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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. Paid's total current liabilities for the quarter that ended in Dec. 2024 was $2.54
The historical data trend for Paid'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.
Paid Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Total Current Liabilities | Get a 7-Day Free Trial |
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1.78 | 2.72 | 2.08 | 1.93 | 2.54 |
Paid Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Total Current Liabilities | Get a 7-Day Free Trial |
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1.93 | 1.72 | 2.07 | 2.02 | 2.54 |
Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.
Paid's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as
Total Current Liabilities | = | Accounts Payable & Accrued Expense | + | Short-Term Debt & Capital Lease Obligation |
= | 2.134 | + | 0.033 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | -0.00099999999999989 | + | 0.373 | |
= | 2.54 |
Paid's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as
Total Current Liabilities | = | Accounts Payable & Accrued Expense | + | Short-Term Debt & Capital Lease Obligation |
= | 2.134 | + | 0.033 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | -0.00099999999999989 | + | 0.373 | |
= | 2.54 |
* 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 Paid's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.
David Daniel Scott | officer: Chief Operating Officer | 798 UPPER KENILWORTH AVE, HAMILTON A6 L8T5A4 |
Christopher J Coghlin | 10 percent owner | 27 OTIS STREET, WESTBOROUGH MA 01581 |
Pratt Allan | director | 79 LAURENDALE AVENUE, WATERDOWN A6 L0R 2H3 |
Laurie Diane Bradley | director | 8128 TIMBER TRAIL, WHITE LAKE MI 48386 |
David Ogden | director | 6517 AUTUMN WOODS BLVD., NAPLES FL 34109 |
Terry Fokas | director | 6630 NORTHPORT DRIVE, DALLAS TX 75230 |
James P O'neil | director | C/O PAID, INC., 40 WASHINGTON STREET, SUITE 3000, WESTBOROUGH MA 01581 |
Lewis William Austin Iv | director, officer: President and CEO | 201 E 87TH STREET, APT 5H, NEW YORK NY 10128 |
Andrew Pilaro | director | C/O SALES ONLINE DIRECT INC, 4 BRUSSELS ST, WORCESTER MA 01610 |
Christopher Culross | officer: CFO, Treas., Asst. Secretary | 4 BRUSSELS STREET, WORCESTER MA 01610 |
Gregory Rotman | director, officer: President and CEO | C/O PAID INC, 4 BRUSSELS STREET, WORCESTER MA 01610 |
Augustine Fund Lp | 10 percent owner | 141 WEST JACKSON BLVD. STE. 2182, CHICAGO IL 60606 |
Thomas F Duszynski | 10 percent owner | 141 W. JACKSON, SUITE 2182, CHICAGO IL 60604 |
John T Porter | 10 percent owner | 141 W. JACKSON, SUITE 2182, CHICAGO IL 60604 |
Brian D Porter | 10 percent owner | 141 W. JACKSON, SUITE 2182, CHICAGO IL 60604 |
From GuruFocus
By PRNewswire • 05-14-2024
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