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Mynd.ai (STU:WK6) Total Current Liabilities : €141.6 Mil (As of Jun. 2024)


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What is Mynd.ai Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Mynd.ai's total current liabilities for the quarter that ended in Jun. 2024 was €141.6

Mynd.ai Total Current Liabilities Historical Data

The historical data trend for Mynd.ai'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.

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Mynd.ai Total Current Liabilities Chart

Mynd.ai Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
- 195.08 163.74

Mynd.ai Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Total Current Liabilities - 195.08 - 163.74 141.57

Mynd.ai Total Current Liabilities Calculation

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

Mynd.ai'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
=111.544+33.337
+Other Current Liabilities+Current Deferred Liabilities
=0.14900000000003+18.711
=163.7

Mynd.ai's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=97.826+23.506
+Other Current Liabilities+Current Deferred Liabilities
=0+20.235
=141.6

* 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

Mynd.ai Total Current Liabilities Related Terms

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Mynd.ai Business Description

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MYND:USA
Address
720 Olive Way, Suite 1500, Seattle, WA, USA, 98101
Website
https://www.mynd.ai
Mynd.ai Inc is a company that provides a platform for delivering digital content in K-12 classrooms, giving teachers seamless connectivity to inspire young minds. It features agnostic hardware that integrates across technology providers. Its product line includes a wide range of interactive tools and technologies, with its award-winning interactive displays at the forefront. It also offers interactive software apps such as Screen Share, computing modules, and accessories that meet the needs of customers, including K -12 educators, colleges and universities, small businesses and corporations, government agencies, and more.

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