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Brand Engagement Network (Brand Engagement Network) Total Current Liabilities : $3.15 Mil (As of Dec. 2023)


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What is Brand Engagement Network Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Brand Engagement Network's total current liabilities for the quarter that ended in Dec. 2023 was $3.15

Brand Engagement Network Total Current Liabilities Historical Data

The historical data trend for Brand Engagement Network'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.

Brand Engagement Network Total Current Liabilities Chart

Brand Engagement Network Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
0.24 0.67 3.15

Brand Engagement Network Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities 0.24 - 0.67 1.83 3.15

Brand Engagement Network Total Current Liabilities Calculation

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

Brand Engagement Network's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.92+0.223
+Other Current Liabilities+Current Deferred Liabilities
=0.0010000000000003+0.002
=3.15

Brand Engagement Network'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
=2.92+0.223
+Other Current Liabilities+Current Deferred Liabilities
=0.0010000000000003+0.002
=3.15

* 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

Brand Engagement Network Total Current Liabilities Related Terms

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Brand Engagement Network (Brand Engagement Network) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Brand Engagement Network Inc (NAS:BNAI) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
145 E. Snow King Avenue, PO Box 1045, Jackson, WY, USA, 83001
Website
https://www.beninc.ai
Brand Engagement Network Inc is an innovative AI platform provider, designed to interface with emerging technologies, including blockchain, the internet of Things, and cloud computing, that drive digital transformation across various industries and provide businesses with an unparalleled competitive edge. BEN offers a suite of configured and customizable applications, including natural language processing, anomaly detection, encryption, recommendation engines, sentiment analysis, image recognition, personalization, and real-time decision-making.

Brand Engagement Network (Brand Engagement Network) Headlines

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