CubicFarm Systems (CubicFarm Systems) Total Liabilities : $27.54 Mil (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is CubicFarm Systems Total Liabilities?

CubicFarm Systems's Total Liabilities for the quarter that ended in Sep. 2023 was $27.54 Mil.

CubicFarm Systems's quarterly Total Liabilities declined from Mar. 2023 ($25.87 Mil) to Jun. 2023 ($23.90 Mil) but then increased from Jun. 2023 ($23.90 Mil) to Sep. 2023 ($27.54 Mil).

CubicFarm Systems's annual Total Liabilities increased from Jun. 2020 ($4.99 Mil) to Dec. 2021 ($10.61 Mil) and increased from Dec. 2021 ($10.61 Mil) to Dec. 2022 ($24.84 Mil).

CubicFarm Systems Total Liabilities Historical Data

The historical data trend for CubicFarm Systems'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.

* Premium members only.

CubicFarm Systems Total Liabilities Chart

CubicFarm Systems Annual Data

Trend

Jun18

Jun19

Jun20

Dec21

Dec22

Total Liabilities

0.87

2.96

4.99

10.61

24.84

CubicFarm Systems Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Liabilities	Get a 7-Day Free Trial															23.94	24.84	25.87	23.90	27.54

CubicFarm Systems 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.

CubicFarm Systems's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	16.743	+	(8.006	+	0.092000000000002
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	24.84

Total Liabilities	=	Total Assets (A: Dec. 2022 )	-	Total Equity (A: Dec. 2022 )
	=	17.503	-	-7.338
	=	24.84

CubicFarm Systems's Total Liabilities for the quarter that ended in Sep. 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
	=	17.339	+	(10.118	+	0.082000000000003
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	27.54

Total Liabilities	=	Total Assets (Q: Sep. 2023 )	-	Total Equity (Q: Sep. 2023 )
	=	13.947	-	-13.592
	=	27.54

CubicFarm Systems Total Liabilities Related Terms

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

CubicFarm Systems (CubicFarm Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CubicFarm Systems Corp (OTCPK:CUBXF) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

CUB:Canada

Address

7170 Glover Road, Langley, BC, CAN, V2Y 2R1

Website

https://www.cubicfarms.com

CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solution automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and to provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition and allows for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.