Medical Cannabis Pay
Medical Cannabis Payment Solutions, Inc. develops and markets a payment system for medical cannabis transactions. Its solution assists in the state tracking of sales, collection of tax, and supervision of sales to consumers. The company was incorporated in 2013 and is based in Cheyenne, Wyoming. On August 12, 2024, Medical Cannabis Payment Solutions, Inc. filed a voluntary petition for liquidatio… Read more
Medical Cannabis Pay (REFG) - Total Liabilities
Latest total liabilities as of March 2023: $2.37 Million USD
Based on the latest financial reports, Medical Cannabis Pay (REFG) has total liabilities worth $2.37 Million USD as of March 2023.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Medical Cannabis Pay - Total Liabilities Trend (2013–2022)
This chart illustrates how Medical Cannabis Pay's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Medical Cannabis Pay Competitors by Total Liabilities
The table below lists competitors of Medical Cannabis Pay ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
SED International Holdings Inc
PINK:SEDN
|
USA | $47.48 Million |
|
Digitiliti Inc
PINK:DIGI
|
USA | $4.30 Million |
|
Sky440 Inc
PINK:SKYF
|
USA | $2.43K |
|
Autoco.com Inc
PINK:AOOO
|
USA | $1.29 Million |
|
GD Entertainment & Technology Inc
PINK:GDET
|
USA | $2.73 Million |
|
Islet Holdings Inc
PINK:ISHI
|
USA | $2.10 Million |
|
Speed Commerce Inc
PINK:SPDC
|
USA | $161.74 Million |
|
American Metal & Technology Inc
PINK:AMGY
|
USA | $2.25 Million |
Liability Composition Analysis (2013–2022)
This chart breaks down Medical Cannabis Pay's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | N/A | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 72.22 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Medical Cannabis Pay's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Medical Cannabis Pay (2013–2022)
The table below shows the annual total liabilities of Medical Cannabis Pay from 2013 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-12-31 | $2.37 Million | +0.44% |
| 2021-12-31 | $2.36 Million | +156.70% |
| 2020-12-31 | $917.60K | -0.56% |
| 2019-12-31 | $922.75K | +234.03% |
| 2018-12-31 | $276.25K | +89903.91% |
| 2017-12-31 | $306.93 | +76.09% |
| 2016-12-31 | $174.30 | -99.89% |
| 2015-12-31 | $161.70K | +9.46% |
| 2014-12-31 | $147.72K | +42.88% |
| 2013-12-31 | $103.39K | -- |