GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Unique Logistics International Inc (OTCPK:UNQL) » Definitions » Total Current Liabilities

Unique Logistics International (Unique Logistics International) Total Current Liabilities : $52.0 Mil (As of Feb. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Unique Logistics 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. Unique Logistics International's total current liabilities for the quarter that ended in Feb. 2024 was $52.0

Unique Logistics International Total Current Liabilities Historical Data

The historical data trend for Unique Logistics 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.

Unique Logistics International Total Current Liabilities Chart

Unique Logistics International Annual Data
Trend May20 May21 May22 May23
Total Current Liabilities
25.83 55.93 104.37 52.45

Unique Logistics International Quarterly Data
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 72.20 52.45 53.19 45.93 51.96

Unique Logistics 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.

Unique Logistics International's Total Current Liabilities for the fiscal year that ended in May. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=37.217+15.231
+Other Current Liabilities+Current Deferred Liabilities
=0.00099999999999767+0
=52.4

Unique Logistics International'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
=36.311+15.651
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=52.0

* 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

Unique Logistics International Total Current Liabilities Related Terms

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

Unique Logistics International (Unique Logistics International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Unique Logistics International Inc (OTCPK:UNQL) » Definitions » Total Current Liabilities
Comparable Companies
NVGT ATXG SGLY PDPTF JANL UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD HKSE:01519 CHRW TSE:9143 HKSE:02618 SHSE:600233 GXO
Traded in Other Exchanges
N/A
Address
154-09, 146th Avenue, Jamaica, NY, USA, 11434
Website
https://www.unique-logistics.com
Unique Logistics International Inc is a logistics and freight forwarding company. Its services include Air Freight, Ocean Freight, Customs Brokerage, Insurance, Domestic Distribution, and DDP and Fiscal Representation. Geographically, it derives a majority of its revenue from China, Hong Kong and Taiwan.
Executives
Migdalia Diaz officer: Chief Operating Officer 3722 CASTEEL PARK DRIVE, MARIETTA GA 30064
Sunandan Ray director, officer: Chief Executive Officer 320 SOUTHDOWN ROAD, LLYOD HARBOR NY 11743
Lee Patrick Man Bun director UNIT 05-06, 3/F, ENTERPRISE SQUARE, 9 SHEUNG YUET RD, KOWLOON BAY, KOWLOON K3 1703
David S. Briones director C/O PETRO RIVER OIL COMPANY, 1980 POST OAK BLVD., SUITE 2020, HOUSTON TX 77056
Sterling C. Barton 10 percent owner 823 SOUTH SIXTH STREET, SUITE 100, LAS VEGAS NV 89101
Keith S. Barton 10 percent owner 488 MADISON AVENUE, SUITE 1100, NEW YORK NY 10022
Gcnd, Inc. 10 percent owner C/O GARY WOLF ESQ., 488 MADISON AVE., STE. 1100, NEW YORK NY 10022

Unique Logistics International (Unique Logistics International) Headlines

From GuruFocus

Unique Logistics International Adds HP Inc. As New Customer With Major Air Freight Contract

By PRNewswire PRNewswire • 05-24-2021

UNIQUE Logistics International, Inc., Affirms Unwavering Commitment to Environmental, Social, and Governance (ESG) Principles in Inaugural ESG Report

By PRNewswire • 01-17-2024

Unique Logistics Enters Definitive Agreement to Acquire Operating Subsidiaries and Affiliates of Former Parent Company

By PRNewswire PRNewswire • 05-04-2022

Unique Logistics International, Inc. Announces Filing Of May 31, 2020 Audited And Pro Forma Financial Statements

By PRNewswire PRNewswire • 01-26-2021

Unique Logistics International Announces Agreement with Debt Holders to Recapitalize Balance Sheet, Eliminating All Convertible Notes and Warrants

By PRNewswire PRNewswire • 12-14-2021

Cathay Pacific Airways Returns to Pittsburgh with Freight Forwarder Unique Logistics, Boosting International Cargo Service to PIT

By PRNewswire PRNewswire • 08-02-2021

Unique Logistics International Announces Agreement for Extension to Purchase Asia-Pacific Logistics Assets

By PRNewswire PRNewswire • 06-24-2021

Unique Logistics International Reports Second Quarter Fiscal 2021 Earnings (Quarter ending November 30, 2020 and the six months ending November 30, 2020)

By PRNewswire PRNewswire • 02-08-2021

Unique Logistics Announces the Hiring of Migdalia Diaz as Chief Operating Officer

By PRNewswire PRNewswire • 04-27-2022

Unique Logistics International Reports Financial Results for Fiscal 2023 Highlighted by 134% Growth in Net Income

By PRNewswire • 09-19-2023