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Asset Entities (Asset Entities) Total Current Liabilities : $0.28 Mil (As of Mar. 2024)


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What is Asset Entities Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Asset Entities's total current liabilities for the quarter that ended in Mar. 2024 was $0.28

Asset Entities Total Current Liabilities Historical Data

The historical data trend for Asset Entities'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.

Asset Entities Total Current Liabilities Chart

Asset Entities Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
0.01 0.02 0.22 0.15

Asset Entities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.18 0.14 0.15 0.28

Asset Entities Total Current Liabilities Calculation

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

Asset Entities'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
=0.15+0
+Other Current Liabilities+Current Deferred Liabilities
=0.001+0.003
=0.15

Asset Entities's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.28+0
+Other Current Liabilities+Current Deferred Liabilities
=-5.5511151231258E-17+0.002
=0.28

* 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

Asset Entities Total Current Liabilities Related Terms

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Asset Entities (Asset Entities) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Asset Entities Inc (NAS:ASST) » Definitions » Total Current Liabilities
Comparable Companies
FDIT SLE LBUY ONFO DGLY TRFE LCFY GROM VOCL XESP GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420
Traded in Other Exchanges
N/A
Address
100 Crescent Court, 7th Floor, Dallas, TX, USA, 75201
Website
https://assetentities.com
Asset Entities Inc is a technology company providing social media marketing and content delivery services across Discord, TikTok, and other social media platforms. It also designs, develops, and manages servers for communities on Discord. Its services consist of Discord investment education and entertainment, social media and marketing, and AE.360.DDM services are based on the effective use of Discord as well as other social media including TikTok, Twitter, Instagram, and YouTube.
Executives
Michael Gaubert director, 10 percent owner, officer: Executive Chairman 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
James Sheldon Fairbanks 10 percent owner 3612 SUNSET VIEW DRIVE, FORTUNA CA 95540
Kavous Sarkhani 10 percent owner 13470 BLACK HILLS ROAD, SAN DIEGO CA 92129
Elham Nejad 10 percent owner 13470 BLACK HILLS ROAD, SAN DIEGO CA 92129
Jennifer Joan Fairbanks 10 percent owner 3612 SUNSET VIEW DRIVE, FORTUNA CA 95540
Richard Alfred Burton director 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Scott Kelley Mcdonald director 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Kd Holdings Group, Llc 10 percent owner 4313 OAK KNOLL DRIVE, PLANO TX 75093
Asset Entities Holdings, Llc 10 percent owner 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Richard Benavides 10 percent owner 5934 WALNUT HILL ROAD, DALLAS TX 75230
Arshia Sarkhani director, 10 percent owner, officer: CEO and President 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Matthew Krueger 10 percent owner, officer: CFO, Treasurer and Secretary 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Kyle Fairbanks director, 10 percent owner, officer: Executive Vice-Chairman 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Arman Sarkhani 10 percent owner, officer: Chief Operating Officer 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201
Jack John A Ii director 100 CRESCENT CT., 7TH FLOOR, DALLAS TX 75201

Asset Entities (Asset Entities) Headlines

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