GURUFOCUS.COM » STOCK LIST » Technology » Software » LZG International Inc (OTCPK:LZGI) » Definitions » Total Current Liabilities

LZG International (LZG International) Total Current Liabilities : $22.97 Mil (As of Feb. 2023)


View and export this data going back to 2012. Start your Free Trial

What is LZG International Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. LZG International's total current liabilities for the quarter that ended in Feb. 2023 was $22.97


LZG International Total Current Liabilities Historical Data

The historical data trend for LZG International'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.

LZG International Total Current Liabilities Chart

LZG International Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.19 0.22 0.25 3.15

LZG International Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
Total Current 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 0.36 3.15 17.89 36.06 22.97

LZG International Total Current Liabilities Calculation

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

LZG International's Total Current Liabilities for the fiscal year that ended in May. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.064+3
+Other Current Liabilities+Current Deferred Liabilities
=0+0.086
=3.15

LZG International's Total Current Liabilities for the quarter that ended in Feb. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7.992+10.348
+Other Current Liabilities+Current Deferred Liabilities
=2.127+2.505
=22.97

* 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


LZG International Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of LZG International's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


LZG International (LZG International) Business Description

Traded in Other Exchanges
N/A
Address
135 West 41st Street, Suite 5-104, New York, NY, USA, 10036
LZG International Inc is a AI Solutions company empowering 500M-strong star enterprises of tomorrow (aka mSMEs) to grow, innovate, and drive the majority of the global economy.
Executives
Michael T. Moe director C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Peter Benjamin Ritz director, 10 percent owner, officer: Chief Executive Officer 2157 SOUTH LINCOLN STREET, SALT LAKE CITY UT 84106
Rajarshi Das 10 percent owner, other: CDS & MD of Al App 7 WAMPUS AVENUE, ARMONK NY 10504
Shawn R. Carey officer: Chief Operating Officer 1156 N NEW STREET, WEST CHESTER PA 19382
First Equity Holdings Corp 10 percent owner 2157 S LINCOLN ST, SALT LAKE CITY UT 84106
Greg L Popp director, officer: President 455 EAST 400 SOUTH, SUITE #5, SALT LAKE CITY UT 84111

LZG International (LZG International) Headlines