Embark Technology (Embark Technology) Total Liabilities : $27.74 Mil (As of Mar. 2023)

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What is Embark Technology Total Liabilities?

Embark Technology's Total Liabilities for the quarter that ended in Mar. 2023 was $27.74 Mil.

Embark Technology's quarterly Total Liabilities declined from Sep. 2022 ($38.97 Mil) to Dec. 2022 ($29.76 Mil) and declined from Dec. 2022 ($29.76 Mil) to Mar. 2023 ($27.74 Mil).

Embark Technology's annual Total Liabilities increased from Dec. 2020 ($2.18 Mil) to Dec. 2021 ($56.37 Mil) but then declined from Dec. 2021 ($56.37 Mil) to Dec. 2022 ($29.76 Mil).

Embark Technology Total Liabilities Historical Data

The historical data trend for Embark Technology's Total 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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Embark Technology Total Liabilities Chart

Embark Technology Annual Data

Trend

Dec20

Dec21

Dec22

Total Liabilities

2.18

56.37

29.76

Embark Technology Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Liabilities	Get a 7-Day Free Trial					45.01	22.44	38.97	29.76	27.74

Embark Technology Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Embark Technology's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	8.664	+	(20.519	+	0.573
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	29.76

Total Liabilities	=	Total Assets (A: Dec. 2022 )	-	Total Equity (A: Dec. 2022 )
	=	214.73	-	184.974
	=	29.76

Embark Technology's Total Liabilities for the quarter that ended in Mar. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	11.795	+	(15.402	+	0.545
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	27.74

Total Liabilities	=	Total Assets (Q: Mar. 2023 )	-	Total Equity (Q: Mar. 2023 )
	=	153.435	-	125.693
	=	27.74

Embark Technology Total Liabilities Related Terms

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Embark Technology (Embark Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Embark Technology Inc (NAS:EMBKW) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 Alabama Street, San Francisco, CA, USA, 94110

Website

https://www.embarktrucks.com

Embark Technology Inc is engaged in providing software and associated services that power self-driving trucks. It offers operational savings and collaborates with carriers, truck manufacturers, and tier 1 suppliers. The company's products include Embark Driver, Embark Universal Interface, and Embark Guardian.