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Interactive Strength (Interactive Strength) Total Current Liabilities : $38.53 Mil (As of Mar. 2024)


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What is Interactive Strength Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Interactive Strength's total current liabilities for the quarter that ended in Mar. 2024 was $38.53

Interactive Strength Total Current Liabilities Historical Data

The historical data trend for Interactive Strength'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.

Interactive Strength Total Current Liabilities Chart

Interactive Strength Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
14.63 11.48 24.17 21.53

Interactive Strength Quarterly Data
Dec20 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 24.13 16.43 18.30 21.53 38.53

Interactive Strength Total Current Liabilities Calculation

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

Interactive Strength'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
=11.404+9.86
+Other Current Liabilities+Current Deferred Liabilities
=0.147+0.123
=21.53

Interactive Strength'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
=18.2+19.368
+Other Current Liabilities+Current Deferred Liabilities
=0.398+0.567
=38.53

* 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

Interactive Strength Total Current Liabilities Related Terms

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Interactive Strength (Interactive Strength) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Interactive Strength Inc (NAS:TRNR) » Definitions » Total Current Liabilities
Comparable Companies
BIMT IVP RGS EJH PDRO AMIH ROL SCI HRB BFAM TSX:BYD FTDR MCW HKSE:01448 LSE:CVSG ASX:IVC MED OHEL:MUSTI XTER:CWC WW
Traded in Other Exchanges
T2I:Germany
Address
1005 Congress Avenue, Suite 925 , Texas, Austin, TX, USA, 78701
Website
https://www.formelife.com
Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. It generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.
Executives
Bradley James Wickens 10 percent owner PUDLICOTE HOUSE, PUDLICOTE LANE, CHIPPING NORTON, OXFORDSHIRE X0 OX7 3HX
Touw Kirsten Bartok director 125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
Investments 1 Block.one 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lock.one 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, S. CHURCH ST., GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Brendan Francis Blumer 10 percent owner C/O BLOCK.ONE, SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Trent Alexander Ward director, officer: Chief Executive Officer 942 N. LAUREL AVENUE, LOS ANGELES CA 90046
Michael Madigan officer: Principal Financial Officer 370 HOURGLASS LANE, BALDWINSVILLE NY 13027
Deepak Manu Mulchandani director 27660 SKYLARK LANE, SANTA CLARA CA 91350
Stuart Bryan officer: Principal Accounting Officer 22900 ALLEN COURT, SAINT CLAIR SHORES MI 48080
Weaver Aaron Ngoc Dung director 99 OAKLEY STREET, LONDON X0 SW3 5NR
Kokuei Yuan 10 percent owner SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Andrew Bliss 10 percent owner SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006

Interactive Strength (Interactive Strength) Headlines

From GuruFocus

Interactive Strength Inc. d/b/a FORME Joins Webull Corporate Communications Service Platform

By sperokesalga sperokesalga • 05-23-2023

FORME Eyes Sustainable Growth Through CLMBR Acquisition Using A B2B/B2C Multi-channel Strategy To 'Avoid Mistakes Of Peloton, Other Struggling Connected Fitness Companies'

By ACCESSWIRE • 10-13-2023

Interactive Strength Inc. d/b/a FORME Reports Second Quarter 2023 Results

By Marketwired • 08-15-2023

Interactive Strength Inc. d/b/a FORME Launches European Expansion Plan by Focusing on Strategic Partnership With SIGNA Sports United

By sperokesalga sperokesalga • 05-24-2023

Interactive Strength Inc. d/b/a FORME Announces Pricing of $12 Million Initial Public Offering

By sperokesalga sperokesalga • 04-27-2023

Interactive Strength Inc. (Nasdaq: TRNR d/b/a �FORME�) Announces Non-Binding Letter of Intent and Exclusivity Agreement to Acquire a Connected Fitness Equipment Business

By Marketwired • 08-15-2023

Interactive Strength Inc. (Nasdaq: TRNR d/b/a �FORME�) Announces Distribution Partnership With Industry Leading Integrated Fitness Services Company, The Risher Companies

By Marketwired • 08-03-2023

Goldman Small Cap Research Publishes New Research Report on Interactive Health, Inc.

By ACCESSWIRE • 08-17-2023

Interactive Strength Inc. and Aethos Partner to Bring Cutting Edge FORME Training Technology Into Hotels

By sperokesalga sperokesalga • 05-22-2023

CORRECTION BY SOURCE: Goldman Small Cap Research Publishes New Research Report on Interactive Strength, Inc.

By ACCESSWIRE • 08-17-2023