Thinkific Labs (TSX:THNC) Total Liabilities : C$24.64 Mil (As of Mar. 2024)

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What is Thinkific Labs Total Liabilities?

Thinkific Labs's Total Liabilities for the quarter that ended in Mar. 2024 was C$24.64 Mil.

Thinkific Labs's quarterly Total Liabilities declined from Sep. 2023 (C$21.64 Mil) to Dec. 2023 (C$21.27 Mil) but then increased from Dec. 2023 (C$21.27 Mil) to Mar. 2024 (C$24.64 Mil).

Thinkific Labs's annual Total Liabilities increased from Dec. 2021 (C$13.81 Mil) to Dec. 2022 (C$20.54 Mil) and increased from Dec. 2022 (C$20.54 Mil) to Dec. 2023 (C$21.27 Mil).

Thinkific Labs Total Liabilities Historical Data

The historical data trend for Thinkific Labs'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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Thinkific Labs Total Liabilities Chart

Thinkific Labs Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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5.38

9.77

13.81

20.54

21.27

Thinkific Labs Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial														21.54	20.77	21.64	21.27	24.64

Thinkific Labs 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.

Thinkific Labs'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
	=	20.631	+	(0.64	+	5.5511151231258E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	21.27

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	131.202	-	109.931
	=	21.27

Thinkific Labs'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
	=	24.175	+	(0.46	+	0.0009999999999985
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	24.64

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	131.353	-	106.718
	=	24.64

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Thinkific Labs (TSX:THNC) Business Description

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THNCF:USA 5S0:Germany

Address

369 Terminal Ave, Suite 400, Vancouver, BC, CAN, V6A 4C4

Website

https://www.thinkific.com

Thinkific Labs Inc is a cloud-based software platform. The Company's primary business activity is to provide a platform that helps entrepreneurs and established businesses to scale and generate revenue by teaching what they know. The Company's platform provides its Creators with the functionality needed to launch, grow, and diversify their businesses by creating and selling learning products composed of customized courses, communities, membership sites, and other experiences that our Creators can create, sell and deliver using the Company's Platform.

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