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Marvion (Marvion) Total Current Liabilities : $19.64 Mil (As of Mar. 2024)


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What is Marvion Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Marvion's total current liabilities for the quarter that ended in Mar. 2024 was $19.64


Marvion Total Current Liabilities Historical Data

The historical data trend for Marvion'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.

Marvion Total Current Liabilities Chart

Marvion Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 - 2.41 6.82 19.65

Marvion Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 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 7.56 13.34 28.40 19.65 19.64

Marvion Total Current Liabilities Calculation

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

Marvion'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
=19.476+0.17
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=19.65

Marvion'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
=19.473+0.17
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=19.64

* 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


Marvion Total Current Liabilities Related Terms

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Marvion (Marvion) Business Description

Traded in Other Exchanges
N/A
Address
3 Temasek Avenue, 21st Floor, Centennial Tower, Singapore, SGP, 039190
Marvion Inc engaged in the media distribution business. It provides authentication, valuation and certification service, sale and purchase, hire purchase, financing, custody, security and exhibition services to buyers of movie and music media through traditional channels as well as through leveraging blockchain technology through the creation of Digital Ownership Tokens (DOT). The company operates in two business segments; a DOT solution service business through its subsidiary in Singapore which generates the majority of the revenue, and strategic business and management advisory services through its subsidiary in Hong Kong.

Marvion (Marvion) Headlines

From GuruFocus

Marvion rounds up 2022 and is poised for greater growth in 2023

By PRNewswire PRNewswire 12-29-2022