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Volta (VLTA) Total Current Liabilities : $101.93 Mil (As of Sep. 2022)


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What is Volta Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Volta's total current liabilities for the quarter that ended in Sep. 2022 was $101.93


Volta Total Current Liabilities Historical Data

The historical data trend for Volta'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.

Volta Total Current Liabilities Chart

Volta Annual Data
Trend Dec20 Dec21
Total Current Liabilities
52.91 96.10

Volta Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 122.75 96.10 94.73 104.37 101.93

Volta Total Current Liabilities Calculation

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

Volta'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
=25.998+24.304
+Other Current Liabilities+Current Deferred Liabilities
=37.348+8.45
=96.10

Volta'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
=47.764+26.889
+Other Current Liabilities+Current Deferred Liabilities
=13.927+13.352
=101.93

* 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


Volta Total Current Liabilities Related Terms

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Volta (VLTA) Business Description

Traded in Other Exchanges
N/A
Address
155 De Haro Street, San Francisco, CA, USA, 94103
Volta Inc is engaged in the industry of commerce-centric electric vehicle (EV) charging networks. It builds EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers are active. As part of Volta's EV charging offering, its stations allow it to enhance its site hosts' and strategic partners' core commercial interests, creating a new means for them to benefit from the transformative shift to electric mobility.
Executives
Bonita C. Stewart director 250 COROMAR DRIVE, GOLETA CA 93117
Stephen J. Pilatzke officer: Chief Accounting Officer 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Katherine J Savitt director C/O VOLTA INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Michelle Kley officer: Chief Legal Officer C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Vincent T. Cubbage director, officer: Interim CEO 725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
John J. Tough director C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Martin Lauber director C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Brandt Hastings officer: Chief Commercial Officer C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Eli Aheto director C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Volta Inc. officer: Chief Accounting Officer 155 DE HARO STREET, SAN FRANCISCO CA 94103
Yifan Tang officer: Chief Technology Officer C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Scott Mercer director, officer: Chief Executive Officer C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Virgo Hermes, Llc 10 percent owner 1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Jesse C Watson 10 percent owner 1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Virgo Agency Services Llc 10 percent owner 1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010

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