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RCI Hospitality Holdings (RCI Hospitality Holdings) Total Current Liabilities

: $54.6 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. RCI Hospitality Holdings's total current liabilities for the quarter that ended in Dec. 2023 was $54.6

RCI Hospitality Holdings Total Current Liabilities Historical Data

The historical data trend for RCI Hospitality 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.

RCI Hospitality Holdings 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 34.21 37.30 23.03 31.50 47.98

RCI Hospitality 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 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 40.19 52.67 52.24 47.98 54.64

RCI Hospitality 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.

RCI Hospitality Holdings'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
=22.066+25.82
+Other Current Liabilities+Current Deferred Liabilities
=7.105427357601E-15+0.096
=48.0

RCI Hospitality 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
=31.515+22.826
+Other Current Liabilities+Current Deferred Liabilities
=0+0.303
=54.6

* 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

RCI Hospitality Holdings Total Current Liabilities Related Terms

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RCI Hospitality Holdings (RCI Hospitality Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » RCI Hospitality Holdings Inc (NAS:RICK) » Definitions » Total Current Liabilities
Comparable Companies
TAST CHUY BH DENN DIN PBPB LOCO NATH BJRI PTLO MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR DRI DPZ YUMC
Traded in Other Exchanges
RIK:Germany RIK:Germany
Address
10737 Cutten Road, Houston, TX, USA, 77066
Website
http://www.rcihospitality.com
RCI Hospitality Holdings Inc through its subsidiaries owns and operates establishments that offer live adult entertainment, restaurant, and or bar operations. It also owns and operates a communication company serving the adult nightclubs industry. The company's operating business segments are Nightclubs, Bombshells, and Others. It operates nightclubs through the following brand's Rick's Cabaret, Vivid Cabaret, Tootsie's Cabaret, Club Onyx, and Jaguars Club. In the Bombshells segment, the company is building a chain of Restaurants and Sports Bars in Dallas, Austin, and Houston, Texas. It derives majority revenue from the Nightclubs segment that engages in the sale of alcoholic beverages, food, and merchandise items; service in the form of cover charge, dance fees, and room rentals.
Executives
Adw Capital Management, Llc 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
Johnson Martin Elaine director 10737 CUTTEN ROAD, HOUSTON TX 77066
Yura V Barabash director 10737 CUTTEN ROAD, HOUSTON TX 77066
Bradley Lim Chhay officer: Chief Financial Officer 10737 CUTTEN ROAD, HOUSTON TX 77066
Travis Reese director, officer: Vice-president 10959 CUTTEN ROAD, HOUSTON TX 77066
Eric Scott Langan director, 10 percent owner, officer: President 3113 BERING DR, HOUSTON TX 77057
Adam D Wyden 10 percent owner 1133 BROADWAY, SUITE 719, NEW YORK NY 10010
Adw Capital Partners, L.p. 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
Allan Priaulx Arthur director 10737 CUTTEN ROAD, HOUSTON TX 77066
Phillip Kent Marshall officer: CFO 10959 CUTTEN ROAD, HOUSTON TX 77066
Luke Charles Lirot director 2240 BELLEAIR RD., SUITE 190, CLEARWATER FL 33764
Robert L Watter director 10959 CUTTEN ROAD, HOUSTON TX 77066
Steven L Jenkins director 16815 ROYAL CREST DRIVE SUITE 160, HOUSTON TX 77058
Nour-dean Anakar director 3978 SORRENTO VALLEY DRIVE, SUITE 100, SAN DIEGO CA 92121
Alan Bergstrom director 10959 CUTTEN ROAD, HOUSTON TX 77066