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RumbleON (RumbleON) Total Current Liabilities : $412 Mil (As of Mar. 2024)


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What is RumbleON Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. RumbleON's total current liabilities for the quarter that ended in Mar. 2024 was $412

RumbleON Total Current Liabilities Historical Data

The historical data trend for RumbleON'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.

RumbleON Total Current Liabilities Chart

RumbleON Annual Data
Trend Nov14 Nov15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.70 35.45 179.07 311.70 395.00

RumbleON Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 351.58 349.96 384.37 395.00 411.50

RumbleON Total Current Liabilities Calculation

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

RumbleON'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
=32.7+350.8
+Other Current Liabilities+Current Deferred Liabilities
=8+3.5
=395

RumbleON's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=72.1+339.4
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=412

* 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

RumbleON Total Current Liabilities Related Terms

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RumbleON (RumbleON) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » RumbleON Inc (NAS:RMBL) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
4Q01:Germany
Address
901 W Walnut Hill Lane, Irving, TX, USA, 75038
Website
https://www.rumbleon.com
RumbleON Inc is a USA-based online retailer that allows both consumers and dealers to Buy-Sell-Trade-Finance pre-owned motorcycles in an efficient, fast, transparent, and engaging experience. Its segments include power sports, automotive, and vehicle logistics. Powersports and automotive segments consist of the distribution of pre-owned vehicles. The Powersports segment that derives the majority of revenue consists of the distribution principally of motorcycles and other powersports vehicles, while the automotive segment distributes cars and trucks. The vehicle Logistics and transportation service segment offers nationwide automotive transportation services between dealerships and auctions.
Executives
Stone House Capital Management, Llc 10 percent owner 1019 KANE CONCOURSE, SUITE 202, BAY HARBOR ISLANDS FL 33154
William Coulter director, 10 percent owner 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Mark Tkach director, 10 percent owner, officer: Interim CEO 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Sh Capital Partners, L.p. 10 percent owner 1019 KANE CONCOURSE, SUITE 202, BAY HARBOR ISLANDS FL 33154
Mark Alexander Cohen 10 percent owner 950 THIRD AVENUE, 17TH FLOOR, NEW YORK NY 10022
Melvin Flanigan director C/O CAMPING WORLD HOLDINGS, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60069
Michael Francis officer: Chief Legal Officer 901 W. WALNUT HILL LANE, IRVING TX 75038
Steven J Pully director 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
Rebecca C. Polak director 611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Wjc Properties, L.l.c. other: Member of 13(d) Group 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Wrc-098 Trust other: Member of 13(d) Group 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Wrc-2009, L.l.c. other: Member of 13(d) Group 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Wrc 2021 Irrevocable Trust other: Member of 13(d) Group 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Blake Lawson officer: Chief Financial Officer C/O RUMBLEON, INC., 901 W. WALNUT HILL LANE, IRVING TX 75038
Adam Alexander director C/O RUMBLEON, INC., 901 W. WALNUT HILL LANE, IRVING TX 75038