GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Zovio Inc (OTCPK:ZVOI) » Definitions » Total Current Liabilities

Zovio (ZVOI) Total Current Liabilities : $34.6 Mil (As of Sep. 2022)


View and export this data going back to 2009. Start your Free Trial

What is Zovio Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Zovio's total current liabilities for the quarter that ended in Sep. 2022 was $34.6

Zovio Total Current Liabilities Historical Data

The historical data trend for Zovio'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.

Zovio Total Current Liabilities Chart

Zovio Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.93 126.63 123.44 70.78 89.71

Zovio 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 70.96 89.71 100.68 42.93 34.56

Zovio Total Current Liabilities Calculation

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

Zovio'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
=55.29+4.492
+Other Current Liabilities+Current Deferred Liabilities
=14.987+14.939
=89.7

Zovio'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
=22.969+2.422
+Other Current Liabilities+Current Deferred Liabilities
=1.125+8.039
=34.6

* 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

Zovio Total Current Liabilities Related Terms

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

Zovio (ZVOI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Zovio Inc (OTCPK:ZVOI) » Definitions » Total Current Liabilities
Comparable Companies
TSXV:XRTX XCNQ:BLAB TSXV:IBT TSXV:IOT XCNQ:GLOW GSHN EDU ASX:IEL SZSE:002607 HKSE:01797 TAL LOPE HKSE:02469 GHC HKSE:00839 STRA CHGG LAUR LRN ATGE
Traded in Other Exchanges
N/A
Address
1811 E. Northrop Boulevard, Chandler, AZ, USA, 85286
Website
https://www.zovio.com
Zovio Inc is an education technology services company that partners with higher education institutions and employers to deliver solutions to help learners and leaders achieve their aspirations. It has developed tools for faculty and administration. The company's Faculty Management System (FMS) supports faculty onboarding, scheduling, payroll, professional development, faculty credentials, and more.
Executives
Randy J Hendricks director, officer: Chief Executive Officer C/O ZOVIO INC, 1811 EAST NORTHROP BLVD, CHANDLER AZ 85286
Wilson John Silvanus Jr. director C/O ZOVIO INC, 1811 EAST NORTHROP BOULEVARD, CHANDLER AZ 85286
Ron Huberman director 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
George P. Pernsteiner director C/O BRIDGEPOINT EDUCATION, INC., 8620 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
John Kiely director C/O ZOVIO INC, 1811 E NORTHROP BLVD, CHANDLER AZ 85286
Ryan Craig director C/O BPE 13500 EVENING CREEK DRIVE NORTH, SUITE 600, SAN DIEGO CA 92128
Steve Burkholder officer: VP, Chief Accounting Officer C/O BRIDGEPOINT EDUCATION, INC., 8620 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
Michael P Cole director 1165 NORTH CLARK STREET, 4TH FLOOR, CHICAGO IL 60610
Andrew S. Clark director, officer: CEO and President C/O BPE 13500 EVENING CREEK DRIVE NORTH, SUITE 600, SAN DIEGO CA 92128
Umang Jain officer: SVP, Chief Technology Officer C/O BRIDGEPOINT EDUCATION, INC., 8620 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
Robert D Hartman director 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
John Semel officer: Chief Strategy Officer JOHN WILEY & SONS, INC., 111 RIVER STREET, HOBOKEN NJ 07030
Gregory K. Finkelstein officer: Chief Operating Officer C/O BRIDGEPOINT EDUCATION, INC., 8620 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
Kirsten Marriner director 900 OMNICARE CENTER, 201 E. 4TH STREET, CINCINNATI OH 45202
Teresa Carroll director 999 WEST BIG BEAVER ROAD, TROY MI 48084