GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AssetMark Financial Holdings Inc (NYSE:AMK) » Definitions » Total Current Liabilities

AssetMark Financial Holdings (AssetMark Financial Holdings) Total Current Liabilities : $69.2 Mil (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is AssetMark Financial Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AssetMark Financial Holdings's total current liabilities for the quarter that ended in Mar. 2024 was $69.2

AssetMark Financial Holdings Total Current Liabilities Historical Data

The historical data trend for AssetMark Financial Holdings'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.

AssetMark Financial Holdings Total Current Liabilities Chart

AssetMark Financial Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 41.58 45.89 58.86 73.82 75.84

AssetMark Financial Holdings 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 74.97 94.20 92.99 75.84 69.25

AssetMark Financial Holdings Total Current Liabilities Calculation

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

AssetMark Financial Holdings'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
=53.739+4.522
+Other Current Liabilities+Current Deferred Liabilities
=12.941+4.64
=75.8

AssetMark Financial Holdings'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
=52.116+4.608
+Other Current Liabilities+Current Deferred Liabilities
=7.883+4.64
=69.2

* 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

AssetMark Financial Holdings Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of AssetMark Financial Holdings's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

AssetMark Financial Holdings (AssetMark Financial Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AssetMark Financial Holdings Inc (NYSE:AMK) » Definitions » Total Current Liabilities
Comparable Companies
UTG PTY STEP ETY UTF TSLX GDV NUV PAX VCTR BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
0LA:Germany
Address
1655 Grant Street, 10th Floor, Concord, CA, USA, 94520
Website
https://www.assetmark.com
AssetMark Financial Holdings Inc is a provider of extensive wealth management and technology solutions that power independent financial advisers and their clients. It provides an end-to-end experience, spanning nearly all elements of an adviser's engagement with the client, from initial conversations to ongoing financial planning discussions, including performance reporting and billing. In addition, the company's platform provides tools and capabilities for advisers to better manage their day-to-day business activities, giving them more time for meaningful conversations with investors.
Executives
Carrie E. Hansen officer: EVP, Chief Operating Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Ted F. Angus officer: EVP, General Counsel C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Mcnatt Joel David Jr officer: EVP, Investment Solutions C/O ASSETMARK FINANCIAL HOLDINGS INC., 1655 GRANT ST 10TH FLOOR, CONCORD CA 94520
Mukesh Mehta officer: EVP, Chief Information Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Michael Kim officer: EVP, Chief Client Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Natalie Grace Wolfsen officer: EVP, Chief Solutions Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Gary G. Zyla officer: EVP, Chief Financial Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Esi Minta-jacobs officer: EVP, Prgm Mgmt & HR C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Jeremiah H Chafkin officer: EVP, Chief Investment Officer C/O THE CHARLES SCHWAB CORPORATION, 120 KEARNY STREET, SAN FRANCISCO CA 94108
John Hahn officer: SVP, Finance & Reporting (PAO) C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET 10TH FLOOR, CONCORD CA 94520
Joseph M Velli director
Charles G Goldman director, officer: President and CEO C/O THE CHARLES SCHWAB CORPORATION, 120 KEARNY STREET, SAN FRANCISCO CA 94108
Lei Wang director 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Xiaoning Jiao director 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Huatai Securities Co., Ltd. 10 percent owner NO.228 MIDDLE JIANGDONG ROAD, NANJING, JIANGSU PROVINCE F4 210019

AssetMark Financial Holdings (AssetMark Financial Holdings) Headlines

From GuruFocus

Insider Alert: An Insider Just Sold AssetMark Financial Holdings Inc Shares

By GuruFocus Research GuruFocus Editor • 05-20-2023

June AMK Report

By Marketwired • 07-10-2023

Insider Sell Alert: EVP, COO Carrie Hansen Sells 11,500 Shares of AssetMark Financial Holdings Inc (AMK)

By GuruFocus Research • 12-08-2023

EVP, Chief Information Officer Mukesh Mehta Sells 4,173 Shares of AssetMark Financial Holdings Inc (AMK)

By GuruFocus Research • 06-13-2023

May AMK Report

By sperokesalga sperokesalga • 06-12-2023

January AMK Report

By sperokesalga sperokesalga • 02-13-2023

AssetMark and Cheetah Collaborate to Address Evolving Bank Trust and Wealth Management Needs

By Marketwired • 11-02-2023

Insider Alert: An Insider Just Sold AssetMark Financial Holdings Inc Shares

By GuruFocus Research GuruFocus Editor • 05-19-2023

AssetMark Launches First Trust Investment Strategies for Financial Advisors

By sperokesalga sperokesalga • 05-11-2023

Assetmark Financial Holdings, Inc. Investors: Robbins LLP is Investigating AMK on Behalf of Shareholders

By Marketwired • 10-03-2023