Parkit Enterprise Stock Current Liabilities

PKT Stock  CAD 0.67  0.01  1.52%   
Parkit Enterprise fundamentals help investors to digest information that contributes to Parkit Enterprise's financial success or failures. It also enables traders to predict the movement of Parkit Stock. The fundamental analysis module provides a way to measure Parkit Enterprise's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Parkit Enterprise stock.
Non Current Liabilities Total is likely to climb to about 178.9 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 3.6 M in 2024.
  
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Parkit Enterprise Company Current Liabilities Analysis

Parkit Enterprise's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

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Parkit Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Parkit Enterprise is extremely important. It helps to project a fair market value of Parkit Stock properly, considering its historical fundamentals such as Current Liabilities. Since Parkit Enterprise's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Parkit Enterprise's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Parkit Enterprise's interrelated accounts and indicators.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Parkit Total Current Liabilities

Total Current Liabilities

3.62 Million

At this time, Parkit Enterprise's Total Current Liabilities is fairly stable compared to the past year.
In accordance with the recently published financial statements, Parkit Enterprise has a Current Liabilities of 0.0. This is 100.0% lower than that of the Real Estate Management & Development sector and about the same as Real Estate (which currently averages 0.0) industry. The current liabilities for all Canada stocks is 100.0% higher than that of the company.

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Parkit Fundamentals

About Parkit Enterprise Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Parkit Enterprise's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parkit Enterprise using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parkit Enterprise based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Parkit Stock Analysis

When running Parkit Enterprise's price analysis, check to measure Parkit Enterprise's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parkit Enterprise is operating at the current time. Most of Parkit Enterprise's value examination focuses on studying past and present price action to predict the probability of Parkit Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkit Enterprise's price. Additionally, you may evaluate how the addition of Parkit Enterprise to your portfolios can decrease your overall portfolio volatility.