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Good Times Restaurants (Good Times Restaurants) Total Current Liabilities

: $15.5 Mil (As of Dec. 2023)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Good Times Restaurants's total current liabilities for the quarter that ended in Dec. 2023 was $15.5

Good Times Restaurants Total Current Liabilities Historical Data

The historical data trend for Good Times Restaurants'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.

Good Times Restaurants Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Current Liabilities
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.23 18.64 12.89 12.90 14.89

Good Times Restaurants 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 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 Premium Member Only Premium Member Only Premium Member Only 13.43 15.37 13.60 14.89 15.48

Good Times Restaurants Total Current Liabilities Calculation

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

Good Times Restaurants's Total Current Liabilities for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7.928+5.787
+Other Current Liabilities+Current Deferred Liabilities
=0+1.175
=14.9

Good Times Restaurants'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
=7.609+5.902
+Other Current Liabilities+Current Deferred Liabilities
=0+1.967
=15.5

* 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

Good Times Restaurants Total Current Liabilities Related Terms

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Good Times Restaurants (Good Times Restaurants) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Good Times Restaurants Inc (NAS:GTIM) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
651 Corporate Circle, No. 200, Golden, CO, USA, 80401
Website
https://www.goodtimesburgers.com
Good Times Restaurants Inc is engaged in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants which operate in the quick-service drive-through dining industry; and Bad Daddy's Burger Bar restaurants which operate in the full-service upscale casual dining industry. The company generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers; chicken; kids; breakfast; frozen custard; slides and drinks.
Executives
Donald L Stack officer: SVP of Operations 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Ryan M Zink officer: Chief Financial Officer 141 UNION BOULEVARD #400, LAKEWOOD CO 80228
Jennifer C Stetson director 3753 EL SERENO AVENUE, ALTADENTA CA 91001
Matthew Karnes officer: Sr Vice President of Finance 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Margaret E Regalia officer: Vice President of Finance 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Scott Lefever officer: VICE PRESIDENT 601 CORPORATE CIRCLE, GOLDEN CO 80401
Charles E Jobson 10 percent owner
Robert J Stetson director 14901 QUORUM DRIVE, DALLAS TX 75254
Susan M Knutson officer: Controller 601 CORPORATE CIRCLE, GOLDEN CO 80401
Jason Maceda director C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021
Geoffrey R Bailey director 601 CORPORATE CIRCLE, GOLDEN CO 80401
Boyd E Hoback officer: President and CEO 601 CORPORATE CIRCLE, GOLDEN CO 80401
Alan A Teran director 2126 KNOLLWOOD DR, BOULDER CO 80302
Eric W Reinhard director 601 CORPORATE CIRCLE, GOLDEN CO 80401
Delta Partners Llc 10 percent owner 265 FRANKLIN STREET, SUITE 903, BOSTON MA 02110