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Vemanti Group (Vemanti Group) Total Current Liabilities : $0.34 Mil (As of Mar. 2024)


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What is Vemanti Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Vemanti Group's total current liabilities for the quarter that ended in Mar. 2024 was $0.34

Vemanti Group Total Current Liabilities Historical Data

The historical data trend for Vemanti Group'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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Vemanti Group Total Current Liabilities Chart

Vemanti Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
- - 0.56 0.32 0.32

Vemanti Group Quarterly Data
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 0.43 0.38 0.41 0.32 0.34

Vemanti Group Total Current Liabilities Calculation

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

Vemanti Group'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
=0.034+0.283
+Other Current Liabilities+Current Deferred Liabilities
=5.5511151231258E-17+0
=0.32

Vemanti Group'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
=0.042+0.286
+Other Current Liabilities+Current Deferred Liabilities
=0.0070000000000001+0
=0.34

* 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

Vemanti Group Total Current Liabilities Related Terms

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Vemanti Group (Vemanti Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vemanti Group Inc (OTCPK:VMNT) » Definitions » Total Current Liabilities
Comparable Companies
ASNS VISL MITQ MLRT IPTK MINM TPTW ELST SYTA TCCO CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite. 200, Irvine, CA, USA, 92618
Website
https://www.vemanti.com
Vemanti Group Inc, through its subsidiaries, provides IP (Internet Protocol) communication needs. The company's network offers availability, coverage, flexibility and enables the following technology solutions: unified communications, data centre services, content delivery, voice over IP (VoIP), and cloud computing. The company also focuses on acquisition and investment in companies that focus on blockchain projects and applications combined with other emerging technologies, including machine learning/AI, security, and the internet of things (IoT).
Executives
Stephen Richard Jones officer: CFO 256 GREENGLADE AVENUE, WORTHINGTON OH 43085
Tan Tran director, 10 percent owner, officer: President, CEO, CFO 7545 IRVINE CENTER DR., STE. 200, IRVINE CA 92618
Rachel Boulds Cpa, Pllc director 6371 S. GLENOAKS STREET, MURRAY UT 84107