Ltd.	10 percent owner	1400 OLD COUNTRY ROAD, SUITE 206, WESTBURY NY 11590