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Western Capital Resources (Western Capital Resources) Total Current Liabilities : $26.9 Mil (As of Mar. 2022)


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What is Western Capital Resources Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Western Capital Resources's total current liabilities for the quarter that ended in Mar. 2022 was $26.9


Western Capital Resources Total Current Liabilities Historical Data

The historical data trend for Western Capital Resources'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.

Western Capital Resources Total Current Liabilities Chart

Western Capital Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.16 14.17 17.74 19.22 24.97

Western Capital Resources Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 24.52 19.07 22.56 24.97 26.91

Western Capital Resources Total Current Liabilities Calculation

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

Western Capital Resources's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=14.938+7.148
+Other Current Liabilities+Current Deferred Liabilities
=1.769+1.118
=25.0

Western Capital Resources's Total Current Liabilities for the quarter that ended in Mar. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=16.508+7.741
+Other Current Liabilities+Current Deferred Liabilities
=2.662+0
=26.9

* 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


Western Capital Resources Total Current Liabilities Related Terms

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Western Capital Resources (Western Capital Resources) Business Description

Traded in Other Exchanges
N/A
Address
11550 I Street, Suite 150, Omaha, NE, USA, 68137
Western Capital Resources Inc is a direct marketer of roses, plants, seeds, holiday gifts, and home restoration products. It operates thorough Cellular Retail, Direct to Consumer and Consumer Finance segments. The Cellular Retail segment, which is the key revenue driver, comprises an authorized Cricket Wireless dealer and involves the retail sale of cellular phones and accessories to consumers. The Direct to Consumer segment consists of online and direct marketing retailers. The Consumer Finance segment consists of retail financial services. All the business activity functions through Canada.
Executives
Angel Donchev officer: Chief Financial Officer 5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Jack Myers director 5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Richard Edward Miller director 11550 I STREET, SUITE 150, OMAHA NE 68137
Lawrence S. Berger director 5425 WISCONSIN AVE, SUITE 701, CHEVY CHASE MD 20815
John Quandahl officer: Chief Operating Officer 9449 SCIENCE CENTER DRIVE, NEW HOPE MN 55428
Kuby Kevin Morgan Paul director 5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Bc Alpha Holdings I, Llc 10 percent owner 5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Gay A Burke director C/O WESTERN CAPITAL RESOURCES INC., 11550 "I" STREET, SUITE 150, OMAHA NE 68137
Wcr, Llc 10 percent owner 5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815
Steve Irlbeck officer: Chief Financial Officer 11550 I STREET, SUITE 150, OMAHA NE 68137
Thomas H Ripley director C/O WESTERN CAPITAL RESOURCES, INC., 11550 I STREET, SUITE 150, OMAHA NE 68137
Douglas Michael Polinsky 10 percent owner 130 LAKE ST. WEST, WAYZATA MN 55391
Geraci Joseph Anthony Ii 10 percent owner 900 IDS CENTER, 80 S. EIGHT STREET, MINNEAPOLOS MN 55402
Ellery Roberts director 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Chapin Aldus H Ii director 5425 WISCONSIN AVENUE, SUITE 701, CHEVY CHASE MD 20815

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