Ocumetics Technology (TSXV:OTC) Total Liabilities : C$1.18 Mil (As of Mar. 2024)

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What is Ocumetics Technology Total Liabilities?

Ocumetics Technology's Total Liabilities for the quarter that ended in Mar. 2024 was C$1.18 Mil.

Ocumetics Technology's quarterly Total Liabilities increased from Sep. 2023 (C$0.70 Mil) to Dec. 2023 (C$0.95 Mil) and increased from Dec. 2023 (C$0.95 Mil) to Mar. 2024 (C$1.18 Mil).

Ocumetics Technology's annual Total Liabilities declined from Jul. 2021 (C$1.14 Mil) to Dec. 2022 (C$0.54 Mil) but then increased from Dec. 2022 (C$0.54 Mil) to Dec. 2023 (C$0.95 Mil).

Ocumetics Technology Total Liabilities Historical Data

The historical data trend for Ocumetics Technology'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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Ocumetics Technology Total Liabilities Chart

Ocumetics Technology Annual Data

Trend

Jul20

Jul21

Dec22

Dec23

Total Liabilities

1.14

0.54

0.95

Ocumetics Technology Quarterly Data
	Jul20	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial							0.64	0.74	0.70	0.95	1.18

Ocumetics Technology 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.

Ocumetics Technology'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	+	(0.322	+	-0.0010000000000001
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.95

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	1.036	-	0.091
	=	0.95

Ocumetics Technology'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
	=	0.853	+	(0.329	+	0.0010000000000001
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	1.18

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	0.947	-	-0.235
	=	1.18

Ocumetics Technology Total Liabilities Related Terms

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Ocumetics Technology (TSXV:OTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ocumetics Technology Corp (TSXV:OTC) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

OTCFF:USA

Address

639 - 5th Avenue S.W., Suite 1250, Calgary, AB, CAN, T2P 0M9

Website

https://www.ocumetics.com

Ocumetics Technology Corp is a Canadian-based research and product development company. The company is engaged in developing an accommodating intraocular lens to eliminate the need for corrective lenses, especially for people over 45 years of age.

Executives

Roger Jewett

Director, Senior Officer

Ocumetics Technology (TSXV:OTC) Headlines

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