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NCS Multistage Holdings (NCS Multistage Holdings) Total Current Liabilities : $32.1 Mil (As of Dec. 2023)


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What is NCS Multistage 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. NCS Multistage Holdings's total current liabilities for the quarter that ended in Dec. 2023 was $32.1


NCS Multistage Holdings Total Current Liabilities Historical Data

The historical data trend for NCS Multistage 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.

NCS Multistage Holdings Total Current Liabilities Chart

NCS Multistage Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 19.78 14.88 19.82 17.69 32.06

NCS Multistage Holdings 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 17.69 17.69 18.19 19.83 32.06

NCS Multistage 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.

NCS Multistage 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
=24.857+3.395
+Other Current Liabilities+Current Deferred Liabilities
=3.806+0
=32.1

NCS Multistage 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
=24.857+3.395
+Other Current Liabilities+Current Deferred Liabilities
=3.806+0
=32.1

* 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


NCS Multistage Holdings Total Current Liabilities Related Terms

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NCS Multistage Holdings (NCS Multistage Holdings) Business Description

Traded in Other Exchanges
N/A
Address
19350 State Highway 249, Suite 600, Houston, TX, USA, 77070
NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services primarily to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.
Executives
Dewayne Williams officer: VP, Controller 1800 WEST LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Marty Stromquist director, officer: President and Director C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Michael L Morrison officer: Chief Financial Officer 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77042
Robert Nipper director, officer: CEO and Director C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Ori Lev officer: Executive VP, GC and Secretary 3817 BROWNING STREET, HOUSTON TX 77005
Lori A Cole officer: Vice President, Finance 2010 MASON STREET, HOUSTON TX 77006
Ryan Hummer officer: Chief Financial Officer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Valerie A Mitchell director 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Kevin Trautner officer: Executive VP, GC and Secretary C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
James Gambrell King officer: Chief Strategy Officer 3402 SYCAMORE SHADOWS, KINGWOOD TX 77339
John D Deane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Michael Mcshane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Wade Bitter officer: CAO and Treasurer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY, SUITE 200, HOUSTON TX 77070
Tim Willems officer: Chief Operations Officer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070