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BM Technologies (BM Technologies) Total Current Liabilities : $20.04 Mil (As of Mar. 2024)


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What is BM Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. BM Technologies's total current liabilities for the quarter that ended in Mar. 2024 was $20.04

BM Technologies Total Current Liabilities Historical Data

The historical data trend for BM Technologies'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.

BM Technologies Total Current Liabilities Chart

BM Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
0.76 39.81 24.56 19.33 22.90

BM Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.77 19.83 15.95 22.90 20.04

BM Technologies Total Current Liabilities Calculation

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

BM Technologies'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
=10.577+0
+Other Current Liabilities+Current Deferred Liabilities
=0+12.322
=22.90

BM Technologies'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
=8.88+0
+Other Current Liabilities+Current Deferred Liabilities
=0+11.159
=20.04

* 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

BM Technologies Total Current Liabilities Related Terms

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BM Technologies (BM Technologies) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
201 King of Prussia Road, Suite 350, Wayne, PA, USA, 19087
Website
https://www.bankmobile.com/
BM Technologies Inc provides digital banking and disbursement services to consumers and students nationwide through a full service fintech banking platform, accessible to customers anywhere and anytime through digital channels. It facilitates deposits and banking services between a customer and its Partner Bank, Customers Bank, which is a related party and is a Federal Deposit Insurance Corporation (FDIC) insured bank. Tje company has four primary revenue sources: interchange and card revenue, servicing fees, account fees, and university fees. The majority of revenues are driven by customer activity (deposits, spend, transactions, etc.) and may be paid or passed through by Customers Bank, universities, or paid directly by customers.
Executives
Michael Richard Pavone director 201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Rajinder Singh director C/O BM TECHNOLOGIES, INC., 201 KING OF PRUSSIA ROAD, SUITE 650, WAYNE PA 19087
Warren Taylor officer: Executive Vice President 1015 PENN AVENUE, SUITE 103, WYOMISSING PA 19610
John J Dolan director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
James Francis Dullinger officer: Chief Accounting Officer C/O IOTA COMMUNICATIONS, INC., 645 HAMILTON STREET, SUITE 400, ALLENTOWN PA 18101
James M. Donahue officer: Chief Technology Officer 201 KING OF PRUSSIA ROAD, SUITE 350, C/O BM TECHNOLOGIES, INC., WAYNE PA 19087
Aaron Hodari director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Andrew J. Dunklau officer: President and Secretary 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Schechter Private Capital, Llc 10 percent owner 251 PIERCE STREET, BIRMINGHAM MI 48009
Pankaj Dinodia director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert H Ramsey officer: Chief Financial Officer 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Marcy Schwab director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Brent Hurley director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Robert Diegel officer: Chief Operating Officer 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087
Mike Gill director 201 KING OF PRUSSIA ROAD, SUITE 350, WAYNE PA 19087

BM Technologies (BM Technologies) Headlines

From GuruFocus

BM Technologies (BMTX) Honors 2022 ACE Award and Partnership Winners

By ACCESSWIRE ACCESSWIRE • 02-13-2023

BM Technologies (NYSE:BMTX) Wins Tearsheet's Big Bank Theory Award for Best Banking-as-a-Service Platform and FinTech Futures Banking Tech Awards USA for Excellence in Tech for Best Embedded Finance System�as-a-Service

By ACCESSWIRE ACCESSWIRE • 06-08-2023

Luvleen Sidhu, Chair, CEO, and Founder of BM Technologies (NYSE:BMTX), Named as a 'Women in Technology' Finalist in the Fintech Futures 2022 Banking Tech Awards

By ACCESSWIRE ACCESSWIRE • 11-28-2022

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies (NYSE: BMTX), Named Winner of LendIt Fintech's 2022 'Fintech Woman of the Year Award'

By PRNewswire PRNewswire • 02-09-2022

Halper Sadeh LLP Investigates STXB, GCP, BMTX; Shareholders are Encouraged to Contact the Firm

By PRNewswire PRNewswire • 01-13-2022

BM Technologies to Announce First Quarter 2023 Earnings and Host Webcast

By ACCESSWIRE ACCESSWIRE • 05-10-2023

BM Technologies Secures New Bank Partner and Extends Key Partnerships; New Variable Pricing Structure Benefits Revenues

By ACCESSWIRE ACCESSWIRE • 03-23-2023

BM Technologies Reports Second Quarter & First Half 2023 Results

By ACCESSWIRE • 08-23-2023

BM Technologies to Announce Q2 2022 Earnings and Host Webcast

By ACCESSWIRE ACCESSWIRE • 08-10-2022

SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates TMX, CBTX, ABTX, BMTX

By PRNewswire PRNewswire • 03-14-2022