Core Scientific (Core Scientific) Total Current Liabilities : $138.1 Mil (As of Mar. 2024)

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What is Core Scientific Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Core Scientific's total current liabilities for the quarter that ended in Mar. 2024 was $138.1

Core Scientific Total Current Liabilities Historical Data

The historical data trend for Core Scientific'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.

Core Scientific Total Current Liabilities Chart

Core Scientific Annual Data

Trend Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

19.47 69.65 320.29 186.79 488.42

Core Scientific Quarterly Data

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 214.75 187.37 312.66 488.42 138.15

Core Scientific Total Current Liabilities Calculation

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

Core Scientific'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

= 327.612 + 144.206

+ Other Current Liabilities + Current Deferred Liabilities

= 6.775 + 9.83

= 488.4

Core Scientific'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

= 84.386 + 28.97

+ Other Current Liabilities + Current Deferred Liabilities

= 15.539 + 9.25

= 138.1

* 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

Core Scientific Total Current Liabilities Related Terms
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Core Scientific (Core Scientific) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Core Scientific Inc (NAS:CORZ) » Definitions » Total Current Liabilities

Comparable Companies

Traded in Other Exchanges

CORZQ:USA

Address

210 Barton Springs Road, Austin, TX, USA, 78704

Website

https://www.corescientific.com

Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.

Core Scientific (Core Scientific) Headlines

From GuruFocus

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Core Scientific, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action � CORZ
By Tiesvg Tiesvg • 12-24-2022

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Core Scientific, Inc. (CORZ)
By Tiesvg Tiesvg • 12-27-2022

CORZ LAWSUIT ALERT: Levi & Korsinsky Notifies Core Scientific, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
By PRNewswire PRNewswire • 12-22-2022

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Core Scientific, Inc. - CORZ
By PRNewswire PRNewswire • 12-26-2022

ROSEN, A TOP RANKED LAW FIRM, Encourages Core Scientific, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CORZ
By PRNewswire PRNewswire • 12-24-2022

CORE SCIENTIFIC, INC. (NASDAQ: CORZ) SHAREHOLDER CLASS ACTION ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Core Scientific, Inc. (NASDAQ: CORZ)
By Value_Insider Value_Insider • 12-20-2022

ROSEN, NATIONAL TRIAL COUNSEL, Encourages Core Scientific, Inc. Investors with Losses to Secure Counsel Before Important January 13 Deadline in Securities Class Action - CORZ
By PRNewswire PRNewswire • 12-31-2022

ROSEN, A LEADING NATIONAL FIRM, Encourages Core Scientific, Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action � CORZ
By Value_Insider Value_Insider • 12-19-2022

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Core Scientific, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of January 13, 2023 - (NASDAQ: CORZ)
By PRNewswire PRNewswire • 12-21-2022

CORZ SHAREHOLDER ALERT: Jakubowitz Law Reminds Core Scientific Shareholders of a Lead Plaintiff Deadline of January 13, 2023
By PRNewswire PRNewswire • 12-27-2022

Core Scientific Quarterly Data
	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											214.75	187.37	312.66	488.42	138.15

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	327.612	+	144.206
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	6.775	+	9.83
	=	488.4