GURUFOCUS.COM » STOCK LIST » Technology » Software » Switch Inc (NYSE:SWCH) » Definitions » Total Current Liabilities

Switch (Switch) Total Current Liabilities : $261.6 Mil (As of Sep. 2022)


View and export this data going back to 2017. Start your Free Trial

What is Switch Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Switch's total current liabilities for the quarter that ended in Sep. 2022 was $261.6

Switch Total Current Liabilities Historical Data

The historical data trend for Switch'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.

Switch Total Current Liabilities Chart

Switch Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Current Liabilities
Get a 7-Day Free Trial 66.09 75.03 113.93 103.60 168.59

Switch Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 159.24 168.59 134.53 224.67 261.64

Switch Total Current Liabilities Calculation

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

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=120.003+7.281
+Other Current Liabilities+Current Deferred Liabilities
=8.062+33.24
=168.6

Switch's Total Current Liabilities for the quarter that ended in Sep. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=134.731+7.983
+Other Current Liabilities+Current Deferred Liabilities
=75.108+43.815
=261.6

* 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

Switch Total Current Liabilities Related Terms

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

Switch (Switch) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Switch Inc (NYSE:SWCH) » Definitions » Total Current Liabilities
Comparable Companies
TWKS GDS ASGN SAIC NCR EXLS CACI WNS NSIT AUR ACN NSE:TCS IBM NSE:INFY FISV FIS CTSH NSE:HCLTECH XPAR:CAP BOM:507685
Traded in Other Exchanges
N/A
Address
7135 South Decatur Boulevard, Las Vegas, NV, USA, 89118
Website
https://www.switch.com
Switch Inc is a US-based technology infrastructure company. It is engaged in designing, constructing, and operating hyper-scale data centers. The company has developed patented technologies that have redefined data center space and cooling, allowing customers to deploy high-density and scalable IT architectures to support demanding and critical workloads. Switch owns and operates primary campus locations called Primes. These Primes are The Core Campus in Vegas, Nevada; The Citadel Campus near Reno, Nevada; The Pyramid Campus in Grand Rapids, Michigan; and The Keep Campus in Atlanta, Georgia. It generates the majority of its revenue through colocation, which includes the licensing and leasing of cabinet space & power.
Executives
Thomas A Thomas director 5241 SPRING MOUNTAIN ROAD, LAS VEGAS NV 89150
Teresa A. Borden officer: Chief Construction Officer C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Rob Roy director, 10 percent owner, officer: Chief Executive Officer 7135 S. DECATUR BLVD, LAS VEGAS NV 89118
Erin Thomas Morton 10 percent owner, officer: President and General Counsel 7135 S. DECATUR BLVD, LAS VEGAS NV 89118
Stella Roy 10 percent owner 410 S. RAMPART BLVD., SUITE 350, LAS VEGAS NV 89145
Jonathan H King officer: Chief Revenue Officer C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Jason Genrich director C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Melissa Young officer: Chief Information Officer C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
First St Switch Llc 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Jeffrey Alan Troesh 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Eastern Capital Group Llc 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Family Foundation Troesh 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Angela N Archon director 294 ROUTE 100, BUILDING 1, SOMERS NY 10589
Liane J Pelletier director 10700 NE 4TH STREET # 4004, BELLEVUE WA 98004
Dt Grat Lm, Llc 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052