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Surgepays (Surgepays) Total Current Liabilities : $12.7 Mil (As of Dec. 2023)


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What is Surgepays Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Surgepays's total current liabilities for the quarter that ended in Dec. 2023 was $12.7

Surgepays Total Current Liabilities Historical Data

The historical data trend for Surgepays'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.

Surgepays Total Current Liabilities Chart

Surgepays Annual Data
Trend Apr14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.05 15.66 10.00 23.46 12.71

Surgepays Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.46 25.65 18.48 14.49 12.71

Surgepays Total Current Liabilities Calculation

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

Surgepays'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
=8.057+4.628
+Other Current Liabilities+Current Deferred Liabilities
=0+0.02
=12.7

Surgepays's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=8.057+4.628
+Other Current Liabilities+Current Deferred Liabilities
=0+0.02
=12.7

* 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

Surgepays Total Current Liabilities Related Terms

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Surgepays (Surgepays) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Surgepays Inc (NAS:SURG) » Definitions » Total Current Liabilities
Comparable Companies
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Traded in Other Exchanges
9B90:Germany
Address
3124 Brother Boulevard, Suite 104, Bartlett, TN, USA, 38133
Website
https://www.surgepays.com
Surgepays Inc is a fintech company focused on the underbanked community. It provides services to financial technology, telecommunications, and digital media companies. Its operating segment includes Surge Blockchain and Other; Surge Logics; TW and ECS (Electronic Check Services). The Company's blockchain platform utilizes a suite of financial and prepaid products to convert corner stores into tech hubs for underbanked neighbourhoods. The neighbourhood stores are profit partners that provide a multichannel distribution network for SurgePays.
Executives
Kevin Brian Cox director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 3124 BROTHER BLVD, STE. 104, BARTLETT W6 38133
Laurie Weisberg director C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Richard Earl Schurfeld director 1600 MADISON AVENUE, 4TH FLOOR, TOLEDO OH 43604
John Mott officer: CHIEF TECHNOLOGY OFFICER 890 W, HILLWOOD DM, NASHVILLE TN 37205
David Allen May director 12131 BROOKS RIVER DR, ARLINGTON TN 38002
Nuzzo Anthony P. Jr director, officer: President and COO 3124 BROTHER BLVD, STE 104, BARTLETT TN 38133
Anthony Geogre Evers officer: Chief Financial Officer 701 ASHTON LANE, SOUTH ELGIN IL 60177
David N Keys director 3770 HOWARD HUGHES PARKWAY, STE 300, LAS VEGAS NV 89109
David C Ansani director 1375 VALLEY RD, BANNOCKBURN L3 60015
Campbell Ted Dudley Ii director PO BOX 1358, SPRING BRANCH TX 78070
Clinton W Coldren director, 10 percent owner, officer: PRESIDENT, CEO & CFO 1535 SONIAT ST.,, NEW ORLEANS LA 70115
Alan G Massara director 339 NORWOOD AVENUE, AVON BY THE SEA NJ 07717
Ross E Silvey director, officer: CEO and President 7633 EAST 63RD PLACE, #220, TULSA OK 74133
Vladimir Fedyunin director, 10 percent owner, officer: President, CEO and CFO PO BOX 158, LIONS BAY A1 VON 2E0