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Thursday, August 17, 2023 8:58:13 AM
Short term assets $4,137
Short term liability $5,627,280
Short term assets not enough to cover the short term liabilities...
Sign of VERY BAD MANAGEMENT
The acid-test ratio, commonly known as the quick ratio, uses data from a firm's balance sheet to indicate whether it has the means to cover its short-term liabilities. Generally, a ratio of 1.0 or more indicates a company can pay its short-term obligations, while a ratio of less than 1.0 indicates it might struggle to pay them.
BRLL is busy paying California HEMP fields rentals millions while never harvesting any hemp in years, money going to a relative of management.
RESIGN ALFORD RESIGN
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