GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Montrose Environmental Group Inc (NYSE:MEG) » Definitions » Total Current Liabilities

Montrose Environmental Group (Montrose Environmental Group) Total Current Liabilities

: $126.3 Mil (As of Dec. 2023)
View and export this data going back to 2020. Start your Free Trial

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Montrose Environmental Group's total current liabilities for the quarter that ended in Dec. 2023 was $126.3

Montrose Environmental Group Total Current Liabilities Historical Data

The historical data trend for Montrose Environmental 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.

Montrose Environmental Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Premium Member Only 73.25 111.54 147.70 111.44 126.29

Montrose Environmental 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 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 111.44 102.33 124.59 134.83 126.29

Montrose Environmental 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.

Montrose Environmental 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
=63.319+28.115
+Other Current Liabilities+Current Deferred Liabilities
=26.721+8.132
=126.3

Montrose Environmental 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
=63.319+28.115
+Other Current Liabilities+Current Deferred Liabilities
=26.721+8.132
=126.3

* 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

Montrose Environmental Group Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Montrose Environmental Group's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Montrose Environmental Group (Montrose Environmental Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Montrose Environmental Group Inc (NYSE:MEG) » Definitions » Total Current Liabilities
Comparable Companies
LNZA NVRI AMBI HCCI LICY QRHC PESI AQMS SNRG OCLN WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
5MO:Germany
Address
5120 Northshore Drive, North Little Rock, AR, USA, 72118
Website
https://www.montrose-env.com
Montrose Environmental Group Inc is an environmental services company. The firm's operating segments are Assessment, Permitting and Response, Measurement and Analysis, and Remediation and Reuse. Through its Assessment, Permitting, and Response segment, the company provides scientific advisory and consulting services to support environmental assessments, environmental emergency response, and environmental audits. Measurement and Analysis include test and analysis of air, water, and soil to determine concentrations of contaminants whereas, the Remediation and Reuse segment provide clients with engineering, design, implementation, operations and maintenance services, to treat contaminated water, remove contaminants from soil or create biogas from food or agricultural waste.
Executives
Allan Dicks officer: Chief Financial Officer 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614
Janet Risi Field director 9200 SOUTH DADELAND BOULEVARD, SUITE 800, MIAMI FL 33156
Fernandez De Castro Jose Miguel director TURBOCHEF TECHNOLOGIES, INC., SIX CONCOURSE PARKWAY, SUITE 1900, ATLANTA GA 30328
James K Price director, 10 percent owner C/O TURBOCHEF TECHNOLOGIES, INC., SUITE 1900, SIX CONCOURSE PARKWAY, ATLANTA GA 30328
J Thomas Presby director 198 KEELER ROAD, BRIDGEWATER CT 06752
Richard E Perlman director, 10 percent owner C/O TURBOCHEF TECHNOLOGIES, INC., SUITE 1900, SIX CONCOURSE PARKWAY, ATLANTA GA 30328
Nasym Afsari officer: General Counsel and Secretary 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614
Vijay Manthripragada director, officer: See Remarks 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614
Joshua W. Lemaire officer: Chief Operating Officer 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614
Partners Ltd 10 percent owner 181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Oaktree Holdings, Ltd. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Montrose Holdings, L.p. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Ocm Montrose Ii Holdings, L.p. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Jose Revuelta officer: Chief Strategy Officer 1 PARK PLAZA, SUITE 1000, IRVINE CA 92614

Montrose Environmental Group (Montrose Environmental Group) Headlines

From GuruFocus

Montrose Environmental Group to Present at the William Blair 42nd Annual Growth Stock Conference

By Business Wire Business Wire • 06-07-2022

Montrose Environmental Group Announces Timing of First Quarter 2023 Results

By Business Wire Business Wire • 04-25-2023

Montrose Environmental Group Acquires Frontier Analytical Laboratories

By Business Wire Business Wire • 01-06-2023

Kuva Systems, the leading Industrial IoT methane emission detection platform and Montrose Sensible EDP, a leader in revolutionizing the way environmental data is managed and monitored have collaborated to provide a comprehensive suite of environmental dat

By PRNewswire • 10-03-2023

Montrose Environmental Group Issues Statement on Ransomware Attack

By Business Wire Business Wire • 06-14-2022

Montrose Environmental Group Acquires Environmental Alliance, Inc., Expanding Consulting and Engineering Services in the Mid-Atlantic

By Business Wire Business Wire • 02-10-2023

Montrose Environmental Group to Present at the Stifel 2022 Cross Sector Insight Conference

By Business Wire Business Wire • 06-06-2022

Montrose Environmental Group Announces Timing of Second Quarter 2023 Results

By Business Wire • 07-25-2023

Montrose Environmental Group Inc (MEG) Reports Strong Q3 2023 Results with Revenue and EBITDA Growth

By GuruFocus Research • 11-07-2023

Montrose Environmental Group Announces Timing of Third Quarter 2023 Results

By Business Wire • 10-24-2023