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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. GCM Grosvenor's total current liabilities for the quarter that ended in Sep. 2024 was $99.4
The historical data trend for GCM Grosvenor'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.
GCM Grosvenor Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Total Current Liabilities | Get a 7-Day Free Trial | 41.87 | 73.67 | 69.36 | 64.59 | 62.89 |
GCM Grosvenor Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Total Current Liabilities | Get a 7-Day Free Trial | 82.10 | 62.89 | 85.54 | 85.01 | 99.37 |
Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.
GCM Grosvenor'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 |
= | 54.091 | + | 0 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 0 | + | 8.795 | |
= | 62.9 |
GCM Grosvenor's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as
Total Current Liabilities | = | Accounts Payable & Accrued Expense | + | Short-Term Debt & Capital Lease Obligation |
= | 99.373 | + | 0 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 0 | + | 0 | |
= | 99.4 |
* 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
Thank you for viewing the detailed overview of GCM Grosvenor's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.
Kathleen Patricia Sullivan | officer: M D and Head of Accounting | 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Pamela L Bentley | officer: Chief Financial Officer | C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004 |
Sandra Hurse | officer: Chief HR Officer | C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Adage Capital Partners Gp, L.l.c. | 10 percent owner | 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
Gcm Progress Llc | 10 percent owner | C/O GCM GROSVENOR, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Gcm Progress Subsidiary Llc | 10 percent owner | C/O GCM GROSVENOR, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Cf Finance Holdings Llc | 10 percent owner | 110 EAST 59TH STREET, NEW YORK NY 10022 |
Stephen Malkin | director | C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Francesca Cornelli | director | C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Angela Blanton | director | C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Gcm V, Llc | 10 percent owner | C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Grosvenor Holdings, L.l.c. | 10 percent owner | 900 NORTH MICHIGAN AVE, SUITE 1100, CHICAGO IL 60611 |
Jonathan Reisin Levin | director, officer: President | 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Frederick Pollock | officer: Chief Investment Officer | 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
Michael Jay Sacks | director, 10 percent owner, officer: Chief Executive Officer | 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611 |
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