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EdgeMode (EdgeMode) Total Current Liabilities : $3.60 Mil (As of Mar. 2024)


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What is EdgeMode Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. EdgeMode's total current liabilities for the quarter that ended in Mar. 2024 was $3.60

EdgeMode Total Current Liabilities Historical Data

The historical data trend for EdgeMode'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.

EdgeMode Total Current Liabilities Chart

EdgeMode Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
2.78 2.78 3.15

EdgeMode Quarterly Data
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 2.42 2.72 2.81 3.15 3.60

EdgeMode Total Current Liabilities Calculation

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

EdgeMode'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
=1.383+1.573
+Other Current Liabilities+Current Deferred Liabilities
=0.198+0
=3.15

EdgeMode'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
=1.744+1.573
+Other Current Liabilities+Current Deferred Liabilities
=0.287+0
=3.60

* 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

EdgeMode Total Current Liabilities Related Terms

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EdgeMode (EdgeMode) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » EdgeMode Inc (OTCPK:EDGM) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
110 East Broward Boulevard, Suite 1700, Ft. Lauderdale, FL, USA, 33301
Website
https://www.edgemode.io
EdgeMode Inc builds infrastructure and provides HPC services. It engages in crypto mining and High-Performance services (HPC) with near-term plans to scale U.S.-based data center operations.
Executives
Charles Thomas Faulkner director, 10 percent owner, officer: CEO and President 350 NORTH ORLEANS STREET, SUITE 9000N, CHICAGO IL 60654
Simon Enrico Wajcenberg director, 10 percent owner, officer: CFO, Treasurer and Secretary TIDES, UNIT 204, 176, SOUTH SOUND ROAD, GEORGE TOWN E9 KY1-1105
Christina Dixon 10 percent owner 3858 COUNTY ROAD 308, ELLINGTON MO 63638
Roger L Dixon 10 percent owner 3858 COUNTY ROAD 308, ELLINGTON MO 63638

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