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Drive Shack (Drive Shack) Total Current Liabilities : $114.4 Mil (As of Sep. 2023)


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What is Drive Shack Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Drive Shack's total current liabilities for the quarter that ended in Sep. 2023 was $114.4

Drive Shack Total Current Liabilities Historical Data

The historical data trend for Drive Shack'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.

Drive Shack Total Current Liabilities Chart

Drive Shack Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.66 93.06 101.99 110.73 127.11

Drive Shack Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 109.83 127.11 124.15 124.09 114.35

Drive Shack Total Current Liabilities Calculation

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

Drive Shack's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=46.21+23.707
+Other Current Liabilities+Current Deferred Liabilities
=27.704+29.49
=127.1

Drive Shack's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=40.391+23.642
+Other Current Liabilities+Current Deferred Liabilities
=30.603+19.717
=114.4

* 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

Drive Shack Total Current Liabilities Related Terms

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Drive Shack (Drive Shack) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Drive Shack Inc (OTCPK:DSHK) » Definitions » Total Current Liabilities
Comparable Companies
HWH PRKA MMA YYAI SRM GDHG FXLV KENS DOGZ LEAT TSE:4661 HKSE:02020 LSE:CCL TSE:7309 TSE:7832 HAS AS HKSE:02331 MAT HKSE:09992
Traded in Other Exchanges
DSHKN.PFD:USA DSHKO.PFD:USA DSHKP.PFD:USA
Address
10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231
Website
https://www.driveshack.com
Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue gets derived from the Traditional Golf Properties segment.
Executives
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Hana Khouri officer: President 218 WEST 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Stuart A Mcfarland director C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Goodfield Lawrence A. Jr. officer: CFO, CAO & Treasurer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Lee Nichols officer: Chief Financial Officer C/O DRIVE SHACK INC., 218 W. 18TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acacia Research Corp director 767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Virgis Colbert director 5725 DELPHI DRIVE, TROY MI 48098
Benjamin M Crane director 218 WEST 18TH STREET 3RD FLOOR, NEW YORK NY 10011
Clifford Press director 152 WEST 57TH STREET, NEW YORK NY 10019
David Hammarley officer: Chief Financial Officer 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Kenneth A May director, officer: CEO & President 13155 NOEL ROAD, SUITE 1600, THREE GALLERIA TOWER, DALLAS TX 75240
William J Clifford director 845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
Alan L. Tyson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sara A. Yakin officer: Chief Operating Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Sarah Watterson officer: CEO & President 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

Drive Shack (Drive Shack) Headlines

From GuruFocus

Drive Shack Inc. Announces Grand Opening of Puttery Charlotte in Mid-December

By Business Wire Business Wire • 12-06-2021

Lansing Management LP Buys Drive Shack Inc

By GuruFocus Research GuruFocus Editor • 08-23-2021

Puttery, Drive Shack Inc.'s Newest Golf Entertainment Concept, Is Headed to the Windy City

By Business Wire Business Wire • 12-27-2021

Drive Shack Inc. Schedules Second Quarter 2021 Earnings Release and Conference Call

By Business Wire Business Wire • 08-04-2021

Puttery, Drive Shack Inc.'s Newest Golf Entertainment Concept, Is Coming to Philadelphia's Historic Fishtown Neighborhood

By Business Wire Business Wire • 11-29-2021

Drive Shack Inc. Announces Second Pennsylvania Venue as Puttery Heads to Steel City

By Business Wire Business Wire • 02-22-2022

Drive Shack Inc. Schedules First Quarter 2022 Earnings Release and Conference Call

By Business Wire Business Wire • 05-05-2022

Drive Shack Inc. Announces Grand Opening of Puttery Washington D.C.

By Business Wire Business Wire • 06-21-2022

Drive Shack Continues to Expand

By Howard Riell • 12-13-2021

Drive Shack Inc. Expands Puttery, Its New Competitive Socializing Concept, to Downtown Houston

By Business Wire Business Wire • 08-09-2021