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Meredith (Meredith) Total Current Liabilities : $778 Mil (As of Sep. 2021)


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What is Meredith Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Meredith's total current liabilities for the quarter that ended in Sep. 2021 was $778

Meredith Total Current Liabilities Historical Data

The historical data trend for Meredith'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.

Meredith Total Current Liabilities Chart

Meredith Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 459.70 1,225.80 1,260.80 731.70 859.50

Meredith Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 752.50 791.70 746.60 859.50 777.50

Meredith Total Current Liabilities Calculation

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

Meredith's Total Current Liabilities for the fiscal year that ended in Jun. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=290.4+40.3
+Other Current Liabilities+Current Deferred Liabilities
=132.4+396.4
=860

Meredith's Total Current Liabilities for the quarter that ended in Sep. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=335.6+40.6
+Other Current Liabilities+Current Deferred Liabilities
=0+401.3
=778

* 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

Meredith Total Current Liabilities Related Terms

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Meredith (Meredith) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Meredith Corp (NYSE:MDP) » Definitions » Total Current Liabilities
Comparable Companies
DJCO SCHL TPCO GCI GLBD LEE EDUC AHC MNIQQ GPIW LSE:REL XAMS:WKL LSE:INF NYT HAM:SPR OSL:SCHA LSE:PSON SHSE:601098 SHSE:601928 SHSE:600373
Traded in Other Exchanges
N/A
Address
1716 Locust Street, Des Moines, IA, USA, 50309-3023
Website
https://www.meredith.com
Meredith Corp is an American media company that focuses on publications and marketing services around the home, family, food, and lifestyle markets. The company operates two divisions: national media and local media. The national media segment publishes magazines such as Every Day with Rachael Ray, Better Homes and Gardens, Family Fun, and Parents; this segment is the source of the majority of Meredith's revenue. The local media segment owns over 15 television stations around the United States. In 2014, the company announced a 10-year licensing agreement with Martha Stewart Omnimedia to acquire the rights to Martha Stewart Living, Martha Stewart Weddings, and marthastewart.com.
Executives
John S Zieser officer: Chief Development Officer 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Steven M Cappaert officer: Corporate Controller
Thomas H Harty director, officer: President and CEO MEREDITH CORPORATION 1716 LOCUST ST., MAIL STOP LS101-A DES MOINES IA 50309
Patrick Mccreery officer: President-Local Media Group C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Jason M. Frierott officer: Chief Financial Officer C/O TRANSPORTATION SYSTEMS HOLDINGS INC. 901 MAIN AVENUE NORWALK CT 06851
Gregory Coleman director C/O MEREDITH CORP., 1716 LOCUST STREET, DES MOINES IA 50309
Donald C Berg director PO BOX 1080, LOUISVILLE KY 40201
Stephen M Lacy director 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Beth J Kaplan director 1716 LOCUST STREET, DES MOINES IA 50309
Joseph H Ceryanec officer: Chief Financial Officer PO BOX 3177 CEDAR RAPIDS IA 52406-3177
Meredith Edwin T Iv 10 percent owner
Elizabeth E Tallett director 6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Iii Chris Roberts director 1716 LOCUST ST. LS-175, 7TH FLOOR, DES MOINES IA 50309
Paula Kerger director C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Donald A Baer director 1716 LOCUST STREET DES MOINES IA 50309