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Right On Brands, Inc.: 10-Q filed 2020-02-14

What Right On Brands, Inc. reported in its quarterly report filed 2020-02-14 (fiscal Q3 2020): 34 published measures, 85 facts as tagged in accession 0001477932-20-000672.

This filing

Form
10-Q (quarterly report)
Filed
2020-02-14
Fiscal period
fiscal Q3 2020
Accession
0001477932-20-000672 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Right On Brands, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2019-12-31441,903USD
At 2019-03-31357,243USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2019-12-311,830,758USD
At 2019-03-312,088,438USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2019-12-31-1,388,855USD
At 2019-03-31-1,731,195USD
At 2018-12-31264,368USD
At 2018-03-312,980,015USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2019-12-3115,616USD
At 2019-03-3190,883USD
At 2018-12-31207,611USD
At 2018-03-3147,506USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2019-10-01 to 2019-12-31-182,382USD92
2019-04-01 to 2019-12-31-1,705,758USD275
2018-10-01 to 2018-12-31-1,783,791USD92
2018-04-01 to 2018-12-31-2,806,395USD275

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2019-04-01 to 2019-12-31-546,517USD275
2018-04-01 to 2018-12-31-447,395USD275

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2019-10-01 to 2019-12-31106,434USD92
2019-04-01 to 2019-12-31315,091USD275
2018-10-01 to 2018-12-3157,476USD92
2018-04-01 to 2018-12-31153,087USD275

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2019-04-01 to 2019-12-31471,250USD275
2018-04-01 to 2018-12-31605,500USD275

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2018-04-01 to 2018-12-312,000USD275

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2019-12-31-11,891,860USD
At 2019-03-31-10,186,102USD
At 2018-12-31-6,907,339USD

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2019-12-3122,712USD
At 2019-03-3127,451USD

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2019-12-31316,233USD
At 2019-03-31329,024USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2019-10-01 to 2019-12-31-116,783USD92
2019-04-01 to 2019-12-31-606,687USD275
2018-10-01 to 2018-12-31-784,892USD92
2018-04-01 to 2018-12-31-981,383USD275

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2019-12-311,773,758USD
At 2019-03-312,088,438USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2019-12-31199,772USD
At 2019-03-3166,689USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2019-12-3126,879USD
At 2019-03-3124,184USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2019-10-01 to 2019-12-31222,033USD92
2019-04-01 to 2019-12-31696,198USD275
2018-10-01 to 2018-12-31480,695USD92
2018-04-01 to 2018-12-311,328,186USD275

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2019-12-31258,163USD
At 2019-03-31213,957USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2019-10-01 to 2019-12-3123,077USD92
2019-04-01 to 2019-12-3193,814USD275
2018-10-01 to 2018-12-3116,183USD92
2018-04-01 to 2018-12-3112,607USD275

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2018-04-01 to 2018-12-31337USD275

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2019-12-319,964,477USD
At 2019-03-318,295,767USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2019-12-31-1,413,292USD
At 2019-03-31-1,755,632USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2019-12-31137,653USD
At 2019-03-31137,653USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2019-12-31114,941USD
At 2019-03-31110,202USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2019-12-31358USD
At 2019-03-31768USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2019-10-01 to 2019-12-31-182,382USD92
2019-04-01 to 2019-12-31-1,705,758USD275
2018-10-01 to 2018-12-31-1,783,791USD92
2018-04-01 to 2018-12-31-2,806,648USD275

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2019-10-01 to 2019-12-31101,518USD92
2019-04-01 to 2019-12-31336,657USD275
2018-10-01 to 2018-12-3146,627USD92
2018-04-01 to 2018-12-31141,838USD275

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2019-04-01 to 2019-12-314,739USD275
2018-04-01 to 2018-12-312,822USD275

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2019-04-01 to 2019-12-31410USD275
2018-04-01 to 2018-12-31256USD275

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2019-10-01 to 2019-12-31112USD92
2019-04-01 to 2019-12-31112USD275

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2019-04-01 to 2019-12-31125,000USD275
2018-04-01 to 2018-12-3191,000USD275

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2019-04-01 to 2019-12-31-2,695USD275
2018-04-01 to 2018-12-31-92,835USD275

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2019-04-01 to 2019-12-31-65,343USD275
2018-04-01 to 2018-12-31-91,350USD275

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2019-04-01 to 2019-12-31133,083USD275
2018-04-01 to 2018-12-3134,426USD275

Inspect the source

Entity
Right On Brands, Inc. / CIK 0001580262
Captured
2026-09-20T09:22:33.081Z
SEC response SHA-256
ecb8078997e4f173ad8cd5de904776f4d29bce3e1dd04c291f56f291efa0c7f3

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001580262.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))