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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Snail's total current liabilities for the quarter that ended in Mar. 2024 was $59.78
The historical data trend for Snail'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.
Snail Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Total Current Liabilities | - | 65.31 | 53.50 | 51.58 | 71.31 |
Snail Quarterly Data | ||||||||||||||
Dec19 | Dec20 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Current Liabilities | Get a 7-Day Free Trial | 49.34 | 48.80 | 53.48 | 71.31 | 59.78 |
Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.
Snail'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 |
= | 38.612 | + | 13.448 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 0 | + | 19.253 | |
= | 71.31 |
Snail'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 |
= | 29.806 | + | 8.034 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 0 | + | 21.937 | |
= | 59.78 |
* 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
Thank you for viewing the detailed overview of Snail's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.
Heidy Kingwan Chow | officer: Chief Financial Officer | 92 KESTREL, IRVINE CA 92618 |
Neil Foster | director | 320 W. 37TH STREET, 13TH FLOOR, NEW YORK NY 10018 |
Hai Shi | director | 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230 |
Jim S. Tsai | officer: Chief Executive Officer | 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230 |
Sandra Pundmann | director | 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230 |
Peter Yung Kang | officer: Chief Operating Officer | 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230 |
Ying Zhou | director | 12049 JEFFERSON BOULEVARD, CULVER CITY CA 90230 |
Xiaoming Ye | 10 percent owner | ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123 |
Qianrong Capital Ltd | 10 percent owner | ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123 |
Suzhou Ding Rong Investment Management Ltd | 10 percent owner | ROOM 1702, BUILDING 1, NO. 9 CUIWEI STREET, SUZHOU F4 215123 |
Hua Yuan International Ltd | 10 percent owner | ROOM 8201, INTERNATIONAL COMMERCE CENTRE, 1 AUSTIN ROAD WEST, KOWLOON, HONG KONG K3 999077 |
Ancient Jade (east) Holdings Ltd | 10 percent owner | FLOOR 12 - TOWER D, NO.1 XUANWUMENWAI ST, XICHENG DISTRICT, BEIJING F4 100000 |
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