GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CompoSecure Inc (NAS:CMPO) » Definitions » Total Current Liabilities

CompoSecure (CompoSecure) Total Current Liabilities : $42.4 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is CompoSecure Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. CompoSecure's total current liabilities for the quarter that ended in Mar. 2024 was $42.4

CompoSecure Total Current Liabilities Historical Data

The historical data trend for CompoSecure'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.

CompoSecure Total Current Liabilities Chart

CompoSecure Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 31.74 41.62 60.52 47.36 40.91

CompoSecure Quarterly Data
Dec18 Dec19 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 59.10 50.85 52.87 40.91 42.36

CompoSecure Total Current Liabilities Calculation

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

CompoSecure'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
=27.224+12.261
+Other Current Liabilities+Current Deferred Liabilities
=1.425+0
=40.9

CompoSecure'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
=27.067+13.863
+Other Current Liabilities+Current Deferred Liabilities
=1.425+0
=42.4

* 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

CompoSecure Total Current Liabilities Related Terms

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

CompoSecure (CompoSecure) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CompoSecure Inc (NAS:CMPO) » Definitions » Total Current Liabilities
Comparable Companies
TG GIFI TPCS AP LQMT HIHO SGBX MEC NWPX IIIN ATI MLI XTER:TKA SHSE:688122 ESAB TPE:2474 SZSE:000039 XTER:NDA CRS WOR
Traded in Other Exchanges
N/A
Address
309 Pierce Street, Somerset, NJ, USA, 08873
Website
https://www.composecure.com
CompoSecure Inc is engaged in designing and manufacturing premium financial cards. The Company's innovative metal payment card technology and Arculus security and authentication capabilities deliver unique, premium branded experiences which enable people to access and use their assets, and ensure trust at the point of a transaction. Its products include Metal Cards and Arculus, a digital security platform.
Executives
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Timothy Walter Fitzsimmons officer: Chief Financial Officer C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Roman Dbdr Tech Sponsor Llc 10 percent owner 2877 PARADISE ROAD, #702, LAS VEGAS NV 89109
Doll Dixon R Jr. 10 percent owner, officer: Co-Chief Executive Officer 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Donald G Basile director, 10 percent owner, officer: See Remarks 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Tikvah Management Llc 10 percent owner 5970 FAIRVIEW ROAD, SUITE 705, CHARLOTTE NC 28210
Paul Galant director 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Dixon Doll director 2420 SAND HILL RD, STE 200, MENLO PARK CA 94025
Amanda Mandy Gourbault officer: Chief Revenue Officer C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Jonathan Wilk director, officer: Chief Executive Officer C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Steven J. Mclaughlin 10 percent owner 277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Gregoire Maes officer: Chief Operating Officer C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Ezrah Charitable Trust 10 percent owner 831 E. MOOREHEAD STREET, SUITE 940, CHARLOTTE NC 28202
Adam Joseph Lowe officer: Chief Innovation Officer C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Michele Logan director, 10 percent owner C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873

CompoSecure (CompoSecure) Headlines

From GuruFocus

CompoSecure to Announce First Quarter 2022 Financial Results on May 9, 2022

By Business Wire Business Wire • 04-25-2022

CompoSecure Earns SOC 2 Type 2 Certification

By Business Wire Business Wire • 12-19-2022

Arculus Chief Innovation Officer to Speak at Bitcoin 2022 in Miami

By Business Wire Business Wire • 04-07-2022

CompoSecure Launches Security Awareness Campaign

By sperokesalga sperokesalga • 04-26-2023

Tikvah Management LLC Goes on Buying Spree in 3rd Quarter

By GuruFocus Research GuruFocus Editor • 11-15-2022

CompoSecure Schedules Second Quarter 2023 Conference Call for August 14th at 5:00 p.m. ET

By Marketwired • 08-07-2023

CompoSecure to Announce Second Quarter 2022 Financial Results on August 4, 2022

By Business Wire Business Wire • 07-19-2022

CompoSecure's Arculus Named Most Innovative Cold Storage Wallet in the Industry by ABI Research

By Business Wire Business Wire • 08-04-2022

CompoSecure Unveils New Payment Card Tech Innovations for 2023

By Stock market mentor Stock market mentor • 01-12-2023

CompoSecure Schedules First Quarter 2023 Conference Call for May 3rd at 5:00 p.m. ET

By sperokesalga sperokesalga • 04-18-2023