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The GEO Group (The GEO Group) Total Current Liabilities : $437 Mil (As of Dec. 2023)


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What is The GEO Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. The GEO Group's total current liabilities for the quarter that ended in Dec. 2023 was $437

The GEO Group Total Current Liabilities Historical Data

The historical data trend for The GEO Group's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The GEO Group Total Current Liabilities Chart

The GEO Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 395.93 411.30 378.84 437.21 437.46

The GEO Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 437.21 396.10 347.21 433.33 437.46

The GEO Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

The GEO Group's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=356.942+80.522
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=437

The GEO Group's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=356.942+80.522
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=437

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

The GEO Group Total Current Liabilities Related Terms

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The GEO Group (The GEO Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The GEO Group Inc (NYSE:GEO) » Definitions » Total Current Liabilities
Comparable Companies
CXW NSSC BRC EVLV CIX NL REZI MG BAER ICTSF OSTO:ASSA B TSE:9735 ALLE SZSE:002236 MSA ADT OSTO:SECU B BCO TSE:2331 SZSE:002268
Traded in Other Exchanges
GEO1:Mexico GEG:Germany GEG:Germany
Address
4955 Technology Way, Boca Raton, FL, USA, 33431
Website
https://www.geogroup.com
The GEO Group Inc specializes in detention facilities and community-reentry centers. It operates in four segments: U.S. Secure Services, which primarily encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
Executives
Shayn P. March officer: VP of Finance and Treasurer C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Scott Michael Kernan director C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
James H. Black officer: SVP & Pres, Secure Services 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Christopher D. Ryan officer: Senior VP, Human Resources 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Lindsay L. Koren director 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Matthew Albence officer: Senior VP, Client Relations 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Andrew N Shapiro director 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Thomas C. Bartzokis director 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Terry P. Mayotte director C/O TREAN INSURANCE GROUP, INC., 150 LAKE STREET WEST, WAYZATA MN 55391
Jack Brewer director 6200 EXCELSIOR BLVD., SUITE 104, ST. LOUIS PARK MN 55416
George C Zoley director, officer: Chairman & CEO C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Anne N Foreman director C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Richard H Glanton director C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Duane Helkowski director 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Blake Davis officer: Pres. GEO Secure Services 4955 TECHNOLOGY WAY, BOCA RATON FL 33431