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WFLDF (Wellfield Technologies) Total Current Liabilities : $12.00 Mil (As of Dec. 2024)


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What is Wellfield Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Wellfield Technologies's total current liabilities for the quarter that ended in Dec. 2024 was $12.00

Wellfield Technologies Total Current Liabilities Historical Data

The historical data trend for Wellfield Technologies'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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Wellfield Technologies Total Current Liabilities Chart

Wellfield Technologies Annual Data
Trend Dec19 Dec20 Dec21 Mar23 Mar24
Total Current Liabilities
0.04 0.26 1.15 4.86 10.54

Wellfield Technologies Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 7.26 10.54 10.14 11.05 12.00

Wellfield Technologies Total Current Liabilities Calculation

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

Wellfield Technologies's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.008+4.531
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=10.54

Wellfield Technologies's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.844+5.155
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000012+0
=12.00

* 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

Wellfield Technologies Total Current Liabilities Related Terms

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Wellfield Technologies Business Description

Industry
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K8D:Germany WFLD:Canada
Address
666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Website
https://www.wellfield.io
Wellfield Technologies Inc is engaged in decentralized finance (DeFi) by building open and accessible decentralized protocols and also blockchain-based consumer products. The company's brands include Seamless - the company's protocol layer and MoneyClip - the company's application layer brand. The company's brands include Coinmama, Wellfield Capital, and Wellfield Gold.