Vision Marine Technologies (Vision Marine Technologies) Total Current Liabilities : $3.72 Mil (As of Feb. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Vision Marine Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Vision Marine Technologies's total current liabilities for the quarter that ended in Feb. 2024 was $3.72

Vision Marine Technologies Total Current Liabilities Historical Data

The historical data trend for Vision Marine Technologies'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.

Vision Marine Technologies Total Current Liabilities Chart

Vision Marine Technologies Annual Data

Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23

Total Current Liabilities

Get a 7-Day Free Trial 1.10 1.44 2.14 2.23 3.60

Vision Marine Technologies Quarterly Data

Aug18 Feb19 Aug19 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 3.43 2.93 3.60 4.38 3.72

Vision Marine Technologies Total Current Liabilities Calculation

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

Vision Marine Technologies'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

= 1.302 + 0.797

+ Other Current Liabilities + Current Deferred Liabilities

= 0.152 + 1.347

= 3.60

Vision Marine Technologies'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

= 1.535 + 0.754

+ Other Current Liabilities + Current Deferred Liabilities

= 0.125 + 1.306

= 3.72

* 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

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

Vision Marine Technologies (Vision Marine Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vision Marine Technologies Inc (NAS:VMAR) » Definitions » Total Current Liabilities

Comparable Companies

REE VEEE MCOM FRZA EZGO FUV EVVL USLG LFEV TSX:DOO PII BC THO HOG LCII XPAR:TRI SHSE:603129 XSWX:PKTM WGO SHSE:603766

Traded in Other Exchanges

N/A

Address

730 Boulevard du Cure-Boivin, Boisbriand, Montreal, QC, CAN, J7G 2A7

Website

https://www.visionmarinetechnologies.com

Vision Marine Technologies Inc is in the business of designing and manufacturing electric outboard powertrain systems, power boats, and related technology and the renting of electric boats. The different models of the powerboats and electric boats manufactured by the company includes, Bruce 22, Fantail 217, Volt 180 and others. The company operates in two reportable business segments; Sale of electric boats and Rental of electric boats. The majority of the revenue for the company is generated from its Rental of electric boats segment. Geographically, the company generates revenue from its business in Canada, USA and other countries. A substantial portion of the overall revenue is generated from its business in USA.

Vision Marine Technologies (Vision Marine Technologies) Headlines

From GuruFocus

Vision Marine Technologies & Groupe Beneteau to Spotlight the Revolutionary H2e at IBEX 2023
By Marketwired • 09-27-2023

Vision Marine Technologies Teams Up with Three-Time World Boat Racing Champion Shaun Torrente to Break Speed Barriers at Lake of the Ozarks
By Marketwired • 08-21-2023

Vision Marine Technologies Inc. to raise approximately $2 million
By sperokesalga sperokesalga • 06-14-2023

Vision Marine Technologies Inc. Announces the Resignation of Mr. Renaud Cloutier from the Board
By GlobeNewswire GlobeNewswire • 01-31-2023

Vision Marine Technologies Inc. Announces Close of $3.0 Million Private Placement of Convertible Preferred Shares and Warrants with Investissement Qu�bec
By ACCESSWIRE • 01-18-2024

Vision Marine Technologies Inc. to raise approximately $2 million
By sperokesalga sperokesalga • 02-17-2023

Vision Marine Technologies Receives Initial E-Motion Propulsion System Purchase Order from Groupe Beneteau
By Value_Insider Value_Insider • 12-15-2022

Vision Marine Technologies to Attend the 35th Annual ROTH Capital Investor Conference in Dana Point, California, March 12-14, 2023
By sperokesalga sperokesalga • 02-28-2023

Vision Marine Technologies Inc. to raise approximately $1.6 million
By sperokesalga sperokesalga • 04-20-2023

Vision Marine Technologies Officially Announces Opening of Second Electric Boat Rental Operation in Portside Ventura, California
By sperokesalga sperokesalga • 03-02-2023

Vision Marine Technologies Quarterly Data
	Aug18	Feb19	Aug19	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															3.43	2.93	3.60	4.38	3.72

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	1.302	+	0.797
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0.152	+	1.347
	=	3.60