Smith-Midland (Smith-Midland) Total Liabilities : $23.84 Mil (As of Sep. 2023)

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What is Smith-Midland Total Liabilities?

Smith-Midland's Total Liabilities for the quarter that ended in Sep. 2023 was $23.84 Mil.

Smith-Midland's quarterly Total Liabilities declined from Mar. 2023 ($23.34 Mil) to Jun. 2023 ($23.26 Mil) but then increased from Jun. 2023 ($23.26 Mil) to Sep. 2023 ($23.84 Mil).

Smith-Midland's annual Total Liabilities declined from Dec. 2020 ($22.85 Mil) to Dec. 2021 ($21.53 Mil) and declined from Dec. 2021 ($21.53 Mil) to Dec. 2022 ($21.26 Mil).

Smith-Midland Total Liabilities Historical Data

The historical data trend for Smith-Midland's Total 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.

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Smith-Midland Total Liabilities Chart

Smith-Midland Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Liabilities

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22.52

21.29

22.85

21.53

21.26

Smith-Midland Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Liabilities	Get a 7-Day Free Trial															21.35	21.26	23.34	23.26	23.84

Smith-Midland Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Smith-Midland's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	11.224	+	(5.775	+	-1.7763568394003E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	4.259	+	0)
	=	21.26

Total Liabilities	=	Total Assets (A: Dec. 2022 )	-	Total Equity (A: Dec. 2022 )
	=	54.313	-	33.055
	=	21.26

Smith-Midland's Total Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	12.925	+	(5.273	+	-1.7763568394003E-15
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	5.638	+	0)
	=	23.84

Total Liabilities	=	Total Assets (Q: Sep. 2023 )	-	Total Equity (Q: Sep. 2023 )
	=	57.654	-	33.818
	=	23.84

Smith-Midland Total Liabilities Related Terms

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Smith-Midland (Smith-Midland) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Smith-Midland Corp (NAS:SMID) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

5119 Catlett Road, P.O. Box 300, Midland, VA, USA, 22728

Website

https://www.smithmidland.com

Smith-Midland Corp through its subsidiaries invents, develops, manufactures, markets sells and installs precast concrete products for primary use in the construction, highway, utilities and farming industries. The firm's customers are general contractors and federal, state and local transportation authorities. Its products include Slenderwall, JJhooks, Softsound, Sierra wall and Easi set. A substantial portion of the company's business is derived from local, state and federal building projects. The company generates revenues primarily from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility and farming industries.

Executives

Wesley A Taylor	director, officer: Vice President	C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Stephanie Poe	officer: Chief Financial Officer	5119 CATLETT ROAD, MIDLAND VA 22728
Ashley B Smith	director, officer: Vice President	C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Rodney I Smith	director, officer: Chief Executive Officer	C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Adam Jay Krick	officer: Chief Financial Officer	5119 CATLETT ROAD, MIDLAND VA 22728
James Russell Bruner	director	5119 CATLETT ROAD, MIDLAND VA 22728
Richard Gerhardt	director	5229 CATLETT ROAD, MIDLAND VA 20728
Russell Frederick L. Jr.	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners, Llc	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners Ii, Llc	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Ii, Lp	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Tall Cotton Partners, Llc	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Gerhard E Borst	director	5119 CATLETT ROAD, MIDLAND VA 22728
David W Wright	10 percent owner
Canine Partners Llc	10 percent owner	255 SO 17TH ST, SUITE 2501, PHILADELPHIA PA 19103