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Webuy Global (Webuy Global) Total Current Liabilities : $22.18 Mil (As of Dec. 2023)


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What is Webuy Global Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Webuy Global's total current liabilities for the quarter that ended in Dec. 2023 was $22.18


Webuy Global Total Current Liabilities Historical Data

The historical data trend for Webuy Global'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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Webuy Global Total Current Liabilities Chart

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
4.12 10.28 22.18

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities 4.12 - 10.28 15.80 22.18

Webuy Global Total Current Liabilities Calculation

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

Webuy Global'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
=13.761+3.123
+Other Current Liabilities+Current Deferred Liabilities
=0+5.294
=22.18

Webuy Global's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=13.761+3.123
+Other Current Liabilities+Current Deferred Liabilities
=0+5.294
=22.18

* 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


Webuy Global Total Current Liabilities Related Terms

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Webuy Global (Webuy Global) Business Description

Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.