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Golden Matrix Group (Golden Matrix Group) Total Current Liabilities : $4.69 Mil (As of Jan. 2024)


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What is Golden Matrix Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Golden Matrix Group's total current liabilities for the quarter that ended in Jan. 2024 was $4.69

Golden Matrix Group Total Current Liabilities Historical Data

The historical data trend for Golden Matrix Group'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.

Golden Matrix Group Total Current Liabilities Chart

Golden Matrix Group Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jan21 Oct22 Oct23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 1.83 0.55 2.72 4.48

Golden Matrix Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.83 3.94 4.09 4.48 4.69

Golden Matrix Group Total Current Liabilities Calculation

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

Golden Matrix Group's Total Current Liabilities for the fiscal year that ended in Oct. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.337+0.059
+Other Current Liabilities+Current Deferred Liabilities
=0.607+0.476
=4.48

Golden Matrix Group's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.534+0.081
+Other Current Liabilities+Current Deferred Liabilities
=0.636+0.442
=4.69

* 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

Golden Matrix Group Total Current Liabilities Related Terms

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Golden Matrix Group (Golden Matrix Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Golden Matrix Group Inc (NAS:GMGI) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
SE0C:Germany
Address
3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103
Website
https://www.goldenmatrix.com
Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The company operates in two reportable segments; B2B and B2C. The B2C segment earns majority revenue. The company operates in UK, Asia Pacific and Latin America. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, R Kings Competitions and GM-AG.
Executives
Philip Moyes director 54 KINGS WHARF, QUAY 27, QUEENSWAY J1 GX11 1AA
Thomas Mcchesney director PO BOX 2910, TACOMA WA 98401-2910
Omar Jimenez officer: CFO & Chief Compliance Officer C/O MONAKER GROUP INC., 2690 WESTON ROAD, SUITE 200, WESTON FL 33331
Aaron Richard Johnston director 3851 LINDELL RD, STE D131, LAS VEGAS NV 89103
Murray George Smith director 11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Luxor Capital Llc 10 percent owner 3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Anthony Brian Goodman director, 10 percent owner, officer: CEO 3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Weiting Feng director, officer: CFO 3651 LINDELL RD STE D131, LAS VEGAS NV 89103