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goeasy (TSX:GSY) Total Current Liabilities : C$151 Mil (As of Jun. 2024)


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What is goeasy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. goeasy's total current liabilities for the quarter that ended in Jun. 2024 was C$151

goeasy Total Current Liabilities Historical Data

The historical data trend for goeasy'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.

goeasy Total Current Liabilities Chart

goeasy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 174.99 278.18 115.17 104.92 152.90

goeasy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 110.40 153.47 152.90 155.99 150.83

goeasy Total Current Liabilities Calculation

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

goeasy'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
=125.935+0
+Other Current Liabilities+Current Deferred Liabilities
=0+26.965
=153

goeasy's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=124.534+0
+Other Current Liabilities+Current Deferred Liabilities
=0+26.296
=151

* 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

goeasy Total Current Liabilities Related Terms

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

goeasy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » goeasy Ltd (TSX:GSY) » Definitions » Total Current Liabilities
Comparable Companies
TSX:PRL TSXV:EPF TSX:ACD TSXV:AFCC.H XCNQ:INVR TSX:CRWN XCNQ:CALI.X TSXV:FA XCNQ:XTCY XCNQ:PDFI V MA AXP PYPL COF BOM:500034 DFS IST:QNBFL SYF BOM:543257
Traded in Other Exchanges
EHMEF:USA 1ES:Germany 1ES:Germany
Address
33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5
Website
https://www.goeasy.com
goeasy Ltd is a financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.
Executives
Andrea Fiederer Senior Officer
Jason Mullins Senior Officer
Sean Morrison Director
David Ingram Director, Senior Officer
Jason Appel Senior Officer
Mark John Schell Senior Officer
Donald Kenneth Johnson 10% Security Holder, Director
Jonathan Tétrault Director
Mir Farhan Ali Khan Senior Officer
David Harry Appel Director
Jacqueline Foo Senior Officer
Courtenay Andrew Ames Plaunt Senior Officer
Michael Anthony Eubanks Senior Officer
Sabrina Anzini Senior Officer
Susan Doniz Director

goeasy Headlines

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