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Nerdy (NRDY) Total Current Liabilities : $33.0 Mil (As of Mar. 2024)


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What is Nerdy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Nerdy's total current liabilities for the quarter that ended in Mar. 2024 was $33.0

Nerdy Total Current Liabilities Historical Data

The historical data trend for Nerdy'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.

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Nerdy Total Current Liabilities Chart

Nerdy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 21.01 34.34 41.91 37.33 35.61

Nerdy Quarterly Data
Dec18 Dec19 Jun20 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 35.56 27.75 39.82 35.61 33.04

Nerdy Total Current Liabilities Calculation

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

Nerdy'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
=8.816+1.317
+Other Current Liabilities+Current Deferred Liabilities
=4.992+20.48
=35.6

Nerdy'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
=4.62+0
+Other Current Liabilities+Current Deferred Liabilities
=12.123+16.3
=33.0

* 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

Nerdy Total Current Liabilities Related Terms

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Nerdy (NRDY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerdy Inc (NYSE:NRDY) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
101 S. Hanley Road, Suite 300, St. Louis, MO, USA, 63105
Website
https://www.nerdy.com
Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its comprehensive learning destination provides learning experiences across various subjects and multiple formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.
Executives
Jason H. Pello officer: Chief Financial Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Christopher C. Swenson officer: Chief Legal Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Charles K. Cohn director, officer: Chief Executive Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Heidi Robinson officer: Chief Product Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Tpg Gp A, Llc director, 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Light Street Mercury Master Fund, L.p. 10 percent owner 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Stuart Udell director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Christopher P Marshall director 250 MIDDLEFIELD RD, MENLO PARK CA 94025
Jon Winkelried director, 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Gregory Mrva officer: President C/O CITADEL BROADCASTING CORPORATION, 7201 W. LAKE MEAD BLVD. 400, LAS VEGAS NV 89128
Technology Crossover Management Viii, Ltd. 10 percent owner, other: Member of a 13(d) group C/O TECHNOLOGY CROSSOVER VENTURES, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Technology Crossover Manangement Viii, L.p. 10 percent owner, other: Member of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Tcv Viii (a), L.p. other: Member of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Tcv Viii, L.p. 10 percent owner, other: Member of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Catherine Beaudoin director NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105