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Lantronix (Lantronix) Total Current Liabilities : $43.6 Mil (As of Mar. 2024)


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What is Lantronix Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lantronix's total current liabilities for the quarter that ended in Mar. 2024 was $43.6


Lantronix Total Current Liabilities Historical Data

The historical data trend for Lantronix'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.

Lantronix Total Current Liabilities Chart

Lantronix Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.47 15.77 22.86 35.52 46.39

Lantronix Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only 45.95 46.39 48.75 47.99 43.57

Lantronix Total Current Liabilities Calculation

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

Lantronix's Total Current Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=22.161+4.602
+Other Current Liabilities+Current Deferred Liabilities
=0.788+18.837
=46.4

Lantronix'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
=24.125+4.859
+Other Current Liabilities+Current Deferred Liabilities
=0.708+13.882
=43.6

* 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


Lantronix Total Current Liabilities Related Terms

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Lantronix (Lantronix) Business Description

Industry
Traded in Other Exchanges
N/A
Address
48 Discovery, Suite 250, Irvine, CA, USA, 92618
Lantronix Inc is a networking company. It provides secure data access and management solutions for the Internet of Things (IoT) and information technology assets. It organizes its products and solutions into three product lines named as IoT Solutions, IoT System Solutions, and Software & Services. Embedded IoT solution segment is the key revenue driver for the company. The company serves a diverse range of markets including healthcare, industrial, security, energy, transportation, and government networking. Its primary geographic markets are the Americas, Europe, the Middle East and Africa, and Asia Pacific Japan. The Americas contribute the vast majority of total revenue.
Executives
Philip G Brace director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Eric Bass officer: VP of Engineering 48 DISCOVERY, SUITE 250, IRVINE CA 92618
Hoshi Printer director C/O LANTRONIX, INC., 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92518
Paul F Folino director ONE ENTERPRISE, ALISO VIEJO CA 92656
Jason Cohenour director 47669 FREMONT BLVD, FREMONT CA 94538
Phu Hoang director 48 DISCOVERY, SUITE 250, IRVINE CA 92618
Jeremy Whitaker officer: Chief Financial Officer and Co 15353 BARRANCA PARKWAY, IRVINE CA 92618
Paul H Pickle director, officer: President & CEO 200 FLYNN ROAD, CAMARILLO CA 93012
Fathi Hakam officer: Vice President of Engineering 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Roger Holliday officer: VP of Worldwide Sales 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Heidi Nguyen director C/O LANTRONIX, 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA IRVINE
Bernhard Bruscha director, 10 percent owner LANTRONIX INC, 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618
Hale Martin M Jr director, 10 percent owner
Margaret A Evashenk director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Kevin Yoder officer: VP of Worldwide Sales 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618

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