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Driven Brands Holdings (Driven Brands Holdings) Total Current Liabilities : $427 Mil (As of Dec. 2023)


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What is Driven Brands 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. Driven Brands Holdings's total current liabilities for the quarter that ended in Dec. 2023 was $427

Driven Brands Holdings Total Current Liabilities Historical Data

The historical data trend for Driven Brands 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.

Driven Brands Holdings Total Current Liabilities Chart

Driven Brands Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 158.83 305.45 477.78 505.42 427.17

Driven Brands Holdings Quarterly Data
Dec18 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 505.42 526.68 518.98 475.33 427.17

Driven Brands 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.

Driven Brands 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
=371.102+32.673
+Other Current Liabilities+Current Deferred Liabilities
=23.392+0
=427

Driven Brands Holdings'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
=371.102+32.673
+Other Current Liabilities+Current Deferred Liabilities
=23.392+0
=427

* 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

Driven Brands Holdings Total Current Liabilities Related Terms

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Driven Brands Holdings (Driven Brands Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Driven Brands Holdings Inc (NAS:DRVN) » Definitions » Total Current Liabilities
Comparable Companies
CARG SAH ACVA KAR CARS CWH CVNA RUSHA SDA CRMT TPE:2207 PAG KMX XBRU:DIE LAD AN HKSE:00881 TSE:4732 ABG GPI
Traded in Other Exchanges
N/A
Address
440 South Church Street, Suite 700, Charlotte, NC, USA, 28202
Website
https://www.drivenbrands.com
Driven Brands Holdings Inc is an automotive services company. The company provides an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.
Executives
Jonathan G. Fitzpatrick director, officer: President & CEO 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Gary W Ferrera officer: EVP, Chief Financial Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Muhammad Khalid officer: EVP, Seg. Pres. - Maintenance 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Rc Iv Cayman Icw Holdings Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Neal K Aronson director, 10 percent owner, other: See Remarks 1180 PEACHTREE STREET NE., SUITE 2500, ATLANTA GA 30309
Driven Equity Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Michael G. Macaluso officer: EVP & Grp Pres-Pt., Coll & Gl. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Jose D. Tomas director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Driven Equity Sub Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Rc Iv Cayman Icw Holdings Sub Llc 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Roark Capital Partners Iii Aiv Lp 10 percent owner, other: See Remarks. C/O ROARK CAPITAL MANAGEMENT, LLC, 1180 PEACHTREE STREET, SUITE 2500, ATLANTA GA 30309
Daniel R. Rivera officer: EVP & Group President, Maint. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
John R. Teddy officer: EVP & President, Car Wash N.A. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Karen B. Stroup director 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Michael Beland officer: SVP & Chief Accounting Officer 440 S. CHURCH ST., SUITE 700, CHARLOTTE NC 28202

Driven Brands Holdings (Driven Brands Holdings) Headlines

From GuruFocus

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind Driven Investors of a Lead Plaintiff Deadline of February 20, 2024

By PRNewswire • 01-11-2024

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Driven Brands Holdings Inc. (DRVN)

By Business Wire • 01-04-2024

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Driven Brands Holdings Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 20, 2024 - (NASDAQ: DRVN)

By PRNewswire • 01-05-2024

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Driven Brands Holdings Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 20, 2024 - (NASDAQ: DRVN)

By PRNewswire • 01-12-2024

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Driven Brands Holdings Inc.(DRVN) Investors of a Class Action Lawsuit and Upcoming Deadline

By PRNewswire • 01-23-2024

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Driven Brands Holdings Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action -- DRVN

By Business Wire • 01-02-2024

DRIVEN BRANDS SHAREHOLDER ALERT: CLAIMSFILER Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Driven Brands Holdings Inc. - DRVN

By PRNewswire • 12-30-2023

DRVN INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Driven Brands Holdings Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

By Business Wire • 01-10-2024

Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Driven Brands Holdings Inc. (DRVN) Investors

By Business Wire • 01-04-2024

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Driven Brands Holdings Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 20, 2024 - (NASDAQ: DRVN)

By PRNewswire • 01-19-2024