THC Therapeutics Inc
THC Therapeutics, Inc. operates in the wellness industry. It develops dHydronator, a sanitizing herb/cannabis dryer. The company was formerly known as Millennium Blockchain, Inc. and changed its name to THC Therapeutics, Inc. in September 2018. THC Therapeutics, Inc. was founded in 2007 and is based in Jacksboro, Texas.
THC Therapeutics Inc (THCT) - Total Liabilities
Latest total liabilities as of October 2024: $3.53 Million USD
Based on the latest financial reports, THC Therapeutics Inc (THCT) has total liabilities worth $3.53 Million USD as of October 2024.
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.
THC Therapeutics Inc - Total Liabilities Trend (2007–2024)
This chart illustrates how THC Therapeutics Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
THC Therapeutics Inc Competitors by Total Liabilities
The table below lists competitors of THC Therapeutics Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Lion Capital S.A.
RO:LION
|
Romania | RON378.27 Million |
|
NINE DRAGONS PAPER
MU:N3Y
|
Germany | €89.89 Billion |
|
Pender Street Capital Corp.
V:PCP-P
|
Canada | CA$28.66K |
|
Cabo Drilling Corp
PINK:CBEEF
|
USA | $12.10 Million |
|
Attock Cement Pakistan Ltd
KAR:ACPL
|
Pakistan | PKRs26.21 Billion |
|
Fortune Valley Treasures Inc
PINK:FVTI
|
USA | $4.47 Million |
Liability Composition Analysis (2007–2024)
This chart breaks down THC Therapeutics Inc'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 | 0.00 | 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 | -1.03 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 298.96 | 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 THC Therapeutics Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for THC Therapeutics Inc (2007–2024)
The table below shows the annual total liabilities of THC Therapeutics Inc from 2007 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-07-31 | $3.32 Million | 0.00% |
| 2023-07-31 | $3.32 Million | +0.18% |
| 2022-07-31 | $3.32 Million | +12.16% |
| 2021-07-31 | $2.96 Million | +58.66% |
| 2020-07-31 | $1.86 Million | +46.84% |
| 2019-07-31 | $1.27 Million | +118.32% |
| 2018-07-31 | $581.44K | +87.03% |
| 2017-07-31 | $310.89K | -2.92% |
| 2016-07-31 | $320.24K | -30.29% |
| 2015-07-31 | $459.41K | +24.20% |
| 2014-07-31 | $369.89K | +153.35% |
| 2013-07-31 | $146.00K | -62.50% |
| 2012-07-31 | $389.38K | +499.64% |
| 2011-07-31 | $64.94K | +26.96% |
| 2010-07-31 | $51.15K | -27.09% |
| 2009-07-31 | $70.15K | +4598.46% |
| 2008-07-31 | $1.49K | +49.30% |
| 2007-07-31 | $1.00K | -- |