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Mobile Global Esports (Mobile Global Esports) Total Current Liabilities : $0.27 Mil (As of Dec. 2023)


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What is Mobile Global Esports Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Mobile Global Esports's total current liabilities for the quarter that ended in Dec. 2023 was $0.27

Mobile Global Esports Total Current Liabilities Historical Data

The historical data trend for Mobile Global Esports'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.

Mobile Global Esports Total Current Liabilities Chart

Mobile Global Esports Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
0.03 0.21 0.27

Mobile Global Esports Quarterly Data
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 0.21 0.34 0.24 0.55 0.27

Mobile Global Esports Total Current Liabilities Calculation

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

Mobile Global Esports'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
=0.152+0.12
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.27

Mobile Global Esports'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
=0.152+0.12
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.27

* 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

Mobile Global Esports Total Current Liabilities Related Terms

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Mobile Global Esports (Mobile Global Esports) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Mobile Global Esports Inc (OTCPK:MGAM) » Definitions » Total Current Liabilities
Comparable Companies
MSGM NFTG GDC DROR VRVR FRZT WINR GIGM NCTY ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697 SZSE:002555
Traded in Other Exchanges
N/A
Address
500 Post Road East, Westport, CT, USA, 06880
Website
https://www.mogoesports.com
Mobile Global Esports Inc develops and commercializes international esports, beginning with university esports events in India. It is launching an esports (electronic sports) platform initially focused on esports competitions played on mobile devices by university teams and players representing universities located in India and elsewhere in South Asia.
Executives
David Randall Pross officer: CEO 73 BLUE SPRUCE CIRCLE, WESTON CT 06883
James Knopf director 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 06883
Marco Welch director, officer: Chairman of the board 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 06883
Jay P. Madan director 8480 HONEYCUTT RD, SUITE 200, RALEIGH NC 27615
Sports Industry Of India, Inc. 10 percent owner 616 S. EL CAMINO REAL, STE. H, SAN CLEMENTE CA 92672
Alexander Alexandrov director 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 02883
Kiki V Benson officer: CFO 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 06880
Willy Verhaegen director 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 06883

Mobile Global Esports (Mobile Global Esports) Headlines

From GuruFocus

MOGO Announces Participation in Upcoming Roadshows and Conferences

By ACCESSWIRE • 08-22-2023

Devin Murphy, Former Head of North American Esports Events for Riot Games, Joins MOGO as Director of Strategic Development

By ACCESSWIRE ACCESSWIRE • 06-06-2023

Thinking about buying stock in Motorsport Games, Mobile Global Esports, Transcode Therapeutics, Quoin Pharmaceuticals, or O-I Glass?

By PRNewswire PRNewswire • 02-01-2023

Mobile Global Esports Subsidiary Signs 6 Collegiate Winners of MOGO National Championships to Exclusive Esports Professional Contracts

By ACCESSWIRE ACCESSWIRE • 12-05-2022

MOGO executes Definitive Agreement with Nils Lahr and OrionsWave To Acquire Social Challenge Engine and Platform Technology

By ACCESSWIRE ACCESSWIRE • 05-25-2023

iGaming, Gaming & Entertainment Virtual Investor Conference Agenda Announced for September 14th

By Marketwired • 09-11-2023

Venable to Provide IP and Legal Counsel Services to Mobile Global Esports, the Company Driving Competitive University Esports in India

By ACCESSWIRE ACCESSWIRE • 03-23-2023

MOGO Announces Hosting of Inaugural MOGO National Championship Event

By ACCESSWIRE • 08-17-2023

MOGO to Participate in the Virtual Tech Conference Series: Emerging Growth in A.I., Presented by Maxim Group LLC on Wednesday, September 27th at 9:30 A.M. ET.

By ACCESSWIRE • 09-26-2023

Nick Venezia Joins MOGO as Chief Data Officer

By ACCESSWIRE ACCESSWIRE • 01-31-2023