GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » BT Brands Inc (NAS:BTBD) » Definitions » Total Current Liabilities

BT Brands (BT Brands) Total Current Liabilities : $1.42 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is BT Brands Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. BT Brands's total current liabilities for the quarter that ended in Mar. 2024 was $1.42

BT Brands Total Current Liabilities Historical Data

The historical data trend for BT Brands'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.

BT Brands Total Current Liabilities Chart

BT Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 0.81 1.04 0.93 2.13 1.55

BT Brands Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 1.17 1.54 1.29 1.55 1.42

BT Brands Total Current Liabilities Calculation

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

BT Brands'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
=0.872+0.515
+Other Current Liabilities+Current Deferred Liabilities
=0.136+0.027
=1.55

BT Brands'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
=0.988+0.386
+Other Current Liabilities+Current Deferred Liabilities
=0.017+0.024
=1.42

* 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

BT Brands Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of BT Brands's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

BT Brands (BT Brands) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » BT Brands Inc (NAS:BTBD) » Definitions » Total Current Liabilities
Comparable Companies
WBBA YOSH NROM REBN KITL AMHG BFI CHSN GTIM RAVE MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN YUMC TSX:QSR DRI HKSE:06862
Traded in Other Exchanges
N/A
Address
405 Main Avenue West, Suite 2D, West Fargo, ND, USA, 58078
Website
https://www.itsburgertime.com
BT Brands Inc operates and owns a fast-food restaurant called Burger Time. The company also operates in Minnesota as a franchisee of Dairy Queen. It offers a variety of burgers and other affordably priced foods such as chicken sandwiches, pulled pork sandwiches, chicken chunks, side dishes, and soft drinks.
Executives
Gary Copperud director, 10 percent owner, officer: Chief Executive Officer 405 WEST MAIN STREET, WEST FARGO ND 58078
Allan D Anderson director 950 BLUFF CIRCLE NORTH, CHASKA MN 55318
Terri Tochihara-dirks director 405 WEST MAIN AVENUE, SUITE 20, WEST FARGO ND 58078
Steven W Schussler director 720 S FIFTH STREET, HOPKINS MN 55343
Jeffrey A Zinnecker director, 10 percent owner 405 WEST MAIN STREET, WEST FARGO ND 58078
Kenneth William Brimmer director, officer: Chief Operating Officer SUITE 102, 10501 WAYZATA BLVD., MINNETONKA MN 55305
Sally Copperud 10 percent owner 405 WEST MAIN, WEST FARGO ND 58078