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Encore Capital Group (Encore Capital Group) Total Current Liabilities

: $690 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. Encore Capital Group's total current liabilities for the quarter that ended in Dec. 2023 was $690

Encore Capital Group Total Current Liabilities Historical Data

The historical data trend for Encore Capital Group'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.

Encore Capital Group 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 1,465.75 1,175.06 1,109.66 621.74 689.57

Encore Capital Group 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 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 621.74 1,364.00 1,497.57 1,463.03 689.57

Encore Capital Group Total Current Liabilities Calculation

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

Encore Capital Group'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
=189.928+499.646
+Other Current Liabilities+Current Deferred Liabilities
=-1.1368683772162E-13+0
=690

Encore Capital Group'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
=189.928+499.646
+Other Current Liabilities+Current Deferred Liabilities
=-1.1368683772162E-13+0
=690

* 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

Encore Capital Group Total Current Liabilities Related Terms

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Encore Capital Group (Encore Capital Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Encore Capital Group Inc (NAS:ECPG) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
ECP:Germany
Address
350 Camino De La Reina, Suite 100, San Diego, CA, USA, 92108
Website
https://www.encorecapital.com
Encore Capital Group Inc is a specialty finance company. It provides debt recovery solutions for consumers and property owners across a broad range of financial assets. The company purchase portfolios of defaulted consumer receivables at deep discounts to face value and manage them by working with individuals as the consumer repay their obligations and work toward financial recovery. Encore has only a reportable segment being portfolio purchasing and recovery.
Executives
Jonathan C Clark officer: Executive VP, CFO & Treasurer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Laura Olle director 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
John Yung officer: President, Intl. and Cabot 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
William C. Goings director 1015 A ST, TACOMA WA 98402
Andrew Eric Asch officer: SVP, General Counsel 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92627
Ryan B Bell officer: EVP and COO of MCM 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO, CA 92108
Gregory L. Call officer: Sr. VP, GC & Secretary 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Peter Reck officer: Chief Accounting Officer C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153
Wendy Hannam director 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Craig A. Buick officer: Cabot Credit Management CEO 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
A. Knight Angela director 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Jeffrey Albert Hilzinger director 3 CEDAR RIDGE DRIVE, CHESTER NJ 07930
Jcf Iii Europe Holdings L.p. 10 percent owner C/O J.C. FLOWERS & CO., 767 FIFTH AVENUE, 23RD FLOOR, NEW YORK NY 10153
Ashish Masih officer: EVP, US Debt Purchasing & Ops. 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Kenneth J Stannard officer: Cabot Credit Management CEO 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108