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Specificity (Specificity) Total Current Liabilities : $0.87 Mil (As of Sep. 2023)


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What is Specificity Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Specificity's total current liabilities for the quarter that ended in Sep. 2023 was $0.87

Specificity Total Current Liabilities Historical Data

The historical data trend for Specificity'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.

Specificity Total Current Liabilities Chart

Specificity Annual Data
Trend Dec20 Dec21 Dec22
Total Current Liabilities
0.05 0.10 0.37

Specificity Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.17 0.37 0.65 1.01 0.87

Specificity Total Current Liabilities Calculation

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

Specificity's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.132+0.044
+Other Current Liabilities+Current Deferred Liabilities
=-0.001+0.194
=0.37

Specificity's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.184+0.323
+Other Current Liabilities+Current Deferred Liabilities
=0+0.367
=0.87

* 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

Specificity Total Current Liabilities Related Terms

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Specificity (Specificity) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Specificity Inc (OTCPK:SPTY) » Definitions » Total Current Liabilities
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BYOC DBMM DMSL SNPW PVSP MMND CMGR MOBQ NWCN CMGO XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
410 Ware Boulevard, Suite 508, Tampa, FL, USA, 33619
Website
https://www.specificityinc.com
Specificity Inc is a full-service digital marketing firm that delivers cutting-edge marketing solutions to business to business clients as well as business to consumer clients. The company offers host of marketing services including Email Marketing, Automated Marketing, Retargeting Marketing ,Content Marketing, Social Media Content Creation, Digital Production Marketing, Creating Brand Standard, Logo Creation It builds digital marketing campaigns for all sorts of businesses, small to large, all over the country.
Executives
Jason Allen Wood director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 14213 SUNDIAL PL, LAKEWOOD RANCH FL 34202-5894
Kevin Frisbie director PO BOX 714, LEWISTON ME 04243
William Mark Anderson director, officer: CHIEF OPERATING OFFICER 2215 E 4TH AVE, TAMPA FL 33605-5409