GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Goodfood Market Corp (TSX:FOOD) » Definitions » Total Current Liabilities

Goodfood Market (TSX:FOOD) Total Current Liabilities : C$25.9 Mil (As of Feb. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Goodfood Market Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Goodfood Market's total current liabilities for the quarter that ended in Feb. 2024 was C$25.9

Goodfood Market Total Current Liabilities Historical Data

The historical data trend for Goodfood Market'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.

Goodfood Market Total Current Liabilities Chart

Goodfood Market Annual Data
Trend Dec15 Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 39.47 58.98 63.40 52.82 29.00

Goodfood Market Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 32.89 31.31 29.00 29.19 25.94

Goodfood Market Total Current Liabilities Calculation

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

Goodfood Market's Total Current Liabilities for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=17.993+6.898
+Other Current Liabilities+Current Deferred Liabilities
=0+4.105
=29.0

Goodfood Market's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=17.108+4.778
+Other Current Liabilities+Current Deferred Liabilities
=0+4.05
=25.9

* 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

Goodfood Market Total Current Liabilities Related Terms

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

Goodfood Market (TSX:FOOD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Goodfood Market Corp (TSX:FOOD) » Definitions » Total Current Liabilities
Comparable Companies
TSXV:WOLF TSXV:MNLX ROL SCI HRB BFAM TSX:BYD FTDR MCW HKSE:01448 LSE:CVSG ASX:IVC MED OHEL:MUSTI XTER:CWC WW HKSE:01830 LSE:XPS ROCO:5530 TSX:PLC
Traded in Other Exchanges
GDDFF:USA 76O:Germany
Address
4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Website
https://www.makegoodfood.ca
Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.
Executives
Roslane Aouameur Senior Officer
Neil Cuggy 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Jonathan Ferrari 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer

Goodfood Market (TSX:FOOD) Headlines

No Headlines