Innovative Eyewear (Innovative Eyewear) Total Liabilities : $0.91 Mil (As of Mar. 2024)

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What is Innovative Eyewear Total Liabilities?

Innovative Eyewear's Total Liabilities for the quarter that ended in Mar. 2024 was $0.91 Mil.

Innovative Eyewear's quarterly Total Liabilities increased from Sep. 2023 ($0.47 Mil) to Dec. 2023 ($0.66 Mil) and increased from Dec. 2023 ($0.66 Mil) to Mar. 2024 ($0.91 Mil).

Innovative Eyewear's annual Total Liabilities increased from Dec. 2021 ($0.62 Mil) to Dec. 2022 ($0.67 Mil) but then declined from Dec. 2022 ($0.67 Mil) to Dec. 2023 ($0.66 Mil).

Innovative Eyewear Total Liabilities Historical Data

The historical data trend for Innovative Eyewear'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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Innovative Eyewear Total Liabilities Chart

Innovative Eyewear Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

0.48

0.77

0.62

0.67

0.66

Innovative Eyewear Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial											0.56	0.39	0.47	0.66	0.91

Innovative Eyewear 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.

Innovative Eyewear'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
	=	0.624	+	(0	+	0.001
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0.035	+	0)
	=	0.66

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	6.219	-	5.559
	=	0.66

Innovative Eyewear'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
	=	0.883	+	(0	+	2.4286128663675E-17
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0.028	+	0)
	=	0.91

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	4.813	-	3.902
	=	0.91

Innovative Eyewear Total Liabilities Related Terms

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Innovative Eyewear (Innovative Eyewear) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Innovative Eyewear Inc (NAS:LUCY) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

11900 Biscayne Boulevard, Suite 630, North Miami, FL, USA, 33138

Website

https://www.lucyd.co

Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products Lucyd Lyte glasses enable the wearer to listen to music, take and make calls, and use voice assistants to perform many common smartphone tasks hands-free.

Executives

Olivia C. Bartlett	director	11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Louis Castro	director	11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Konrad Dabrowski	officer: Chief Financial Officer	11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Kristen Mclaughlin	director	11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
Harrison R. Gross	director, officer: Chief Executive Officer	11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33131
Frank Rescigna	director	8101 BISCAYNE BLVD., SUITE 705, MIAMI FL 33138
Lucyd Ltd.	10 percent owner	11900 BISCAYNE BLVD., SUITE 630, MIAMI FL 33181
David Eric Cohen	officer: Chief Technology Officer	11900 BISCAYNE BLVD., SUITE 705630, MIAMI FL 33131