1606 (CBDW) Total Liabilities : $1.75 Mil (As of Mar. 2024)

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What is 1606 Total Liabilities?

1606's Total Liabilities for the quarter that ended in Mar. 2024 was $1.75 Mil.

1606's quarterly Total Liabilities increased from Sep. 2023 ($1.37 Mil) to Dec. 2023 ($1.56 Mil) and increased from Dec. 2023 ($1.56 Mil) to Mar. 2024 ($1.75 Mil).

1606's annual Total Liabilities increased from Dec. 2021 ($0.26 Mil) to Dec. 2022 ($0.83 Mil) and increased from Dec. 2022 ($0.83 Mil) to Dec. 2023 ($1.56 Mil).

1606 Total Liabilities Historical Data

The historical data trend for 1606's Total 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.

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1606 Total Liabilities Chart

1606 Annual Data

Trend

Dec21

Dec22

Dec23

Total Liabilities

0.26

0.83

1.56

1606 Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial					0.84	0.87	1.37	1.56	1.75

1606 Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

1606's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.613	+	(0.951	+	-0.001
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	1.56

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	0.148	-	-1.415
	=	1.56

1606's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.733	+	(1.021	+	-0.00099999999999989
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	1.75

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	0.142	-	-1.611
	=	1.75

1606 Total Liabilities Related Terms

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1606 (CBDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » 1606 Corp (OTCPK:CBDW) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

2425 E. Camelback Road, Suite 150, Phoenix, AZ, USA, 85016

Website

https://cbd.inc

1606 Corp offers nicotine-free and tobacco-free alternatives to traditional cigarettes and vaping products. Its products are manufactured with a blend of all-natural ingredients to provide smokers aged 21+ an alternative to traditional cigarettes that do not contain nicotine or tobacco and promote health benefits such as pain management, reduced anxiety, and enhance wakefulness. Smokable hemp is a Company Product That is an alternative for customers that currently smoke or want to quit smoking nicotine.