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Rainmaker Worldwide (Rainmaker Worldwide) Total Current Liabilities : $10.31 Mil (As of Mar. 2024)


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What is Rainmaker Worldwide Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Rainmaker Worldwide's total current liabilities for the quarter that ended in Mar. 2024 was $10.31

Rainmaker Worldwide Total Current Liabilities Historical Data

The historical data trend for Rainmaker Worldwide'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.

Rainmaker Worldwide Total Current Liabilities Chart

Rainmaker Worldwide Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.29 13.09 6.11 10.34 10.83

Rainmaker Worldwide Quarterly Data
Sep16 Dec16 Mar17 Jun17 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.51 10.58 10.61 10.83 10.31

Rainmaker Worldwide Total Current Liabilities Calculation

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

Rainmaker Worldwide'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
=1.976+4.108
+Other Current Liabilities+Current Deferred Liabilities
=4.631+0.113
=10.83

Rainmaker Worldwide'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
=0.986+4.34
+Other Current Liabilities+Current Deferred Liabilities
=4.866+0.113
=10.31

* 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

Rainmaker Worldwide Total Current Liabilities Related Terms

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Rainmaker Worldwide (Rainmaker Worldwide) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rainmaker Worldwide Inc (OTCPK:RAKR) » Definitions » Total Current Liabilities
Comparable Companies
MKULQ LQWC VLTO XBRU:UMI ZWS FSS TSE:6370 SZSE:300390 SHSE:600388 OSTO:MTRS SHSE:603279 ATMU HKSE:00586 TSE:6368 BOM:500214 SZSE:000544 TSE:7004 ERII PCT TSE:6013
Traded in Other Exchanges
N/A
Address
271 Brock Street, Peterborough, ON, CAN, K9H 2P8
Website
https://www.rainmakerww.com
Rainmaker Worldwide Inc is a cleantech company that is engaged in producing clean water. It provides innovative, environment-friendly water solutions to communities and businesses facing water scarcity. The company's sustainable technology features two product lines which include Air to water and water to water that have multiple applications. Air to Water harvests fresh water from humidity in the atmosphere. It is highly useful for islands, temporary vacation houses, and remote vacation houses, especially for hot conditions and limited water and has no risk of water-borne diseases. The Water to Water unit produces clean water from seawater, brackish water, or contaminated water sources. The company's products include WW-SO50 Solar Only Powered, AW-W100 Wind Powered, and others.